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Wednesday, April 24, 2024

Silver Review

Courtesy of Read the Ticker.

silver-reviewThe folks in the federal reserve will debase the US dollar currency to an extreme degree silver will finally lift off the floor.. 



Note: Readers should re watch the silver back screen news video, here.



The following video looks at price action and Wyckoff logic.



More from RTT Tv












Chart in video



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Silver ETF






If gold moves, silver will trickle up on its back.



Paul Tudor Jones states he likes gold :



..”The best trade is going to be gold. If I have to pick my favorite for the next 12-24 months it probably would be gold. I think gold goes beyond $1,400… it goes to $1,700 rather quickly. It has everything going for it in a world where rates are conceivably going to zero in the United States.”…


The important take from the above is the messaging to the wider investor base that gold will be a likely choice for large funds, it will become the norm and not the exception. Gold is not a funny little yellow metal any more. 



Caution: A bullish gold move is subject to a strong spike in the US dollar which may result from a sudden equity market crash. 



More hard money fundamentals via Luke Gromen (Trade Ideas -  Real Vision Tv).












Ray Dalio talks weaker US dollar. 













Fundamentals are important, and so is market timing, here at readtheticker.com we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to secure better timing than most, after all these methods have been used successfully for 70+ years. To help you applying Richard Wyckoff and Richard Ney logic
a wealth of knowledge is available via our RTT Plus membership.





NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net



Investing Quote…



..”I believe that uncontrolled basic emotions are the true and deadly enemy of the speculator. That hope, fear, and greed is always present, these emotions sit on the edge of the psyche, waiting on the sidelines, waiting to jump into the action.”..



Jesse Livermore





…“People somehow think you must buy at the bottom and sell at the top to be successful in the market. That’s nonsense! The idea is to buy when the probability is greatest that the market is going to advance”…



Martin Zweig (The inspiration behind a number of Martin Zweig’s methods came, from Jesse Livermore).





..”Until an hour before the Devil fell, God thought him beautiful in Heaven”..



Arthur Miller, “The Crucible”

 [Contrarian Investing]











..”The key to making money in stocks is not to get scared out of them”



Peter Lynch





…“To me, the ‘tape’ is the final arbiter of any investment decision. I have a cardinal rule: Never fight the tape!”…



Martin Zweig







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