To The Moon

‌ 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.

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.

$ProShares Ultra Silver(AGQ)$  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.

If the truce holds, and sentiments continue To stay positive, likely we will see AGQ go back to early April level of $130 plus.

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. 

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.

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.