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RE: Silver Leverage At All Time High; How Futures Work To Depress Price

in #money6 years ago

I keep an eye out for this one, but I have a feeling this market has already seen its glory days, probably just probably we meet hit the 20 dollar mark that would be greeted with the traditional smack down... Look at what today, I am pretty sure the precious metals bugs went long Friday taking into account the political uncertainty and trade war looming added to mini market crash on Friday expect to make a profit instead they were greetings Dollar trading higher and precious metals including Gold trading lower... Its not easy and people still say crypto traders are gambling, talk about fundamentals and technicals of precious metal bugs getting high of their own supply while the market elites smack them in the face

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Eh, Cryptos just seem to evolve faster over time. It takes a lot of patience and in a fast-moving ecosystem like blockchain, patience gets removed because we all can see 10% rises and drops in as little as 5 hours.