SLR 0.00% $1.57 silver lake resources limited

china and gold , page-42

  1. 8,033 Posts.
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    Chick
    Good post
    But I don't think you have the big picture

    The big sells last year were made from $1600 to 1400
    Presumably by the US government

    I would think they would of bought some back at low prices
    So they are a long way in front

    That is one Scenario

    Another is that they are protecting the US dollar
    I don't think that will stop anytime soon

    Anyhow brake out level is $1277
    Once broken should push down to $1230

    I am not posting not to downramp
    But to share what I think is happening ATM

    It can all turnaround very quick
    SLR shares maybe will go under 40 cents
    But I would imagine the likes of PRU and RSG
    Will get hammered
    They will be the ones to be on when the POG heads up
    As the last time
    PRU 22 cents up to 50 cents

    Interesting 2 nights coming up that's for sure






 
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