from Silver Doctors:
SD Outlook: The near-term sure does look bearish for gold & silver heading into the week, which is exactly the reason it’s called an “upside surprise”…
The dog-n-pony show that is the trade war will need to share the stage this week.
The Fed playing make-believe with the “markets”:
Monday and Tuesday are just the warm-ups.
In preparation for the Kashkari Soliloquy, followed by the Friday Finale:
Throw in a few economic
lies statistics for good measure, and we see?
Quite possibly a new all-time record high in the stock market.
So that everything is just hitting in hyper-efficient stride.
From the awesomeness of JOBS, JOBS, JOBS!
To the firm, “tough love” on trade negotiations.
To the World’s Police Man, saving the day.
That’s right, but know one little thing.
It’s called a “peak” for a reason.
We’ve gone over Peak Trump.
So with this “sucker’s rally”.
Of confidence in Trump.
A peak within a peak.
But ending soon.
Such ugliness in the “technicals” of gold & silver, isn’t there?
It can be seen in the gold-to-silver ratio:
If the ratio gets to 90, that would be a “back-up-the-truck” moment for those stackers positioning for the gold-to-silver ratio arbitrage, but I do think the ratio is rolling over, and I say that with the caveat that it sure does look like we’re overdue for one of those massive spiking-black candles of cartel blunt-force brutality.
The overnight “pressure” on gold & silver did not come with strength in the dollar:
So either the dollar is going to drop, the dollar is going to pop, or gold & silver are going to reverse (as in rise), but they sure have set silver up for the bottom to fall out, haven’t they?
Dang straight I’m sweatin’ bullets on my “silver has bottomed at $14.57” call:
If the mid-$14.50’s do not hold, then the bottom could very well fall out of the silver price, but, and this is important – I don’t think price will fall for long, and I don’t think price will fall all that much lower, so stackers looking to snipe the best possible price to buy real, physical silver need to already be in a neutral, concealed position, have their breathing under control, and be ready to pull the trigger when the target comes into sight.