Brian Goodner @BrianGoodner
Bolts fan, Suns fan, Movie/TV series fan, and a fan of my dog. Joined March 2009-
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@fthegurus Sounds reasonable, but I think if it gets to $64-$65 it would likely be in after hours when volume is low and the banks are spoofing it to close out shorts, which increases price. This has been happening for months. Even the wick down to $61 at night, it closed over $69 that day.
@baldguymoney In the 1970s the stock market went sideways (many down big) and Gold was in a huge bull market
@jimstewartson These asian markets are reacting to our Friday. They were closed then.
@TheApeOfGoldST It's hard to know. Israel has to cooperate. If they'd stop bombing Lebanon, we'd probably have one.
@baldguymoney @ColonelHill You should be playing with your dog anyway! I just lost mine. Enjoy every minute!
@StackSmarter Very likely not. Maybe overnight, but likely back up in high $60s by open
@CuriousMacroX Yes, it really needs to claim $74 for upside resumption. However, I think it likely holds at $67 on closes, and like $69. I do think it might drop tonight, as Bullion banks spoof price lower to try and close more shorts, but I imagine it comes up a bit from any overnight wicks.
@Caylinlive Praise Jesus! Oops, I mean Caylin.
@Highgrade_res If it gets down to $60 or below it would likely just be an overnight wick. In March it went to $61 overnight for a few hours & closed that day at $69. Also, Remember the last time Silver touched the 200dma, was April during liberation day with tarrifs? What did it do after that?
@nicrypto Only the cult following. I don't think anyone new is coming into that market.
@TheSphinxRocks @BroadLuis If it gets down to $60 or below it would likely just be an overnight wick. In March it went to $61 overnight for a few hours & closed that day at $69. Also, Remember the last time Silver touched the 200dma, was April during liberation day with tarrifs? What did it do after that?
@KA_charts Absurdity. Remember the last time Silver touched the 200dma, was April during liberation day with tarrifs? What did it do after that?
@TheApeOfGoldST Remember the last time Silver touched the 200dma, was April during liberation day with tarrifs? What did it do after that?
@silver207141 Remember the last time Silver touched the 200dma, was April during liberation day with tarrifs? What did it do after that?
@OGJohnAG Will you be posting another one any time soon? Love to see one. I see Silver broke your bull thesis closing below the $72.7 level. Can the bullion banks push it lower? It seems any time it drops below $67 late at night, shorts are covered and it pushes back up to the high $60s
@hajiyev_rashad Depends on whether the bullion banks are able to push it below the 200DMA tonight or tomorrow, to flush out the last weak hands. But if they do I suspect they will close out massive short positions down there and push it back up. It's all about the Comex trading, not charts.
@VaultReportData @TheSphinxRocks Oh, I agree. When the bullion banks let this run, it will find true price discovery and I expect it to at least get to 30-1 and likely lower, probably 15-1. Or lower given it comes out of the ground at a ratio of 7-1.
@thesilverhermit short positions in minutes. If it goes to low $60s or even $50s it would be for no longer than hours in overnight trading, and would never stay down there for any meaningful time. Like when it dropped to $61 in March overnight and closed above $69.
@thesilverhermit The Managed Money traders on Comex are unwilling to give up positions below $67, and the vast majority below $74. The only way it goes down to your price targets there is if one or two traders capitulate at night and it would prices that low would cause the Bullion banks to cover
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