Attention Silver Stackers
IF this chart doesn’t give you Pause at least….well…there is NO hope for you.
Disclaimer. I Fully admit I was a Silver Stacker during the last Parabolic Move.
The Coins are beautiful. They are addicting. Maple Leafs Eagles and even the “Junk”
I still have about half .
I didn’t sell the top but am glad I decided to cash in half my stash along the way down.
That SH!T is Heavy…Taking it to the coin shop and having them count it was a real pain.
There was over 30 YEARS waiting from the 1980 Parabola until the 2011 Parabola.
DID anyone sell near the top ?
They don’t ring a bell at a Silver Top..and it lasts about a nano second
Basically Silver has now been contained by the 50 Month Moving Average and Supported by the 200 Month MA.
That support is failing AND the 50 is looking like it will cross below the 200.
Don’t Shoot the messenger
🙁
Alas….I am sure someone will point out that maybe this is just the beginning of one GIANT Cup and Handle Pattern and the Handle is about to be formed .
Nah.
Nice chart. May be bearish EW count for silver is correct. Target calls for 4-5 . Bullish count target 35.
Request for Silver to gold ratio for the same time period 1970 to date???
Fully
? Is there an imminent death cross …… 50 MA crossing below 200 MA
? am I still early
I held on for the whole ride Ha
Winedoc
Fully, you spotted the cross already. Oops. I keep trying to learn this TA but you are miles ahead
All the best
Hi Doc
The Blue 50 has not yet crossed over the red 200.
It will take a few months but will happen unless silver really takes off.
But the Death Cross thing is really over rated. Just a lagging indicator.
Fully, I am considering joining “addicted silver stacker anonymous”. Do you have any contact info? I can’t help myself I bought more silver on Wednesday, silver at about $15.40 level. On a more positive note I did buy a 1913 $10 gold indian PCGS graded ms64 on Monday. See that’s not silver!
LOL
1-800-STA-CKER
The last person I saw post that cup and handle chart was Rambus, in July 2016.
Did ALL my stacking during my high school years in the late 60s and early 70s when I worked at a large grocery store. So what I have was all acquired at face value. Never sold any, never bought any more. That may change down the road. We’ll see.
Sam’s EW calls for a large spike then a massive fail, over coming years.
The latter as everyone liquidates everything to cover their debts. Especially whatever finds a liquid buyer. I want to see that puke before my strategy changes.
Oh Fully, I bet you earned some hate mail from this post.
If I wanted to buy physical silver again it would be with Sprotts PSLV, what a pain other wise. I’ll never do it again. I still have 1 silver bar and a few eagles. Currently they are used for a door stop or table levels. The gold coins I have a in the toilet leveling the bulb since gold doesn’t tarnish.
LOL T Bone.
Yes I did get hate mail
You are quite a character
LOl