Hi there man. Yeah I'm back. I have built a house and decided to concentrate on this. No positions at the moment. Silver has had a beauty of a bull run. I am not in so I am nervous for a retracement. The run has been really fast. I hope you have ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I am describing the price action on the chart in terms of bar morphology and support/resistance/psyche levels. I am from the J16 clan, this is our bread and butter. I am sure you will be aware how a good pin bar should be and this is not ideal. The ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Where I have put the arrow is where I feel we are with silver.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Your pin bar is far from perfect as an entry point but if you are in the trade that is perhaps different. The body of the pin bar should be above 38.00. A big round number and so psychological level. This would give price support. At the moment ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

If China and the Arabs said no more USD's the end game would be here instantly.

What's with the US dollar?!

I have not read all this thread so it may be said else where. Inflation is not completely demand driven. The US started spending too much. It got into an expensive war it lost in Vietnam. Nixon took the dollar off the gold standard. Remember when US ...

What's with the US dollar?!

The reason I came back was you said look at the chart. That is something I know about and excepting the mother of all bull trends the chart is not indicating a breakout to the upside at the moment. Then you said don't ask me why and you are specific ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

beeb That is interesting information about LME. I will look to see chart signs of a bullish breakout when that works through into the chart. I live just down the road from the Cadbury chocolate factory. The chocolate there still tastes the best to ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Randgold maintains big increase in gold production outlook despite Cote d'Ivoire problems 31 Mar 2011 14:36 GMT. Google this. The sites it comes off a pay membership so I can't see the details.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Sorry man but where is this coming from??? Price is NOT clearly doing anything of the sort. Looking at the weekly chart the most recent bar is a doji. What does that say? It says price does not know where it is going. Price is consolidating - it has ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

From memory I got immediate access to the PF after completing all the details. I just checked my emails. I got an email welcoming to the site with my username and password. This was before I got the email for the fee payment. So yes you should get ...

james16 Chart Thread

Analysis of the weekly chart A doji is an indecision candle. Price opens and closes at the same price, thus neither the bulls nor the bears control the market. Where a doji is at the top of a bull trend or the bottom of a bear trend it can indicate ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

It is spread betting. In the UK betting gains are completely tax free. Losses cannot be deducted however! The minimum "bet" with my spread betting broker is £1 per point. It is £1 for every 0.1 cents. In other words the minimum bet (£1) I can make ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I'm in complete agreement. The financial system is fcuk'd and it is only a matter of time. Maybe that time is extending a little if there is less easing on the cards. Easing means print more dollars. It is only a matter of time before those with ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Sorry if you were alarmed beeb (LOL ) Price can do anything as we know. The price bubble chart was something I happened across and thought it would get people thinking. I am certainly not from the school that silver costs nothing to mine ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Terminal events are totally final - one off. We are still buying and selling tulip bulbs, dot com's, the stocks from Black Monday, real estate.... Bubbles are hardly ever final. South China Sea/Mississippi Scheme bubbles were final because the ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Prices rise for two reasons. Supply/Demand and Devaluation Supply/Demand - the price rises because something appreciates. Inflation happens because money is worth less.

What's with the US dollar?!

Clearly silver is unlikely to get dumped that hard as to go down that low (but anything can happen). I have lived through several bubbles. In all of them price was a one way bet no-one believed was coming down but when it did there was a sharp ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

What an interesting looking chart. It is like there is a mirror running down the middle of it, one side the reflection of the other. I took a look at one of Sam Sneiden's videos. I am not here to disrespect the guy but he is saying some of what J16 ...

james16 Chart Thread

I did not say anything about the price of Gold. This is the recent SILVER chart I was comparing to the bubble cycle. It isn't the long term gold trend. Gold has been climbing and climbing for years and years. I don't see gold bubbling over at the ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread