I’m under the weather I.E going back to bed. The room is open

Risk Spreads are positive, however both the Spoo & Nasd have to get through these recent highs. Looking for a hard break after the # for opportunity. I want to see where the Silver and Indices hold. Silver @ the … Continue reading →

Platinum has the better looking technicals for a bounce in the metals. It is currently at the top of value on the 150X3. I’m in wait and see mode with the Indices Risk Spreads are consolidating. Everyone is waiting for … Continue reading →

To recap; I sold all metals and metals related holdings last Thursday into Friday’s opening. The decision was entirely based off Gold reaching a 5 decade target coupled with the end of Dawali buyers. Yesterday I looked at buying some … Continue reading →

Going through your progressions. Silver is a great example which Frank and I went over in the room yesterday. The discussion revolved around cash or futures in the metals when searching for a reasonable trailing stop. Cash Silver would require … Continue reading →

Just a couple of observations; Spoos keep closing above the qtrly pivot. Bitcoin held its 200 DMA Friday as the internet was calling for the end. This is the only level needed for downside closing risk management at this time. … Continue reading →

I’ve placed all the charts that didn’t render in yesterday’s YouTube. Bitcoin hit its 200 DMA and bounced. Looking at Gold/Bitcoin I want nothing to do with it. It has the potential to go back to its opening range which … Continue reading →

Spoo has done nothing but give you trade after trade for 40-50 points off the qtrly pivot. As long as the qtrly pivot keeps holding on a closing basis the elevator is up. My focus has been on the hard … Continue reading →

Yesterday I added back the Silver and Gold that I’d trimmed on there initial running of the Silver stops and topped it off with another bit just for good measure. Room members are long URA, which has an eventual destiny … Continue reading →

There was a great Reuters article about the Silver squeeze in India going into Diwali, which is the 21st. Robert brought up Gold/Copper yesterday. The last occurrences at these levels led to Equity sell offs. Bitcoin came close to a … Continue reading →