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Is the Silver Squeeze Over? Chris Vermeulen of TheTechnicalTraders.com is back on #GoldCoreTV with his charts to help us interpret the recent moves in silver and gold. In this video, we take a look at the silver price, the gold price, bitcoin and the S&P500.
We take a look at what’s needed to continue the momentum of the #silvershortsqueeze, the movement spearheaded by Wall Street Silver & #WallStreetSilver
We look at the significance of the 50-day moving average and the 200-day moving average and the interaction between these two that give us either a golden cross or the death cross. These are particularly important long term trend indicators in technical analysis.
Chris also gives us his opinion on bitcoin, where he believes the bitcoin bull market could still have some legs but traders need to be able to stomach 15% to 20% pullbacks, as volatility remains high.
Stocks continue to be in an upward trend, in SP500 daily charts, he explains that gold, gold miners, utility sectors, and bonds are starting to perform well. This happens only when stocks are in a particular phase where it keeps pushing higher and higher without a pullback.
You can find out more about the services that Chris offers at – https://www.thetechnicaltraders.com/
If you’re looking to buy gold or silver coins or bars, GoldCore currently has good stocks available visit the following website to learn more:
US & ROTW – https://www.GoldCore.com
UK – https://www.GoldCore.co.uk
Ireland – https://www.GoldCore.ie
00:00 – Intro
00:43 – Technical Analysis on Silver
04:01 – Technical Analysis on Gold
06:47 – Golden cross and death cross in gold
10:33 – Bitcoin Technical Analysis
13:41 – SP500 Technical Analysis
15:02 – Parting thoughts
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Silver Dollar Value Continues to Escalate
Precious metals such as gold and silver are vastly becoming attractive investments with the ongoing global economic downturn. Inflation also played a major role in boosting up the price of these metals.An Investment That Triples Your Money in Less Than Three Years
There’s no question that most people worry about the US economy and the rest of the global market. Even investors seem to be looking for more stable investments. That is partly why the price of gold has been on the up and up lately.All You Need to Know About Gold Investment
Commodity market is just as big as the stock market. And due to the lack of knowledge most people fear to invest in precious commodities like gold and silver. This article aims to deliver a handy guide to assist your decision to invest in gold.Is It Time to Buy Silver?
Unless you have been hiding under a rock, you probably know that silver has had a major correction over the past week. The precious metal plummeted about 30% from a high of almost $50 an ounce to less than $35 yesterday. This six-day drop is one of the largest since 1983.Silver and Gold Prices Continue to Climb – Is It Time To Make a Move?
Is it time to make a move, and get an ounce of silver sent to your mailbox every single month? As prices continue to climb, is it time to make a move? Well?What Is Going On With Silver?
If I could summarize the thoughts of silver investors over the last five days it might be: What is going on with silver? Is the run over? Do I sell? Do I buy more? Do I curl up in the corner and just cry and wait until it’s over? If gold and silver were in an insane asylum, gold would be mumbling to itself walking down the halls and silver would be in a straight jacket locked up in a padded room. In other words, silver can act crazy sometimes… like a 170% move up in the past eight months or a 60% fall in 2008 or what it is doing now, a 30% correction in five days and counting. Silver is much easier to kick around than gold.Why You Should Buy Pamp Suisse Gold Bars
Someone who wants to get uncompromised quality in the long and short run should buy Pamp Suisse gold Bars because they are worthwhile investment. Those who invest in these bars enjoy the same benefits like those who invest in gold coins and other gold commodities.Get Cash For Your Old Gold
Life is full of uncertainties and the last thing that you want to deal with is “money problems.” When this happens, it could leave you with an ache and only a few choices to choose from. One of the few options that are available to you, to solve this problem is to get cash for gold.Timing the Dips: Gold and Silver Pushed Back by Margin Calls
The dollar is toast, long term, and gold and silver have a long long way to go. Much hay was made of silver index pricing getting close to $50 recently, which is the historical high. That, of course, is a bunch of horse hockey because adjusted for corrosive inflation silver would have to get to $130 to match that 1980 price in real terms. Silver is still way undervalued in current dollars, even at $50.Keep Track of Your Investments With Silver Updates
Gold and silver are increasingly being viewed as real money that is capable of storing its value and maintaining its position in the top list of sound investment ventures. What is the value of a silver dollar coin? This question has many answers for it depends on a lot of things.