Weekly Silver Report

image.png

"Freedom . . .The American Way" these days seems to me to mean zero freedom and if you dare complain, it is off to the gulag.

image.png

Last week I reported that silver was on the verge of making a LOWER LOW and then magically silver rallied hard.

So from a technical basis, silver now has a HIGHER LOW. Unfortunately, silver remains in NEUTRAL.

image.png

Great question with a simple answer. At this juncture the bulls need to take out the prior high in order to establish an UPTREND. An uptrend being defined as a series of HIGHER HIGHS and HIGHER LOWS.

image.png

In order to turn silver into a DOWNTREND, the bears need to halt the recent rise in silver below the prior HIGH and take out the the recent LOW. A DOWNTREND is defined as a series of LOWER LOWS and LOWER HIGHS.

Since neither BEARS nor BULLS have established a clear trend, silver remains in NEUTRAL.

image.png
source: JM BULLION

There is a fire sale going on American Silver Eagles with a premium of only $6 above spot.

image.png

Peace out and Stack On!

Sort:  

Meanwhile we can get ready for the higher highs and higher lows by stacking more on the lower highs and the lower lows. One day that rolled up paper shorts will backfire and wack the hand that weids it.

This is really good. It look pretty good for finally having a freedom

Go bulls!
!pimp


You must be killin' it out here!
@tbnfl4sun just slapped you with 1.000 PIMP, @handofzara.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/1 possible people today.

pimp_logo


Read about some PIMP Shit or Look for the PIMP District

Very nice round, and really interesting to see where the price will go !PIMP


You must be killin' it out here!
@bitcoinman just slapped you with 1.000 PIMP, @handofzara.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/2 possible people today.

pimp_logo


Read about some PIMP Shit or Look for the PIMP District

I just feel the market needs to do better...
The coin looks so good too

Finally a premium on eagles that I can swallow!

Freedom at last

I said the same thing last time in the comments that it will start going up again. And we can see that it has come right up.

You received an upvote of 100% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!