Loading ...Confirmation
Yesterday, I posted my updated targets for gold and silver which are much higher than previously posted. I also pushed the timeline from June/July to July/Aug. Today, the piece below confirms the likelihood that the bottom is in and a big move to the upside is coming for silver. He compares the COT numbers to the period of June 2019, something I have been saying regarding the charts resembling the June 2019 period, before gold and silver had a sizeable rally. While the COT report isn’t an exact timing mechanism, it does get the direction right. Like I said yesterday, by next Friday, July 1st, the rally should be underway. https://silverseek.com/article/washed-out-silver-cot
“the piece below confirms the likelihood that the bottom is in”
Well, I will confirm for you its not.
ps .. what kind of english is ‘confirms the likelihood’ ??
Confirmation equates to certainty in my book. No room for “likely” at that point.
Sounds like a squishy lawyer talking to me.
Once a troll, always a troll. Instead of just saying you disagree about whether the bottom is in or not you go into nonsense about grammar and English. Confirmation by another data point doesn’t mean certainty, just the likliehood that my thesis is correct. Spare us any stupid follow-up, you made your point, I made mine. We will see once into July what silver does. Once into August one of us can congratulate the other on who was correct.
Turd Ferguson? His track record hasn’t been very good of late. COT one indicator might be bullish for Silver I don’t see much else that is.