Silver is an Idiot !
Bob doesn’t follow the rules
We had a wonderful breakout over an very defined and seemingly significant downtrend line
And this is how Bob behaved ! No Respect for trendline breaks !
Can’t trust the guy. He’s an Idiot
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WE ARE
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PRE EXISTING T CELL IMMUNITY
THE SPANISH FLU OF 1918
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POSTING INFORMATION
Agree, Bob needs to straighten up, in more ways than one.
But, I think he will come around when the US dollar lets go off my two h&s necklines and starts dropping towards my first POs.
This is ugly. It’s also one of the reasons why I think we have one more push lower in silver and HUI. There is often a back test on the shorter-term time frames, which we just had, and then one that can be seen on the daily.
One thing against silver – the historic Commercial short position. It’s possibly the unwinding of this that is collapsing the silver price. It has the potential to push it much lower I think.