Local silver talk...from an article on ZH a mo
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(Total Views: 102)
Posted On: 11/26/2024 4:12:29 PM
Local silver talk...from an article on ZH a month ago. Some interesting info:
1 month ago
Yields on mortgages and treasuries have gone up since powell's rate cut.
Bank balance sheets / debt portfolios are getting rekt.
Got silver?
1 month ago
Or it just topped out in a blow off and is about to correct to the long term trend around 23.
1 month ago
(Edited)
Yes, I've watched and dabbled in this metal since early 2000s when it was $6 an ounce. I've seen it double and halve more times than I care to recount at the moment. All I know is that these are not the times to buy. Simply do the opposite of what "the buzz" here says to do and you'll come out ahead most of the time. Once the "Oh, look what silver's doing" articles hit it's time to start unloading some positions.
1 month ago
How's that gold sell off working for you?
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