Argento / DollaroShort
MQP PRESENTS GOLD CRASH ENDING 4B, THE SILVER QUESTION
HEADER - This is a quick supplement for the previous post, which is:
SUMMARY - Basically, drawing a VERY ROUGH DRAFT of what silver should do through 10/10. That is to say, I am trying to DISPROVE gold forecast in "GOLD CRASH ENDING 4" right above.
DETAILS? - I don't see a bullish outcome immediately recognizable. There's no smooth set of bullish curves I can see to begin with (this I would need to create a bullish forecast). This means that I would be dishonest if I said I can see an immediate bullish outcome before 10/10. However, I do see 2 legs down to 15.60 that is "somewhat likely" (unlikely gold, which is VERY LIKELY). It's 19.40 as I type, so a 20% drop.
SO? - I stand by that gold forecast, but NOT THIS SILVER FORECAST. Why? The gold forecast took 20x the amount of work to arrive at.
SUMMARY - Basically, drawing a VERY ROUGH DRAFT of what silver should do through 10/10. That is to say, I am trying to DISPROVE gold forecast in "GOLD CRASH ENDING 4" right above.
DETAILS? - I don't see a bullish outcome immediately recognizable. There's no smooth set of bullish curves I can see to begin with (this I would need to create a bullish forecast). This means that I would be dishonest if I said I can see an immediate bullish outcome before 10/10. However, I do see 2 legs down to 15.60 that is "somewhat likely" (unlikely gold, which is VERY LIKELY). It's 19.40 as I type, so a 20% drop.
SO? - I stand by that gold forecast, but NOT THIS SILVER FORECAST. Why? The gold forecast took 20x the amount of work to arrive at.
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