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  • Breaking News: Who Really Controls Silver And Gold? [View article]
    Do remember the time decay with options. You probably know this already, but thought I would mention............. Most options die worthless because of the time decay.
    Apr 4 11:11 AM | Likes Like |Link to Comment
  • Silver Should Rally, But Can Then Drop As Low As $14 [View article]
    I read recently read (but right now cannot cite the source) that the US is #1 in health "care" costs, but #38 in quality.

    There is a doctor in Illinois (recently retired) that charged little for his services. I think like $20/office call and all his services were reasonable. He said that he was able to make a good living at it too. Reason? He did not accept any insurance. He only accepted cash/checks. Cutting out the BS made his health CARE truly affordable. This doctor was featured on 20/20 about a year ago, shortly after he retired.
    Apr 3 09:38 AM | 1 Like Like |Link to Comment
  • Gold higher amid Yellen testimony; eyes $1,300 [View news story]
    I kinda think all asset classes will go. S&P soon. And, because margin buying is at an all time high, when called, people will have to liquidate other assets to pay. Other assets? Yep, one of them will be PM's. Fed intervention or no.

    Disclaimer: Been wrong before and I am sure it won't be the last.....
    Feb 11 12:25 PM | Likes Like |Link to Comment
  • Who Cares If The Metals Are Manipulated!? [View article]

    A few months ago, Avi mentioned in one of his articles that it is very possible to see all asset classes decline at once. I am kind of seeing that setup.

    Like some here, I believe that the PM's are setting up for a new low. Look at equities, is it finally time? Oil is another that I believe can drop below the 87 region. Bonds? I just don't know enough about them and don't really follow them. But look at some of the other currencies in the world right now and tell me it is not possible to see strength returning to the dollar. (Again, I don't follow UUP or the currency pairs as much as equities and PM's).

    It is possible that the time is coming near to see if Avi's observations relating to all (most) asset classes will pan out.

    Yes, I do use EW and Fibonacci extensions/retracements in my analysis.
    Jan 25 10:56 AM | Likes Like |Link to Comment
  • The Coffee Shop Knows II [View article]
    Really, my coffee is getting cold................ c'mon back to shore and talk to us, Cap'n!
    Jan 17 10:53 AM | Likes Like |Link to Comment
  • Technician sees bottoming action in precious metals [View news story]
    I am still seeing it in a downtrend channel. Not saying it won't break that channel, but I am going to wait until I see more evidence of basing.
    Jan 7 11:43 AM | Likes Like |Link to Comment
  • Metals Setting Up To Kill Remaining And Newly Inaugurated Bulls In 2014 [View article]
    Thank you Avi and contributors for an interesting conversation this week. We saw a double bottom earlier last year and folks said that was the bottom. But that one cracked too and we had the big fall below 1500. I don't think double bottoms are near as useful as Fib and EW count.

    Also, don't have to stress over all the garbage spewed as "news" by the "media".

    Jan 6 09:52 AM | Likes Like |Link to Comment
  • Big Rally Or Big Decline Coming In The Metals? [View article]

    Makes total sense. I get it. After reading Elliott Wave Principle, reading your analysis, and my own practice calculations in gold and silver movements, I can see your calls.

    The "if it does this, then it has the potential to do this. If it does not but does this instead, then it can go to this level..." is understandable if one understands the nature of the markets is dynamic and not static.

    Thank you for your leadership.

    Dec 29 11:29 AM | Likes Like |Link to Comment
  • Do The Metals Have To Rally With Negative GOFO? [View article]

    In an earlier article you stated that you saw it possible for all asset classes to fall in unison. Do you still see that possibility? Is your suspicion based on all the asset classes in roughly the same Elliot Wave position, or do you see them all heading down but only coincidently (like, some in impulsive moves down while others in correction)? [Not sure if the question makes sense as I am not sure how to state it.] I believe the assets mentioned were PM's, equities, dollar, and oil.

    Thank you for your time.
    Nov 4 10:15 AM | Likes Like |Link to Comment
  • Do The Metals Have To Rally With Negative GOFO? [View article]
    Why do you guys say this week and by this much? You using technicals or what do you base your opinions on?

    Nov 4 09:32 AM | Likes Like |Link to Comment
  • Will The Metals Exceed Their September Highs? [View article]

    Does anyone else see negative divergence in the MACD on the hourly GLD chart from, say Oct 17th on? Or is the hourly chart not a good choice to look at MACD?

    I think GLD will drop in the near term, I just am not sure how it will look if it is "corrective" or "impulsive" for just this possible near term drop in price. More "clean" and "vertical" for an impulsive drop perhaps?

    Ideas? Thanks.

    Avi, another great article, and I know you are a busy man. Hence I am directing this to fellow traders and not you directly for an answer (but would not mind one from you!). Thank you for all of your efforts here, they are appreciated.
    Oct 28 09:55 AM | Likes Like |Link to Comment
  • Silver And Gold: Are New Lows Still In Store Even After Fed? [View article]

    Did you "throw the switch" at 2:40 am this morning? LOL Wasn't it a few articles ago that you alluded to being part of the "manipulation team"?
    Oct 17 09:25 AM | Likes Like |Link to Comment
  • Will Precious Metals Act As A 'Safe Haven' In The Impending S&P 500 Crash? [View article]
    News followers say PM prices will rocket if a solution is not reached in Washington; or decline if an agreement is reached and the default is avoided .......

    Consider the possibility that if there is no solution, holdings in paper metals may have to be liquidated to pay for margin calls - and PM prices will still fall. The level of buying on margin has risen to record levels.

    Avi's count works both ways - either default or not - and metals go down. Hmmm, does news really matter?

    Just a thought......
    Oct 14 10:48 AM | 2 Likes Like |Link to Comment
  • How Soon Will Gold And Silver Hit Their New Lows? [View article]
    "Of course, if the debt ceiling blows up this week the USD will get crushed and both gold and silver should, in theory, soar. "

    There also is the possibility that people's and institution's holdings in GLD may have to be liquidated to pay for their margin calls.

    The level of buying on margin has risen above the level of margin buying of 2007-2009 right now. That could affect precious metal paper holdings.

    Just a thought.............
    Oct 14 10:36 AM | Likes Like |Link to Comment
  • How Soon Will Gold And Silver Hit Their New Lows? [View article]
    Call your congressman? BWAHAHAHAHAHAHA!!!!

    They are too busy bickering like a bunch of 4th graders........

    Its not time to call them. It is time to stop paying them - maybe even recall them.
    Oct 7 10:46 AM | 1 Like Like |Link to Comment