$XAG/USD(XAGUSD.FOREX)$ Gulf talks gaining pace. Both sides needs to end this stupidity really fast. So too the Gulf states as well as the rest of the world. Precious metals will be resuming their business-as-usual movement, which is talking AI and Chips, etc. Silver will be the main metal to benefit from this.
Very impressive recovery seen over the last week. A bit of yo-yo at the start but now settling in to a super-bullish phase. We may again see some volatilty but for the longer term holders, just key view on the megatrend. Silver is a precious metal that has universal indistrial applications. The AI and Quantum theme that is driving the Tech boom now needs Silver, along with rare earth. Even clean energy industries like EV and Renewable energies needs Silver. Put all these together, do not be surprised that Silver will get back about $120 again. Watch this space.
Both sides needs a win. And they need thisvery costly war to end. We may see a formal peace agreement happen by the end of the month. It was very foolish of Trump to think he could finish Iran off easily. Even more of a fool to have been played by Netanyahu as he had been.
Iranian Foreign Ministry: Iran and the United States Differ on Two or Three Key Issues
Silver and Gold Trading Pattern Detection I expect some retracement coming next week. The truce news lead to a one day super rally which promptly corrected down before the dayeneded. But it was still a nice day run. The next day we saw some up again with the scare about truce being violated not getting worst. But it will now be BAU. Expect profit taking and sense of caution to get in again next week.
I am long term long on Silver. But please do not mistake this to mean I am saying it will be a straight up all the way. The situation is still very volatile and short term traders, including big whales, are trading up and down at a very fast pace. After today's spectacular run up, I expect some retracement coming from profit takers squaring before the weekend. This would be the smart thing to do as Tacos Trump may make more trades and issue wild destroy-the-world statements. Somebody in the US government should grow soms balls and conduct an investigation into Trump and his cronies on their trafing patterns. For now, I am going to safe mode temporarily.
Stock Track | ProShares Ultra Silver Soars 5.06% Intraday on Safe-Haven Demand and Weaker Dollar
$ProShares Ultra Silver(AGQ)$ Stay vested if you believe in long term of precious metals. Silver is a highly played metal which has teally dynamic price movements. And this is wht speculators like. For day traders, you may play according to news and sentiments. But this is also high risks as most people can't time the markets accurately, most of the time. However, at the end of the day, remember the world has always gone back to gold, and silver. Their value never diminishes. And especially for silver, there is a real demand versus supply issue. There are not enough silver being mined to feed the needs of the tech industry. Especially with AI now being the new unicorn.
Israel bombs Lebanon. Benjamin Netanyahu does not want peace. It is the war that has been keeping him in power. He was on the way out when Hamas conducted the inhuman attack on Israel. Some have even suggested that some hardline right wing Israelies maniputed Hamas into making this attack. Trump is being played by Netanyahu.
Once again. The same old same old. One monent bomb Iran to the stone age. After he finished shorting, and starts buying, he is believing a deal with Iran by Monday. Clearly, Monday will see a strong market opening. That's how the sheeps will behave.
Trump Says He Believes He Can Get A Deal With Iran By Monday, Iran Negotiating Now - Fox News Interview
Watching recent patterns from Trump's pronouncements, market may go down initially tomorrow but will end up before the end of the day. Perhaps even after the first hour. This is because Trump would have shorted on Thursday and will probably be buying after Monday early hours.
Trump Warns Iran It Has 48 Hours Left as Airman Remains Missing
Taco-Bell Trump has cried wolf too many times. The world should just ignore him. He was probably shorting the markets. Teach him a lesson by buying up on Monday.
Trump Threatens to Strike Iran's Bridges and Electric Power Plants
$ProShares Ultra Silver(AGQ)$ Not bad day's performance. At premarket, it was really scary and a low below $100 was touched. When trading started, a spectacular recovery was noted at opening hitting $112 + before ending around $110+. Now let's see where Monday leads us. Very likely we will see $120+ next week. Silver is the new Gold.
$ProShares Ultra Silver(AGQ)$ Taco-bell Trump is messing the global market massively. Never before in history has one single person's irrational and irresponsible behaviour done so much damage. But when the dust settles, and calm returns, the retail investors will be rushing to pick up gems that are being discarded. However, in today's sophisticated market, the big players are manipulating the situation and have already been reaping those gems. I am specially see this with Silver. Almost daily, during the overnight blueocean market, Silver stocks plunge. But again almost daily when the actual market reopens, we see the proces shoots higher. The big players can do this easily because the overnight market has low liquidit
$ProShares Ultra Silver(AGQ)$ Strange patterns have been seen these past few weeks. Silver stocks price collapses at overnight trading times, only to reverse spectacularly at market open. Today we are seeing this again and if the pattern repeats, we may be facing an opportunity. A GOLDEN opportunity, dare I say. But even disregarding day-trading patterns, Silver is a rare commodity that is in great demand by many industries. Particularly the electronic industries where the AI naratives have been fueling the record bull runs. So, whether you are a day-trader or a long term investor, I would put money in Silver. Especialy now before the market opens today......
$Strategy(MSTR)$ Bitcoin is really weak. Trend is still clearly negative and looking to fall further. MRTC will likely be testing 52 week low of $104 soon. All hell breaks lose when this happens.
$Strategy(MSTR)$ This counter is in serious trouble. Michael Saylor keeps raising debts and obligations to fund the purchase of Bitcoin and all that has not helped lift the prices of Bitcoin. Unless we see a spectacular Bitcoin rally, MSTR and all it's other creative instruments like STRC, will break. When it does, the slide down will have no buyers. Only sellers dumping into a markey where only Tom Lee and the few MSTR prophets will be left. And to be sure. Even they will not be there to buy.
//@Guavaxf3006:Perfect Silver trading opportunity. Pattern is very clear. First pre-market fears will se proces correct down. Then just before market opens, as well as early in trading session, it will rise. After this, depending on news from Trump or Iran, it may drop again. Rinse and repeat. Good opportunity to ride the waves.
Strait of Hormuz Developments Trigger Market Volatility: Trump Issues Warning, Gold and Silver Surge