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Imminent Silver Correction

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.
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Re: Imminent Silver Correction

Postby morris14ccm » Thu Nov 17, 2011 1:01 pm

Right again. I thought a drop was coming, but I was thinking it was a couple weeks off. Hopefully it continues to plunge!
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Re: Imminent Silver Correction

Postby shinnosuke » Thu Nov 17, 2011 1:04 pm

Jonflyfish wrote:Disciplined hedge effectiveness.

Cheers


What are the driving factors?
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Re: Imminent Silver Correction

Postby Jonflyfish » Mon Nov 21, 2011 12:38 pm

Jonflyfish wrote:The perils are great for the PM market. Warning flag is at full mast.
Cheers!


Risk management 101.

Cheers!
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Re: Imminent Silver Correction

Postby pennypicker » Mon Nov 21, 2011 12:49 pm

Jonflyfish wrote:
Jonflyfish wrote:The perils are great for the PM market. Warning flag is at full mast.
Cheers!


Risk management 101.

Cheers!

Smart man ;)
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Re: Imminent Silver Correction

Postby Jonflyfish » Mon Dec 12, 2011 9:36 am

I hope everyone has been hedged.
Be safe.
Cheers!
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Re: Imminent Silver Correction

Postby balz » Mon Dec 12, 2011 10:24 am

Only noise. In one year silver will be at 50$ again.
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Re: Imminent Silver Correction

Postby Jonflyfish » Mon Dec 12, 2011 10:53 am

40%+ fluctuation in wealth might seem like just "noise" to some, serious enough for others to protect and benefit from.

Cheers!
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Re: Imminent Silver Correction

Postby Jonflyfish » Mon Dec 12, 2011 10:57 am

Market looks poised for a rally. Let's see...

Cheers
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Re: Imminent Silver Correction

Postby Sheikh_yer_Bu'Tay » Mon Dec 12, 2011 12:01 pm

JFF, you are one of the few here that really knows what is going on. Thanks for posting your info.
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Re: Imminent Silver Correction

Postby Jonflyfish » Mon Dec 12, 2011 2:24 pm

Silver @ 31.15 and gold at 1665 may both see a bit of a bounce. Perhaps I'll be 100% wrong. Let's see...
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Re: Imminent Silver Correction

Postby Jonflyfish » Mon Dec 12, 2011 2:25 pm

Sheikh_yer_Bu'Tay wrote:JFF, you are one of the few here that really knows what is going on. Thanks for posting your info.


You are very kind. I am but a student forever.

Cheers!
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Re: Imminent Silver Correction

Postby TXBullion » Mon Dec 12, 2011 5:16 pm

Jonflyfish wrote:
Sheikh_yer_Bu'Tay wrote:JFF, you are one of the few here that really knows what is going on. Thanks for posting your info.


You are very kind. I am but a student forever.

Cheers!


JFFdoes your system only predict short term drops and rallies or long term as well?
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Re: Imminent Silver Correction

Postby Jonflyfish » Mon Dec 12, 2011 8:44 pm

TXBullion wrote:
Jonflyfish wrote:
Sheikh_yer_Bu'Tay wrote:JFF, you are one of the few here that really knows what is going on. Thanks for posting your info.


You are very kind. I am but a student forever.

Cheers!


JFFdoes your system only predict short term drops and rallies or long term as well?

Hi TXB. My system can't predict the unknowable future but is applicable from very short term intraday to long term monthly, yearly timeframes as well.

Just bought some gold at 1652 for a possible contra trend bounce.

Cheers!
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Re: Imminent Silver Correction

Postby Jonflyfish » Tue Dec 13, 2011 10:38 am

Overnight pop ten trends resume.
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Re: Imminent Silver Correction

Postby Jonflyfish » Tue Dec 13, 2011 12:03 pm

This volatility is really something great for traders.

Cheers!
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Re: Imminent Silver Correction

Postby Sheikh_yer_Bu'Tay » Tue Dec 13, 2011 12:17 pm

Jonflyfish wrote:This volatility is really something great for traders.

Cheers!

I'll bet! Two years ago I read an essay by Prof. Antal Fekete. The essay claimed there was no manipulation of the silver market. It was all about traders trading on the basis. In the essay, Fekete said traders didn't care if prices went up or down. It didn't matter. What mattered was to anticipate the price move and act according to the basis. Is that how you work?

Here is his website: http://www.professorfekete.com/

Here is a good essay on silver volatility: http://www.professorfekete.com/articles ... tility.pdf
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Re: Imminent Silver Correction

Postby Mossy » Tue Dec 13, 2011 12:27 pm

The traders probably don't care. They are not the only ones in a position to effect prices.
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Re: Imminent Silver Correction

Postby JJM » Tue Dec 13, 2011 1:00 pm

Thanks for posting here when you do JFF, it's nice to have you back!

You once talked about blogging your silver buying/selling experiences, did that ever happen? If so, can you share the blog address?

Care to enlighten us a bit on your system? I know you follow the tidal wave of investment money, and when it moves into the USD it moves out of silver (and the other markets generally speaking, at least at the present time). I'm sure there are other key indicators that I'm not aware of, it would be nice if you could share those or anything else for that matter if/when time avails.

TIA, jjm
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Re: Imminent Silver Correction

Postby fb101 » Tue Dec 13, 2011 2:29 pm

JJM wrote:Thanks for posting here when you do JFF, it's nice to have you back!

You once talked about blogging your silver buying/selling experiences, did that ever happen? If so, can you share the blog address?

Care to enlighten us a bit on your system? I know you follow the tidal wave of investment money, and when it moves into the USD it moves out of silver (and the other markets generally speaking, at least at the present time). I'm sure there are other key indicators that I'm not aware of, it would be nice if you could share those or anything else for that matter if/when time avails.

TIA, jjm



+1
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Re: Imminent Silver Correction

Postby Copper_Baron » Wed Dec 14, 2011 8:02 am

Jonflyfish wrote:Silver at $43.95 is flashing the warning lights for an imminent correction.
Maybe I'll be 100% wrong but something tells me otherwise.

Cheers.



Well it just hit $29.88. So I guess you were right!
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Re: Imminent Silver Correction

Postby Jonflyfish » Wed Dec 14, 2011 8:24 am

Copper_Baron wrote:
Jonflyfish wrote:Silver at $43.95 is flashing the warning lights for an imminent correction.
Maybe I'll be 100% wrong but something tells me otherwise.

Cheers.



Well it just hit $29.88. So I guess you were right!


Thank you everyone for your kind remarks. I'll reply about the system soon.

Perhaps the USD strength has been the black swan...
Cheers!
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Re: Imminent Silver Correction

Postby Jonflyfish » Wed Dec 14, 2011 9:25 am

We just bought some silver @ 28.89
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Re: Imminent Silver Correction

Postby joemac » Wed Dec 14, 2011 9:33 am

So did I
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Re: Imminent Silver Correction

Postby Jonflyfish » Wed Dec 14, 2011 9:36 am

"Breathtaking" market ;-)
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Re: Imminent Silver Correction

Postby NHsorter » Wed Dec 14, 2011 10:28 am

What is it gonna take before the dow and pm's stop mirroring each others moves?
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