Alan Greene @humphca
Participating in the Process of Bringing the Good into Being 🌈💀 Joined November 2009-
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@redpillswork In a thousand years..... This is how the story will be told...... 🫡 Merica
@nothing_z3n So it is spoken, so shall it be done.
It's hot, what should I do this weekend?
@KingKong9888 Holidays are so difficult to decipher when the markets open and close.... So often kitco gets it wrong. Even grok has trouble sometimes...
@Sorenthek Ive come to believe that the concentration of way out of the money calls in gold futures, quite simply put, is BAIT. Its a trade thats going to look irresistible for somebody to try to blow it up... Which direction will be the most tempting... 🤷♂️ But who's laying the BAIT?
@BankerWeimar My state has no mandatory old age test...... Barely has one to get a learners permit.
Silver 🥈 — $58.51 quarterly close — new quarterly candle has begun 👀 Notable that the Q2 candle, as bearish as it looks, retested the 1980-2011 monthly line chart breakout line and didn’t go below it — which isn’t nothing. My bias thinks staying above the breakout line and forming an accumulation pattern here in the $56-$60 range for a while would be a good sign. If it does go below the monthly breakout line hopefully it would be for no more than a couple weeks or months at most so it’s just a wick on the Q3 candle and the quarterly line chart doesn’t print below it. Just have to see how it goes. Daily RSI could be bullish at 31, weekly RSI still looks bearish at 39, monthly RSI looks bearish at 55, but the quarterly RSI is somehow still above its moving average — so that’s the convergence of contrary evidence to watch. Does the quarterly RSI find support here, or do the weekly/monthly RSIs drag the quarterly RSI down below its moving average? Not to blow too much hopium at y’all but the Q2 candle does suggest a swing to $66-$70 sometime in Q3, maybe in July based on the daily. Still buying, still doing nothing 🧘🏼♂️🥈 Not financial advice 🫡 I am a banana 🍌
From this weekend’s write-up 👇👇 “Optimistically, silver has also reached the levels it needed to in order to retest its 2025 breakout on the monthly line chart. That doesn’t mean that it’s going to reverse and make new all time highs immediately, but it does suggest that the
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