Community post
Interest rate go up so does silver
Steemers- Hope everyone made a quick buck with silver today. Was a good time to buy some ETFs, but make sure you are also buying the physical or the long run. Keep buying cryptos as well. Happy hunting.
Replies (4)
Anyone who bought the open is only down .04 right now. But yes.."hope" springs eternal. :-)
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=slv&x=40&y=24&time=18&startdate=1%2F4%2F1999&enddate=6%2F12%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Major chachingo going to be made shorting the market either slightly before or slightly after the Fed announcement tho. I'm currently playing IWM long to the top and will post my short trade when I close that long out. "Expecting" a 100% 1 day gain in my IWM long...which will look like peanuts compared to what the short will generate.
Stack the coins up! Buy junk for the best value.
True, if you got into silver though when I mentioned it with my last post, you would be up .25ish. But more than trying to make a quick buck, keep for the long.
Well, it isn't going anywhere cept lower here soon. I wouldn't even consider a buy unless SLV breaks below 15.56 personally. Longer term it goes ALOT lower.