[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

UK economy on brink of collapse (Needs IMF Bailout)

How Red Light Unlocks Your Body’s Hidden Fat-Burning Switch

The Mar-a-Lago Accord Confirmed: Miran Brings Trump's Reset To The Fed ($8,000 Gold)

This taboo sex act could save your relationship, expert insists: ‘Catalyst for conversations’

LA Police Bust Burglary Crew Suspected In 92 Residential Heists

Top 10 Jobs AI is Going to Wipe Out

It’s REALLY Happening! The Australian Continent Is Drifting Towards Asia

Broken Germany Discovers BRUTAL Reality

Nuclear War, Trump's New $500 dollar note: Armstrong says gold is going much higher

Scientists unlock 30-year mystery: Rare micronutrient holds key to brain health and cancer defense

City of Fort Wayne proposing changes to food, alcohol requirements for Riverfront Liquor Licenses

Cash Jordan: Migrant MOB BLOCKS Whitehouse… Demands ‘11 Million Illegals’ Stay

Not much going on that I can find today

In Britain, they are secretly preparing for mass deaths

These Are The Best And Worst Countries For Work (US Last Place)-Life Balance

These Are The World's Most Powerful Cars

Doctor: Trump has 6 to 8 Months TO LIVE?!

Whatever Happened to Robert E. Lee's 7 Children

Is the Wailing Wall Actually a Roman Fort?

Israelis Persecute Americans

Israelis SHOCKED The World Hates Them

Ghost Dancers and Democracy: Tucker Carlson

Amalek (Enemies of Israel) 100,000 Views on Bitchute

ICE agents pull screaming illegal immigrant influencer from car after resisting arrest

Aaron Lewis on Being Blacklisted & Why Record Labels Promote Terrible Music

Connecticut Democratic Party Holds Presser To Cry About Libs of TikTok

Trump wants concealed carry in DC.

Chinese 108m Steel Bridge Collapses in 3s, 16 Workers Fall 130m into Yellow River

COVID-19 mRNA-Induced TURBO CANCERS.

Think Tank Urges Dems To Drop These 45 Terms That Turn Off Normies


World News
See other World News Articles

Title: PRECIOUS METALS – GOLD & SILVER ARE AT RECORD SHORTS!
Source: [None]
URL Source: https://touchstoneconnect.com/2022/ ... d-silver-are-at-record-shorts/
Published: May 9, 2022
Author: Staff
Post Date: 2022-05-09 17:58:49 by Horse
Keywords: None
Views: 722
Comments: 13

Record shorts at $60 billion for gold and silver HERE. Who has the most to gain when precious metals (gold & silver) go down in price? You guessed it – the banks who print fiat currency with no backing at all. When the price of gold and silver go up, that exposes the weakness of paper money. Anybody feeling the pinch of increasing prices which are the result of inflation (the increase in the supply of currency and credit)? Remember, gold and silver are the only recognized forms of money defined in the U.S. Constitution!

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

Begin Trace Mode for Comment # 3.

#2. To: Horse (#0)

Five times since Sept 2020, silver fell to below $22, with lows of $21.42, and $21.43 before rallying at least $3. That indicates a lot of support at about $22. Now silver is again below $22. Therefore, if the support holds this 6th time, now would a good time buy silver.

Of course, just because it held five times doesn't guarantee it will hold the 6th time. Nevertheless, considering the above, buying a futures contract at the current price $21.80 with a stop 50 cents lower hoping for a profit of $3 for a 6 to 1 reward/risk ratio may be an excellent gamble. On a 1,000 ounce contract, gamble losing $500 for an expectation of a $3,000 profit.

DWornock  posted on  2022-05-10   8:20:29 ET  Reply   Untrace   Trace   Private Reply  


#3. To: DWornock (#2)

On a 1,000 ounce contract, gamble losing $500 for an expectation of a $3,000 profit.

As long as you do not do it using borrowed money like the Hunt brothers, who lost their shirts in a margin call. ;)

BTP Holdings  posted on  2022-05-10   8:27:23 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 3.

#4. To: BTP Holdings (#3)

Deposit $3,000 with a stop 50 cents lower and you would not get a margin call. If silver fell to $21.30 (12 cents lower than the low the previous 5 times), you would lose $500. If silver rallied like the previous 5 times, you make $3,000 if you set that as your target, perhaps more if you don't, but then you risk a turnaround.

DWornock  posted on  2022-05-10 09:44:30 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 3.

TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]