Loading ...Christmas Gift Window Is Closing
I believed the window to buy physical Silver, created by Monday’s FINAL major gift smackdown, would be over by Wednesday(today). It appears to be a double bottom that won’t hit the $68 level, I had hoped for. A double bottom near $70 is truly a gift, take it and be grateful. Once NY trading opens, Silver should rally. I would not be surprised, if by the end of trading today, Silver ends UP for the day! As I said Monday, new highs above Sunday nights $84, will be seen, soon enough.
Vince Lanci on gold fix this am is very cautious on Ag.
NO leverage on it…..he is implying great volatility because of the big players.
‘the tide playing with the boat anchor’
He is a futures trader and therefore has to use leverage and be extremely cautious. You need to be, in that game. I have followed his stuff for a while and his short term trading calls aren’t that good. He is very knowledgeable and brings good insights in his posts but I will stick with my own calls for my type of trading.
Thanks for that clarification CM.