Gold and silver are very close to correlated this high as 90%, but not
on a day-to-day basis.
And then all of a sudden after a week or two suddenly silver will be
up, six dollars.
So that's the sort of thing you have to trust in that.
The market is kind of got the DeGeneres doors to speak.
The Romans talk about the two doors that open, you know, each way.
These things are usually recognizable except after the event.
I think we've seen a couple selling events like you're discussing
already whether there will be another one.
I don't know the, you know, the market opinions are that we could have
a lot further to drop after this relief rally and then other people
feel that could be more substantial.
I think it's worth being conservative in here, especially if you have
most of what you want the problem with the physical.
Also mature associated with is that if you wait until you get some
kind of a super bottom that the tenth the cost of buying them, the
premiums tend to be very high as well too.
So, let's say you bought today with I don't know what the preview
might be in silver, several dollars for the 1 oz, you know, bullion
coins, but in a sell-off you could hit the exact day when maybe silver
dropped a dollar and a half and then close.
The next day I do.
All are higher, but you might pay another two dollars for that ramp up
in the, in the premium.
Then you would have know where you pay more than that you would now
bind in the slightly higher price, that's kind of indicated, but it's
happened.
Several times in the past and is still kind of going on now.
So when you can buy, when things are relatively quiet, you'll tend to
get a better price.
Assuming you can find Supply, then if you try to wait, while
everybody's selling in the paper Market, but everybody's buying in the
fit in
Physical Market.
Some people look at cash is a missed opportunity that they can buy
their stocks that they really like, but I've been surprised, I've been
raising cash in small amounts over the last two sessions, stolen
things that just aren't performing as well as others.
Now, all of these are dropping but some are dropping more than they
don't have the Dynamics of the better socks.
I hold have.
So why would I want to let those continue to drop and not take that
money?
Even if I'm down quite a bit and put it into a cash.
Position because things come up, that you're surprised about there can
be an intraday sell-off in the stock.
You like a lot or you find a good deal on some boy on and then you
have that money.
And also, here it is again.
It's like there's so much about psychology.
Even if you don't add more to your position, the fact that, you know,
that you could says, well, I could, if I wanted to and if something
comes up, I will rather than I can't do anything unless I sell
something so that, you know, these
are all psychological tricks that help you stick around and not
Along the bottom of a drop or silver and gold like the brake support
and in turn around.
Thank you.
Say you have to go against your own emotion sometimes, but you look at
2016.
We have a six month, you know, Barbara rally there in the metals and
Miners.
And then it was all given back over the next 18 months.
And then about 2018 in the twenty twenty twenty one.
We had all the time, new highs and gold, and a strong silver market.
And so, people are, you know, they'd seen this, and it's human nature
to go well.
Is this going to be another one of the same thing and we don't know.
But if you start selling right away, oh, I've got a, I've got a decent
profit here.
Then if it really becomes the real deal, which I think we're getting
closer to all the time.
You may not have much of a position left.
And so would you want to sell it $27?
Silver of Citgo, the 44 and have a third of what you had, you know, I
think selling some is important, but maybe one of the things that
helps me as if I
Want to buy or sell.
I tend to figure out on the mound.
I'd like to sell or buy and then do half of that and that takes some
of my emotions out of the game.
Because if I'm emotional about it, I might do too much.
I might accumulate too much at one spot, or still too much at one
spot.
And this way because many people have waited.
As I have for many years for this, the doing some buying and selling,
but basically accumulating and why accumulated put all that.
That time in and then we're fairly close to the cusp of something like
a one-time event happening in silver, which I believe is on the way,
have a fraction of what you'd saved up over all those years.
Because you, you know, you got back to the green and you took a profit
and then you saw it go on and on and on and you have a small amount.
So there's a price to pay for that as well.
Well, just like we were talking before that these things always fail.
It goes up to 30.
32.
It's going to go back now.
It might go to 32 and then drop to 29 and shake out.
A lot of people and then go back to 36, you know, if it's for real,
that's the sort of thing that's going to do.
Another thing.
I lied with this concept is the idea of support and resistance levels
and I make a distinction between a linear Advance, which is what you
see in most mobile markets, and even impulse legs, where this, a
fairly steady, 45 degree angle approach, you know, increase in prices
over time.
I'm and you can get on that and add more and take some profits.
That's a linear events and it's kind of predictable, in a way,
assuming that, the, the of continues.
But then there's an exponential events when instead of a 45 degree
angle.
It starts moving to the 60 or 70 degrees and that's approaching a
blow-off face and exponential moves, cannot be predicted predicted
easily.
Support, and resistance.
Don't generally, hold on the chart.
So if you sell out the first
S resistance level, it will just shoot that through that, like a knife
through butter.
And that's what happened in 2016.
And I believe it will happen in the major major way.
When we finally get that big move that we've all been looking for.
It's going to take out charts that look like they're resistance levels
on the chart just like standing still.
And you know when silver is going to rest, five dollars a day that's
going to take out a lot of a lot of resistance levels.
We will be looking for a low voice.
Volume drop in out of support and the turnaround.
One of the things I like to look for which is very seldom.
Seen in the liquid Market is a one or two-day Island reversal where
prices drop with no trading on a particular day.
The next day they're lower and there's a gap on the way down and then
the day or two later, the same thing happens on the way up and creates
an island where no trading took place on the certain place on the way
down or up.
Those happens very seldom.
But if I see that
In the physical Market, or in certain stocks have a lot of liquidity
to me.
That is a tremendous indicator and I want to pay attention to that.
Because if that is not violated or the gaps filled with, in the few
days that Gap could last for months, or even years, and I want to
honor that until Tater proven or disproven, and it will, you don't
generally be proven or disproven within a short time.
That's one thing.
I look for gold may lead.
It doesn't always lead, but it may lie.
And then maybe
Be a little more aggressive than silver and silver.
Most sit there for a while and then all of a sudden you'll see a big
jump but dollar ten it on the upside you go and this will happen
throughout the move and when it really gets under way, which I was a
participant along with David Morgan and others.
We didn't know each other then, but we were participants in the
physical market and the Futures Market in 1979.
You would see sometimes gold with move strongly for two weeks.
And so who would hardly budge and you go?
What's going on?
Well, nothing's going on.
Gold and silver are very close to correlated this high as 90%, but not
on a day-to-day basis.
And then all of a sudden after a week or two suddenly silver will be
up, six dollars.
So that's the sort of thing you have to trust in that.
The market is kind of got the DeGeneres doors to speak.
The Romans talk about the two doors that open, you know, each way.
So, that's something to consider and keep that in your bag of tools.
So when you see it, you'll understand that the media may have one
thing I'd like to mention and
And I'm an ambassador for this project.
So I do have a vested interest in and I've also invested it and that's
the load Digital Silver and Gold project.
It started out as silver is now, silver and gold.
And this has blending the idea of a digital coin that's backed by an
identified, well amount of silver and gold in vaults, in several areas
of the world involves.
And this is this is ongoing on to the blockchain.
So it's going to be an enviable.
The yes, that metal is really there and we're seeing very increased
interest in the low, Digital Silver golden coins.
And when that whenever we sell more we buy, we made in the project,
they buy more metal from middle dealer such as yourself and back,
those coins and tokens.
And so it's a project that I think people will see as a kind of a
alternative to the physical and they can actually redeem it for the
physical if they want.
So that's something to consider anybody that would like to take a look
at that.
Could go to AG.
X.l LD.
E .o any and there's a Content Rich site there with a lot of fa Q's of
is even a chat room that they can see.
But I'm involved in that and I think it's going to continue to grow
and it's just one more way to hold that the king of metals gold and
silver and a safe secure way and gives you a little bit of more of an
option rather than going for, you know, some of their country.
Far away and having to pay big premiums to store it because once you
buy it, you don't have storage cost.
So that's something to consider.