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

Either up or down? I thought PMs were in a downtrend and significantly lower prices were definitely coming. Are you now saying that the downtrend could actually reverse (meaning that now might actually be the time to buy, buy, buy instead of sells, sell, sell)?

Buy when you're comfortable with price not when some person on the internet tells you to or not to. It's your money and risk/reward, not theirs.

Indeedy they do, including trends, and what matters is how quickly one realises and takes the requisite action. No-one can say for certain that the time to buy wasn't actually last week or that it might be in five years time or never. Anyone who thinks they are always on the money is delusional and that includes TA.

Norm

The metals are in a downtrend, nothing has changed. This will be a long drawn out event, finding out if the metals have stopped falling and then, whether they will just chop around and do nothing or return to their glory days.

However, at this stage, we should not be surprised by continued retracements in price. We could see gold and silver fill their respective gaps. That would not be a surprise. We could then find them to fall down again. This constant up and down will build to a point, where in price, the range is broken eventually, with authority. Again, this is not going to be a 1-2-3 and we are off to the races.

The bottomline is by paying attention to price and volume, you can know where to buy, where not to buy. Obviously everyone whos been buying every single dip has been wrong. Why? because their investment, their purchases are underwater. The market is telling you that you were wrong for buying.

Those who use and concentrate on using technicals are in the superior position over those who blindly buy or sell because they "think its a great investment". I know I am right and will ALWAYS be right by the market for listening to it, not by giving my opinion and blindly sticking to something because it "HAS" to be that way.

So again to recap- we continue in a downtrend. Nothing has changed. Follow my posts and you will understand whats going on, dont lose focus. Cut out the noise and your biases and listen to the price action.

Again, we want to see gold and silver fill their gaps.
They both havent been able to,, gold came close to it but failed right to the penny. Same with Silver. Untill those gaps are completely closed we arent going anywhere for starters.

What did Bill Clinton say?, something like "IT'S THE ECONOMY STUPID!

This current market is pro FED/PARASITIC and will rip every dollar it can from "your" future plans.

Listening to the tape is what pays. those are technicals,,and besides, I have been right, proved right by the market and you have been wrong and anyone else who blindly buys every dip,,, what else matters :)

If you don't like what I say, the solution is simple, don't read what I say. I will say this tho, the price action is never wrong... and clearly all of the dip buyers, every single one of you, is underwater, which says your method of buying doesn't work. :D

As I told you before, what matters to me is that the market proves me right, that's all.

Why are you so defensive that you write long novels? If it doesn't apply to you then why respond, tho I do think you are underwater and you will continue to be but that's just my opinion :)

You are "underwater" as soon as you make a PM purchase because of markup/shipping etc, Personally I would rather be a bit underwater with PM then alot underwater with paper.