Posts by dustyheron5

It isn't just about his take—it's the hard data. Silver already hit its correction point way before gold did, leaving that $49.80 mark behind. Then you have to look at the gold-to-silver ratio, which sits at a bloated 58.6:1 right now—compared to the 11:1 ratio we typically see in actual production. It's a massive disconnect.

quiettrucker12 said:🙂 And all of this is happening despite the massive surge in the USD.

When I talk about the rally in metals, my primary focus is silver—I'm anticipating it could see roughly a 100% increase from current levels by the end of the year...

As for gold, I expect it to consolidate through November before staging a powerful move upward...

Of course, this is just my personal take.😉

Quincy:

crimsonranger38 The user states: Don't you dare count me out. 😍 Gold took another 2% hit today—another sharp move. 😍 Do you actually grasp the context surrounding this correction? 😍 Every time I step into this thread, I get the distinct feeling that I’ve wandered straight into a cult. 😍

As long as deflation remains the dominant theme—metals will continue to slide. There is just one catch—the longer and more brutal this deflationary period lasts, the more massive and devastating the inflation will be when it eventually hits.

I’m noticing that miners are holding their gains even though metals are trading in the red today—which suggests a reversal is imminent.
I fully expect the Federal Reserve and the Federal Reserve System to print another 20 trillion just to stop the entire system from collapsing...
I am genuinely curious to see how this all plays out. 😍Central banks versus the market—it’s the fundamental tug-of-war we're watching right now.

quiettrucker12 ... leverage is strictly for the bold 😍
I mentioned that BlackRock and United States Leveraged represent silver at 2x and 3x exposure—whether we're looking at a rally 😁 or a price drop 🙂

nimblepanther18 said:Could you provide some insight on which specific miners you believe offer the best profit potential?

If you are searching for a high-performing silver miner, here is my breakdown:
Wheaton Precious Metals—my personal pick, though perhaps not the one with the absolute highest ceiling
Silver standard mining sector stocks—a more conservative play
Great Panther—aggressive
Silvercorp—aggressive
First Majestic—in my opinion, the greatest profit potential

There are plenty of other options if you have the inclination to do the research.😉

In the event you prefer to act as a bold 😍 speculator, consider these:
AGQ silver ETF, 2x long (I picked this up yesterday)
USLV silver ETF, 3x long

It’s hard to imagine anyone selling metallurgy that cheap when they have so many printed cartridges sitting around...🤣

hollowmoose21 said:The old guard of gold price predictors (Sinclair and Armstrong) are officially on everyone's bad side. 😁

Armstrong:
Honestly, the amount of hate mail I get from certain gold bugs makes me wonder if people have lost their minds. Some of these fanatics absolutely despise anyone brave enough to suggest a market correction might actually happen. Seriously, GET A LIFE! All markets ebb and flow. If you’re looking for a cheerleader who only shouts "buy," go find someone else. You don't realize that treating the market like a cult won't just bankrupt you—it also scares away serious investors who don't want to be lumped in with the crazies.

Sinclair:
Now we've got a guy that the gold crowd practically rescued with thousands of letters, and he's back to trashing the commitment of gold investors.
In my book, he's dead wrong and basically shooting himself in the foot. I've known him since the 70s, and it looks like some things never change.
Loyalty and respect aren't exactly common traits for a lot of people. Don't sweat it, though—we aren't going anywhere.

Pure nonsense... you might as well add Ben and deception to the equation. 😉

Look, man—it’s pretty straightforward. If you're selling, they’ll offer you a bit under the market rate. But if you're buying, expect to pay a little north of it. And if you're just looking to offload some basic costume jewelry, just head over to the buyback office...🙂

quiettrucker12 said:This forum is currently in its third phase, though it doesn't really change anything 😍. I'm just going to sit tight and wait for the Dollar to hit 80.1 😁

Either the Dollar climbs past 80.1 or gold breaks 1800... right now, selling either my Dollars or my miners simply doesn't make sense 😍

neondriver5 said:What exactly are you looking for me to say here? "Don't do it"? Honestly, you'd be better off just buying some shares in JPMorgan Chase. 😁
If you're expecting to make a quick buck in the short term—say, within a year—then steer clear. You're coming in way too late to this party. What’s gone up, has gone up; at this stage, the volatility is just part of the routine.

Are you suggesting it would be smarter to pick up some 🤣Apple 😂 shares instead? 😂😂

Here you go.....

http://www.24hgold.com/english/home.aspx
http://www.silverseek.com/
http://www.321gold.com/

The scenario I’ve been dreading...

OMO&POMO in action...😉

OMO = open mouth operations😍POMO = permanent open market operations😍

Anthony Evans78 said:That’s exactly why I walked away from trading five years ago. 😉
Back then, you could still trade with some sense, but today? It’s nothing more than a glorified casino. 🙂

And to top it off, they basically hand you a revolver with five bullets already in the chamber... 😂

Anthony Evans78 said:Look, I’m not trying to be rude, but anyone can claim "it’s going up this much" or "it’s dropping that far."
What actually matters is that technical analysis is useless when you're dealing with the precious metals market. You might as well throw your charts out the window. What's the point of staring at old data and trying to predict the future based on what's already happened? It’s basically just reading tea leaves or pulling tarot cards. Especially in a low-volume, manipulated market like silver—where price action often has nothing to do with actual supply and demand. When you have millions of shorted ounces and massive margin hikes hitting the tape, how is a line on a graph supposed to help you?
Did you somehow know the correction was coming from $1,920 down to $1,520? Sorry, but I don't think anyone saw that coming, not even BlackRock or Ben Bernanke 🙂
If Ben Bernanke is so irrelevant, then why are they constantly suppressing the price? It’s hard to argue he doesn't matter when he serves as the ultimate indicator for a dying dollar and the inevitable burst of the massive US Treasury bubble.

Everything you're saying holds water, but look, our friend 😍 Zippy is just applying his own expertise... you can't really fault him for that...
It’s easy for us to talk big when we're just buying physical metal—you wrap it up, tuck it away, and forget where you put it... but actively trading on these massive, volatile global exchanges isn't exactly a walk in the park...🤣

And regarding the market itself—it isn't just silver being manipulated; absolutely everything is subject to play... from the smallest commodity to major industrial assets...😂

quiettrucker12, let your colleague be😉.......a decent trader knows they have to pivot😍 when the market landscape shifts.....

Right now, it’s a toss-up whether PM stocks and spot prices will keep climbing.....because if Goldman Sachs decides to pull equity back into a correction......PM prices are going down with them......

But we'll see 🤣

Once Plan B is settled, it's time to start prepping for the Triple S strategy........😬

John Paulson is selling—while George Soros is buying (though he did exit at $1,450 previously)..............

Tracking hedge fund purchases and sales of SPY is like relying on a single thermometer to predict the global climate. It could give you a decent reading, but it’s just as likely to miss the broader trend entirely.

wearygull4 said:@ Goldman Sachs & Co. & Anthony Evans78
While you both seem reasonably informed on current economic trends, your comments regarding Warren Buffett have cost you significant credibility.
The ultimate failure in decision-making is seeking out only the data that reinforces our existing biases.
I’ve read several books on the man and am just finishing "Snowball," his biography. To label this financial genius an insider trader only proves how little you actually understand him.

Look, we all have our disappointments—it doesn't matter to me whether someone is an insider or not—but when I read Warren Buffett claiming this is a class war where his class comes out on top (all while asking Obama to tax him more than his own secretary), it’s frankly nauseating. 🧐

Naturally, it makes me think his entire philosophy is just garbage designed to fleece the average person. 😬

Imagine this: the man is dismissive of gold—which has provided incredible returns in the USA over the last 11 years—and instead pushes stocks that leave the common person deep in the red... it's honestly appalling. 🙂

Anthony Evans78 said:Even a monkey would be wealthy if they had access to the kind of information and connections he did.

not to mention his congressman father...😂

Felix Zulauf: Why you need to Own Physical Gold

I trust Felix more than I trust Buffett—and frankly, Buffett is a rogue for claiming this is a class struggle where his side always comes out on top. Once an old man starts making declarations like that, there isn't much left to say...

http://www.financialsense.com/financ...-physical-gold