What Happens To Gold And Silver Next? Look Out Below?

Thanks, maybe I'll add up to 40% in PM since I like it better than stock market anyways.

These are numbers I have on some poured bars. Was hoping one had old meaning to you.

@yup

When you say trend you're referring to a pattern that you can "somewhat" predict. For ex. Silver 2011 was in the $40s spot range now it's down in the teens. Would that suffice as a down hill trend to you to get onboard?

I see earlier you referenced sugar. Do you generally find commodities that have these trends and research how the world economy is effecting these trends. For ex. Sugar cane growers experience droughts making the supply/demand trend upwards.

I just picked up the Livermore book, as well. Looks like some good in-flight reading material.

Readding the Livermore book...have to admit, wish I had it 1.5 years ago, anyway, it is hopefully going to help me a lot. The fundamentals and items in italics will be written on large sheets of paper to hang above my trading screen. I am going to apply the basic rules to dabbling with BIO stocks. I know YUP worked them when that was where the action was, and did well. Seems the dust may have settled on the indusrty as a whole, and, some undervalued stocks beaten down could be a good long term buy. I have started a new BIO watchlist to develop my skils, and start keeping notes, as Livermore did.
As far as mouthing off, I'm done promoting anything. I have a tendency to get over-excited and boast about big winners, when the hidden human motivation is "Look at Me, I'm a winner", and, a hidden agenda of hoping more shares will sell, making the price go up. If the stock I have is a true winner, it needs no promotion. Lying by ommission and not telling you all the money I LOST funds on and just promoting my winners does no good at all, so, from here on out, I will practice these principles in all my affairs, as they say in my Bill W. "club".
As far as Bullion, bottom line, it's just a darn exciting time to be in, after years of decline. My accounts are down about 10-15% from last weeks highs, not worried and holding, and, virtually done tweaking my basket of miners, a mix of top tier, mid tier, Jrs., and explorers. The next leg up when it happens, will probably convince the sideline sitters to get in, and really make a strong higher base.

Funny, if I ran into one of my brothers, the "conservative" type, I would NOT tell him where myour late Mom's money is(95% miners)..he would just think I was insane...my other brother is one of those "passive" Charles Schwab types, who gets real nervous talking about money, potential losses in equites, or, whatever "smart portfolio" they have his funds in, and, always says "They know what their doing"..I do tell him about my physical gold and silver, and, he says if I do well, I'll be able to support him in his old age! Sure, why not share the wealth!
I tried 1 of those portfolios...it sucked..like,up 0.18 for the day, while I could see and read about sectors going bannanas...so, I decided to take matters into my own hands with the miners..so, I'll either do well, or, if I'm lucky, quite well...or..go down swinging. I believe in investing with confidence, and no regrets. Regrets killed me in the past..."coulda-shoulda-woulda" plays no part..we have today, and, todays' numbers and trends and price action to study..THATS IT. I don't want to get "greedy"..I'll be fine to take whatever profits, and be happy....WHEN the tops are in, and when to sell will need a lot of reading...and, listening to YUP...but, that's later...not today.

PS. Have become a speculator instead of an investor.

I have a questuin for YUP..Livermore suggests "taking profits when I've made 100%)...my first reaction was fear..fear of losing out on MORE profits. Let's say I put $1,000 into a miner. It's now at $2,000. I am curious IF it IS a good idea to draw out 10%, or 20% profits, and, let the rest of the shares carry the load until the end.?
I've just skimmed the book, and, read 4 chapters...it will take at least 3-5 complete re-readings, and, writing notes before I can memorize and retain the Livermore plan.
My other burning question is how in God's name(or, whatever people say these days!), does one know when an opportunity exists, and, knowing when to make that first entry. I do believe in contrarian investing.
Yes, I got into the miners too early last summer...all I saw was red for well-over 4 months, and, even into very early Jan-2016, had huge losses. It basically ALL changed in a VERY short time frame, with 1 day gold went up I believe $60+ dollars, forming a new base. The rest is history.
I know markets tend to repeat them selves(according to Livermore, ONLY due to Human Conditions).
This will take time..there is no "quick fix" here. Discipline will be of utmost need. Power to control emotions, and, stick with a pre-made entry-exit plan.
1.5 hours away from a new week in spot starting...it's going to be really interesting to see what the dollar does, and how the asst. metals react. Seems OTHER metals may be of interest, like Copper, Zinc, don't know about rare-earth metals, except they MAY be something to look into after a hard 1 year drop.
Brexit--China--Debt--War--Bitcoin--Politics---Negative Interest Rates--the list is endless as far as "risk aversion" needs.
My "bet" is more buyers than sellers this week.

Got the Livermore Book off Amazon..2001 version..original was 1940~