ZERO HEDGE 11 hours ago They put everything th
Post# of 123334
(Total Views: 141)
Posted On: 06/15/2022 5:24:38 AM
Re: Steel Reserve #85033
ZERO HEDGE
11 hours ago
They put everything they had into defending 3700 today.
But it's basically an air pocket down to 3500.
11 hours ago
(Edited)
Metals smashed again.
Silver down 24% in a year of the highest inflation ever? Hmmmm
11 hours ago
(Edited)
the metals baby gets thrown out with the bath water (margin calls) . . when everyone realizes the Fed cant/wont stop inflation, that's when the metals go Unafordium and Unobtainium.
11 hours ago
BTFD! But only in quantities of above $1500 if you live in CA or else you have to pay sales tax... on money. FFS...
Premium
11 hours ago
(Edited)
^^^^^^ This. Same stuff happened back in 2020, metals got sold off along with everything else (margin call panic for liquidity). Then we had Ackman's famous wink to the FED and it was off to the races. Only options the US has to float the massive debt is inflation or default. Notice the entire time the CBs all kept backing up the truck on metals.
11 hours ago
For some of us it is good news. I'm not looking to sell, nor I need to be vindicated right now.
I'm patient and I keep buying.
11 hours ago
Takeaction, I warn you a month ago that when the market crash gold silver and miners will crash first. But don't worry they will recover first fast and furious. Just average down.
Let me break the news for the joker that thing the bottom will be after summer it ain't going to happen. This market is headed to 15k I said it all along.
With that said I'm prepared for a rip off rally by the end of this week. Could happen tomorrow after the criminals announcement
11 hours ago
They put everything they had into defending 3700 today.
But it's basically an air pocket down to 3500.
11 hours ago
(Edited)
Metals smashed again.
Silver down 24% in a year of the highest inflation ever? Hmmmm
11 hours ago
(Edited)
the metals baby gets thrown out with the bath water (margin calls) . . when everyone realizes the Fed cant/wont stop inflation, that's when the metals go Unafordium and Unobtainium.
11 hours ago
BTFD! But only in quantities of above $1500 if you live in CA or else you have to pay sales tax... on money. FFS...
Premium
11 hours ago
(Edited)
^^^^^^ This. Same stuff happened back in 2020, metals got sold off along with everything else (margin call panic for liquidity). Then we had Ackman's famous wink to the FED and it was off to the races. Only options the US has to float the massive debt is inflation or default. Notice the entire time the CBs all kept backing up the truck on metals.
11 hours ago
For some of us it is good news. I'm not looking to sell, nor I need to be vindicated right now.
I'm patient and I keep buying.
11 hours ago
Takeaction, I warn you a month ago that when the market crash gold silver and miners will crash first. But don't worry they will recover first fast and furious. Just average down.
Let me break the news for the joker that thing the bottom will be after summer it ain't going to happen. This market is headed to 15k I said it all along.
With that said I'm prepared for a rip off rally by the end of this week. Could happen tomorrow after the criminals announcement
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