I'll need to see how we close tomorrow and how we close the week, but I think the odds are pretty good that metals have completed the intermediate cycle low and are starting the advancing phase of a new intermediate cycle.
$6000+ and maybe even $7000 gold during this leg. $150-$175 silver. (I'm assuming metals are back in the wall of worry phase now that we've had a true ICL decline.)
If metals are back in the wall of worry phase then we've got years to go still and we will stair step higher rather than a parabolic moon shot.
Weeks from now people that are convinced price can never go back up and will remain skeptical and unwilling to pull the trigger will be FOMOing in after letting many percentage points pass them by. It's always the same at every top and bottom. Human nature never changes. At bottoms no one wants to buy and at tops no one wants to sell. It's why so few people make long term sustainable gains in this business. That and they fail to grasp the fact that bull markets make higher highs. All long positions no matter how badly timed will be winning trades.
So let's see how we close tomorrow first. https://t.co/rXY3BYNxOV
@cizimsiz77 Yazdığınız rakama gelmesini Sanmam Oktay abi. Petrol ile altının korelasyonu petrolün yükselişinin bir noktasından itibaren altında primlenecektir.
@cizimsiz77 Oktay abi seni abone olarak beğeni ile takip ediyorum vede çok istifade ediyorum. Ancak maalesef bu sürecin ekonomik olarak kazananı Abd olacaktır, savaşı bilemem. Konuyu Isreal İran ve bölgesel olarak düşünmüyorum. Rusya, Çin global ölçekte düşünmek lazım. Trump rolünü güzel..
@TheBubbleBubble Hi jesse. Do you expect the current precious metals bull market to be driven primarily by the physical market, or will COMEX paper markets fully reflect it in screen prices as the cycle progresses?
@garysavage1 Gary, I’m trying to understand your positioning.On one hand you mention selling physical commodities, yet on the other you’re talking about a potential parabolic upside move.
Those two views seem inconsistent.
Am I missing something in your thesis?Could you clarify your strategy
Dünyadaki en ünlü yasalar:
1. Murphy Yasası:
• Bir şeyin olmasından ne kadar çok korkarsanız, gerçekleşme olasılığı o kadar artar.
2. Kidlin Yasası:
• Bir problemi açık ve net biçimde yazarsanız, onu yarı yarıya çözmüş olursunuz.
3. Gilbert Yasası:
• Bir görevi üstlendiğinizde, istenen sonuca ulaşmanın en iyi yollarını bulmak her zaman sizin sorumluluğunuzdur.
4. Wison Yasası:
• Bilgiye ve zekâya öncelik verirseniz, para gelmeye devam eder.
5. Falkland Yasası:
• Bir konuda karar vermek zorunda değilseniz, karar vermeyin.
@TheBubbleBubble Hi Jesse, I want to confirm something quickly. Do you use WhatsApp number for your communications? I’ve been corresponding with someone named Jesse via Substack and just want to make sure I’m speaking with the right person. Thanks for confirming.
@laplace2011 Devrim abi elinde fiziki olmayan, gram/kağıt gümüş pozisyonu olan için stok düşüşü fiyatı destekler mi, yoksa risk mi? Tutmak mı azaltmak mı daha mantıklı? Fiziki ile ekran fiyatı bir yerde birbirine yaklaşır mı?
@laplace2011 Yani gerçekten seni tebrik ediyorum Devrim abi. Bizim yabancılar ortadan kayboldu ama sen bu akşam nokta atışınla hemde süreci takip etmenle herkese yoldaş olmaya çalıştın.
Yes of course at some point silver will have a correction. But until gold reaches the target zone ($5300-$5500) then these will just be smaller daily cycle pullbacks. The kind that only last 4-8 days. Those should be bought.
In a short squeeze I have no earthly idea how to predict when one of those will begin. But don't panic when one occurs. Use it to increase your position.
The larger half 8 year cycle low correction should occur once this intermediate rally has run it's course. That absolutely has to be avoided as it will last at least a couple of months and could shave of 20-30% before bottoming. Silver could go from $100 back to $70-$75 during the half 8 year cycle low and gold could retrace back to $4700 from $5500.
For now though you need to keep buying dips when we get one.