New Economy Board?Is this the SLX Board? Still?
Hey guys.....know the esoteric bantering on " economics " can fill time when your stock has been cut and half.
But....come on. Meaningless to where Silver may go in the short term.
Economics? Most if not all economists missed the bubble crash and pretty much every bubble. Wrong on deflation,,,,,wrong on inflation. You are all RIGHT and WRONG at the same time. I'm with Harry Truman on Economists - looking for that one armed Economist that couldn't say..." but..on the other hand "!!!
WATCH SLW - XAU, GDX, GDXJ and many other PM indexes sitting at support. Show me time! My guess is they all rollover.
SLX - like others at 50 % retracement levels. A long list of jr's sitting there....lots of company. We hit the airpocket under $.68 and cut under 200dma - now $.52. GPR - another airpocket.
SLX? If Silver continues its slide....yea, $.40 could easily be hit.
https://stockcharts.com/h-sc/ui?s=SLX.TO&p=D&yr=2&mn=0&dy=0&id=p55415776705
SLW - as mentioned yesterday. Watch SLW - if it pops....at 200 dma. Trying to move higher. If it can't..kiss your...
https://stockcharts.com/h-sc/ui?s=SLW&p=D&yr=0&mn=6&dy=0&id=p85408551872
FR - sitting at support.
https://stockcharts.com/h-sc/ui?s=FR.TO&p=D&yr=0&mn=6&dy=0&id=p62847216116
GPR - 50 % retracement land.
https://stockcharts.com/h-sc/ui?s=GPR.TO&p=D&yr=0&mn=6&dy=0&id=p40849586396
SILVER - everyone watching the same levels.
https://stockcharts.com/h-sc/ui?s=$SILVER&p=D&yr=0&mn=6&dy=0&id=p93971692254
XAU/GOLD - never confirmed recent move in PM. Back to 09' levels. Points out PM stocks problems.
Not like the " old days " when this metric was 25 to 35. Now? Many other ways to play gold and silver.
https://stockcharts.com/h-sc/ui?s=$XAU:$GOLD&p=D&yr=3&mn=0&dy=0&id=p54854794388