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re: Silver Bugs thread: Silver up 12% for the week on Black Friday started the journey
Posted on 7/28/26 at 5:27 pm to Hangit
Posted on 7/28/26 at 5:27 pm to Hangit
quote:
Also, is anybody hearing about Hong Kong opening their brokerage to counteract London and New York's manipulation bullshite? I do not know if they intend to do it through arbitrage or just trying to overwhelm, then buy out from under them.
China has already been doing this for about 4 years … the Shanghai Exchange allows gold transactions for most of the BRIC members for commonly traded commodities, like oil. It is well established and moderately successful at this point.
Looks like the consolidation for gold is about to wrap up. I still think we see gold $3700 before the bull resumes …. and that’s where my next buys are scheduled … same for miners. And I believe we’ll see it within the next 3 weeks if the Fibonacci charts hold. Almost in the loading zone, IMO.
Silver appears to be following a similar pattern, although I don’t chart silver at the moment … but it travels with gold routinely and appears to have strong support at $47
This post was edited on 7/29/26 at 4:06 am
Posted on 7/28/26 at 10:08 pm to cadillacattack
One day I am going to learn to sell shite when it is high.
Posted on 7/29/26 at 2:46 am to GREENHEAD22
quote:
One day I am going to learn to sell shite when it is high.
Nope.
I liked Sprott better when I was up $23k. Let's get this Iran thing over again so the bull market can get crunk.
Posted on 7/29/26 at 7:53 am to GREENHEAD22
quote:
One day I am going to learn to sell shite when it is high.
Could be worse. You could’ve put $20k on your Amex at $89/oz.
Posted on 7/29/26 at 8:27 am to lsuconnman
quote:
Could be worse. You could’ve put $20k on your Amex at $89/oz.
Silver Bugs in early 2026

This post was edited on 7/29/26 at 8:29 am
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