Goldtent TA Paradise

Silver:Nasdaq Ratio

1. Gold Learner says:

   February 1, 2021 - 12:08 pm at 12:08 pm

   Excellent chart! Thanks for sharing

2. Noman says:

   February 1, 2021 - 12:22 pm at 12:22 pm

   Silver Double Top??

   • Gold Learner says:

     February 1, 2021 - 12:40 pm at 12:40 pm

     IMHO, despite this excellent chart, there’s no silver double top this current move will not stop until USD 50 is taken out again. We are in a huge 40+ year cup and handle pattern, last I checked.

     Over the year, we PM and miners investors have been so beaten up, that even a tiny move like today is suspect?

     Look at what’s being “done” to DXY today. At 91, and gold and silver are not bothered.

     Oh, I can sense the panic at the Fed, at TPTB (The Powers That Be)

     Look at “them” … they had to orchestrate this GME “noise” so that Citadel can be brought down??? Seriously ???
     Remember all the calls for GME to USD 1000?
     Is Citadel long a billion ounces of silver? Is this how it was to be?

     I have no problem giving “some credit” to the Redditors, but this was a long time coming.

     Now dips will be scooped up in the miners! And miners will be sold for multiple Xs, to generate cash for the ever-harder-to-get phyzz silver.

     • Highroller says:

       February 1, 2021 - 1:40 pm at 1:40 pm

       Why would JP Morgan just sit on their pile of silver, they bought cheap to sell to us, they will unload it in small , careful handouts . Add in the solar panel revolution this momentum should continue I reckon. Some solar/silver stats

       https://sdbullion.com/blog/is-silver-used-in-solar-panels

3. Noman says:

   February 1, 2021 - 1:48 pm at 1:48 pm

   If their client is the Fed they could use the hoard to suppress price discovery.