The GameStop fun reminds me of the good old days when maxkeiser championed the
βCrash JP Morgan, Buy Silverβ campaign.
It worked for a while driving Silver from ~$15 to >$50, Squeezing $JPM shorts but then JPM just magic'd more naked shorts on $SLV and eventually flattened the curve.
Anyone else remember those days?
βCrash JP Morgan, Buy Silverβ campaign.
It worked for a while driving Silver from ~$15 to >$50, Squeezing $JPM shorts but then JPM just magic'd more naked shorts on $SLV and eventually flattened the curve.
Anyone else remember those days?
I finally got around to reading the amazing analysis from Midas touch on PM
https://www.midastouch-consulting.com/precious-metals-analysis-29012021-gold-so-far-a-higher-low
https://www.midastouch-consulting.com/precious-metals-analysis-29012021-gold-so-far-a-higher-low
Cryptocurrency | Gold Analytics β MIDAS TOUCH Consulting
January 29th 2020, Gold - So Far A Higher Low!
January 29th 2020, Gold - So Far A Higher Low! #Gold #Silver #Metals #SLV #SIL #SILJ #GLD #GDX #GDXJ #bullmarket #patience #buythedip
We just launched ETH gold & silver OTC trading and a GOLD/ETH order book. What pairs would you like to see next, leave a comment.
Stuff weβve added today
- you can now officially use your camera to take a pic of your ID
- the users can now see their country in their settings
Stuff weβve fixed today
- Silver volume will now show on the audit page
- Eth will now show on the audit page
- Silver and eth can now be downloaded in the history
- Customer verification issues now resolved
Stuff that can go live later today
- BTCETH trading pair with Negative trading fees
Please note, some of these features are still currently deploying
- you can now officially use your camera to take a pic of your ID
- the users can now see their country in their settings
Stuff weβve fixed today
- Silver volume will now show on the audit page
- Eth will now show on the audit page
- Silver and eth can now be downloaded in the history
- Customer verification issues now resolved
Stuff that can go live later today
- BTCETH trading pair with Negative trading fees
Please note, some of these features are still currently deploying
The Silver pump was probably a false flag orchestrated by Wall Street whales to move money away from GME. It worked. Remember folks, JP Morgan and the like can print as many naked shorts as needed so they can keep going short all the way up and then win on the way down. It's the long term play that they can't deal with. Gold and Silver are long term plays, and they are a fantastic way to take crypto upsides and put them into something that will generally hold the value against inflation without too many black swans waiting in the wings. There is evidence that silver is being held down, and you can check out the outstanding research done by GATA. In fact, JP Morgan was recently fined $1.26 billion for manipulating precious metals, treasury markets, so there is that. Never the less holding crypto gains in real physical assets is still an absolute winning option for many people that just don't want to touch fiat again. They donβt want to trust banks where accounts can be frozen, and inflation can take their savings or banks can fail altogether. Crypto and gold are the perfect exit tools. The perfect way to stick it to the man while also becoming and or staying wealthy.
Bitcoin seems to be trading within a bullish pennant. It wouldn't surprise me if BTC nudged up relatively soon.
What an amazing little bot. It has almost every book. Just type a key word or isbn and it will go get you the ePub . https://t.me/zlibrarybot
Bitcoin was able push past the 48K USD resistance mark to 49K
How bitcoin treats the 48K level now should tell us a fair bit. If bitcoin manages to hold and establish a new support floor at 48K then it could continue it's move up to the 50K phycological bar. The 50K level could be very hard to break through as humans love round numbers. Most will think they are clever and set sell orders just below at 49K - 49,500 to "beat the market" LOL. Never the less these round numbers can be pivot points.
We are seeing many people hedge this bet in bullion at the moment trying to stay in front of people trying to stay in front of the big 50K
Our Silver OTC desk is always more expensive over the weekend to cover any volatility and people are still buying so that is a strong indicator that 50K will continue to be resistance for a few more tests before breaking through.
How bitcoin treats the 48K level now should tell us a fair bit. If bitcoin manages to hold and establish a new support floor at 48K then it could continue it's move up to the 50K phycological bar. The 50K level could be very hard to break through as humans love round numbers. Most will think they are clever and set sell orders just below at 49K - 49,500 to "beat the market" LOL. Never the less these round numbers can be pivot points.
We are seeing many people hedge this bet in bullion at the moment trying to stay in front of people trying to stay in front of the big 50K
Our Silver OTC desk is always more expensive over the weekend to cover any volatility and people are still buying so that is a strong indicator that 50K will continue to be resistance for a few more tests before breaking through.
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Welcome to the year of the Bull!
How are you feeling about the market?
Anonymous Poll
12%
Way to hot, iβm taking all profits nowish
27%
Its very warm, im taking some profits
61%
Naa sheβs got a long way to go before the bears wake.
The 12% above are loving it; the 23% wish they bought more gold and silver, and the 65% keep hodling while beating their way through the onslaught of hungry bears.
After a solid bull run markets correct in one of two ways,
1: they correct by price, meaning we see a dump in the price
or
2: they correct by time, meaning the market just moves sideways in a boring tight pendulum for a while.
Now that we have had the dump I'm hoping to see a time based correction just bouncing between 51K and 46K for a couple of weeks. Time based corrections are fun to trade because they are fairly predictable shock wave type patterns.
1: they correct by price, meaning we see a dump in the price
or
2: they correct by time, meaning the market just moves sideways in a boring tight pendulum for a while.
Now that we have had the dump I'm hoping to see a time based correction just bouncing between 51K and 46K for a couple of weeks. Time based corrections are fun to trade because they are fairly predictable shock wave type patterns.
VAULTORO UPDATES THIS WEEK
π [BUG FIX] History is now sortable by time (SAFARI)
π [Security] Rate Limit API Key Generation
π [BUG FIX] Ethereum Gold Pair Euro Value now displaying in the order book
π[BUG FIX] Fixed that orders with 0 quantity are filled with 0 value trades
π [BUG FIX] Cancelled orders now do not create 0 value trades
π[VISUAL] Login screen directly appears now. no flashing of nil portfolio if not logged in
π[BACKEND] Add /v1/private/orders/{referenceId} endpoint for coinigy
π [BUG FIX] Ethereum order book was not refreshing
π [BUG FIX] Daily Balances did not show Ethereum
π[FEATURE RELEASE] Notification boxes can now show detailed posts
π [BACKEND FEATURE RELEASE] Internal Ledger (!) epic for accounting, statements and everything coming up.
We also restructured the entire blog and v-academy to be under the menu LEARN.
There are a heap of interesting articles that you can filter from beginner to advanced. About everything from DEFI, proof of work vs proof of stake and hundreds more.
If you have an idea for an article, please let us know.
π [BUG FIX] History is now sortable by time (SAFARI)
π [Security] Rate Limit API Key Generation
π [BUG FIX] Ethereum Gold Pair Euro Value now displaying in the order book
π[BUG FIX] Fixed that orders with 0 quantity are filled with 0 value trades
π [BUG FIX] Cancelled orders now do not create 0 value trades
π[VISUAL] Login screen directly appears now. no flashing of nil portfolio if not logged in
π[BACKEND] Add /v1/private/orders/{referenceId} endpoint for coinigy
π [BUG FIX] Ethereum order book was not refreshing
π [BUG FIX] Daily Balances did not show Ethereum
π[FEATURE RELEASE] Notification boxes can now show detailed posts
π [BACKEND FEATURE RELEASE] Internal Ledger (!) epic for accounting, statements and everything coming up.
We also restructured the entire blog and v-academy to be under the menu LEARN.
There are a heap of interesting articles that you can filter from beginner to advanced. About everything from DEFI, proof of work vs proof of stake and hundreds more.
If you have an idea for an article, please let us know.
Yesterday, Bitcoin pumped above the hourly ascending channel and set a new ATH at 61,500 USD. Now, it looks like BTC is retesting the upper limits and I wouldn't be surprised to see BTC set a new ATH if it manages to bounce. However, if the bears manage to push BTC under 59,500, I think it could retest the 56,000 - 58,000 buck range.
A must read, find out what is happening in the wider markets to make good choices in your niche investments.
https://www.midastouch-consulting.com/precious-metals-analysis-13032021-silver-next-attack-on-the-resistance
https://www.midastouch-consulting.com/precious-metals-analysis-13032021-silver-next-attack-on-the-resistance
Cryptocurrency | Gold Analytics β MIDAS TOUCH Consulting
March 13th 2020, Silver - Next attack on the resistance.
March 13th 2020, Silver - Next attack on the resistance. #Silver #Metals #SLV #SIL #SILJ #GLD #GDX #GDXJ #bullmarket