The Gold & Silver "Sale" Is About To End. By Gregory Mannarino
Over the past several days we have seen the US dollar trade higher however, I believe this trend is about to change.
Because of the fact that I believe that the dollar is soon going to resume is downward trajectory, we can also expect the recent sell-off with regard to gold and silver to also end.
What this means to me, is this "sale" going on right now with regard to the price of gold and silver will soon be over.
Time to add to our physical holdings.
Gregory Mannarino TradersChoice.net Click here: https://www.traderschoice.net/
I think we will see a drop by end of the year, but going into 2018 it will skyrocket. I see Trump losing his job very soon which will the fireworks go off.
President Trump will go down in History as one of our most loved Presidents...
@pocketechange
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It won't happen for quite some time yet. Why? Because silver is on sale at anything below $30 while mining costs continue to average $22. If oil starts to rise again, revise that figure to $40+
Been hearing this shit for a looooooong time but I've really enjoyed the sale! Of course at some point "real" money will have it's day and all else will be trash.
I like the way you said "Real" Money...
I'm hoping you meant Pocket Change...
@pocketechange
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Greg was suggesting you buy last week at the high for this recent rally. Things have only pulled back about 10% off that high. Go ahead...keep buying the pullback when Greg says to. Not sure which is worse....buying the high (like Greg told you kittens to do) or averaging down into a pullback that hasn't even started yet. Either way...Greg will get you kilt. Spekkin of that...got bitcoin? :O
I hope so. it's been going on for the first half of this decade. One thing I hope smart bitcoiners did was get some profits out when it was in the 4400 - 4800 range. A great resource is purse.io. You can buy gold and silver for bitcoin there.
Greg was still pumping BTC at $4500+...so if you in fact were selling as he was saying buy then you will far outperform the SPX if you just keep doing opposite of what Greg says. :-)
I don't think folks realize how valuable silver is and it is at an all time low.... but not for long. I swing by a coin store every month to grab a few Morgans. The price went up from $20 to $25 last week.
Well, Greg and his kittens are certainly "misled." Greg's kittens are misled by Greg actually. He has no idear of value. Can't wait for him to post a long trade in teh Q's come Wed or Th. If you see that and follow him into that trade then get ready to get your ass shredded even worse than if you bought BTC at $4500 on that lame ass call of his. You'll get silver at a new 52 week low before the end of Rocktober in all likelihood. Keep ave doooown into oblivion.
This coming from the guy calling every week for the past 1 and 3/4 years about the coming crash....where are we now??? FULL BLOWN RAGING RALLY ALL TIME HIGHS EVERYWHERE!!!! You are the king of fools Joey!
Yeah joey, everyone else is making bad calls but you right? Your the biggest fraud of em all!
Didn't even have to wait until Wed. Greg just "suggested" a long (and wrong!) in AAPL!! :O Greg "Maalox" Mannarino...America's GRRREATEST reverse indicator. :-)
Its just a matter of time. In the meantime keep stacking.
Thanks for the info.
A great post @marketreport.
Nice
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You are a champion.
You forgot to add >>>"...but crap, Greg! Your calls last week to horde gold, silver, and cryptos sure was off by an ass whoopin...specially the cryptos." :O
no worse than your crap calls joe
Joe did your single wide survive the storms? You at the library using their computer to post now?
Thanks for the info