Long Silver Thread on Twitter
This is the week of weeks for silver. Please go through this thread I started back in mid July warning of what could happen in August.
https://twitter.com/dailyedgegroup/status/1416066095547510790?s=21
Last message attached to this long one is another mini thread, added this morning.
https://twitter.com/dailyedgegroup/status/1429470801506357258?s=21
SI futures options for the September contract expire Thursday, the contract rolls Monday August 30 to the December contract with gold, the only time of year gold and silver are on the same contract expiration. This is a big reason why in previous years (such as 2000s decade) both could run all the way to November (December contracts expire this year on November 30).
Watch for additional short games to be played with silver paper contracts into the Jackson Hole and PCE Friday, as well as the roll next Monday on the 30th. Many of the huge drawdowns we have seen in metals occurred right at contract expirations in the last 12 months (November last year was a great example, the day after silver was up 5%).
* Side note: This site seems to have deteriorated over the last few months. I don’t check often, but the first 3 pages are nearly 100% unrelated to metals or currency trading. I find that odd for a a place that is intended to be dedicated to those topics, and mostly through chart (TA) analysis.
“This site seems to have deteriorated over the last few months” I can understand why you are thinking this, but in Fully’s defense all the covid crap is related to what is happening in the markets. IMO covid is the distraction to keep the sheeple from seeing the great reset bs from unfolding. Watch the progress on the CBDC because this is where they want to take us.
We are far more focused upon the biggest con and scandal an mass murder in history than we are on the Markets
If that issue is unimportant to you…move on to another site Mort .
But we can chew gum and walk at the same time.
Hi Mort. Thank you for posting your work. Me professional trader. I agree with your statement about the site being very changed from before. What good is making money if we are not free?
Gun toting northern Montana resident here in the States.
I understand the dystopian realities of our European and Australian brethren. The powers that be have decided that the climate is right to roll out their “great plan”. This is a time where very sinister people can flourish. The USA spiritually and intellectually has been on decline for 40 years, as has most of the West. The abandonment of Godly principles and morality in preference for the new (not new, just repackaged from the 1930s) cultural Marxism poison has laid the groundwork for a total transformation of our way of life. An army of sleeping sheep now appeal to government and authority while exchanging their civil liberties for so-called safety. It has been said, in the end they deserve neither freedom nor safety. History repeats, neighbor will be against neighbor incentivized by the government to spy on one another. People will be forced to live and tell lies because the truth will incriminate you.
This is a spiritual battle, perhaps a big one, perhaps the big one. This decade is likely to get a lot worse, there are too many coincidences pointing to a crescendo somewhere around 2026-2030. My advice is to have a plan to escape out of the system all together, there is still time. Of paramount importance is the building of wealth in PMs, stocks, real estate, and crypto. If it gets worse, and there is some kind of currency reset (CBDCs) due to all Western nations sponsoring debt/GDP levels that have exceeded World War II, you will need a medium of exchange that cannot be corrupted.
We have a garden, chickens, and neighbors with plenty of livestock. Guns are another important measure, and most importantly a source for ammunition. It’s good to have a plan and contingency if things get much worse, you can only keep what you can protect. Finding ways to help others in any coming crises is also at the top of the list, and those people can be anywhere not just in your home town/state/country. I understand if this is unhelpful to those that live in Canada, Europe, or Australia, many people gave up their guns long ago and don’t have reasonable access to the countryside on a longer term basis.
I’m no conspiracy theorist. I read extensively (most people have done huge amounts of research on their own in the last 18 months) and all of the ingredients we have in the West are the building blocks for very bad things to happen. I have accepted the fate and state of things currently, we are prepared. We are already seeing the beginnings of a miniature civil war in the USA. This is battle of ideas and thoughts, and the other “side” has no interest in coexisting. It has come to this.