One history lesson with silver is very clear !
" All win's are temporary, all losses are permanent "
" There is a great party that happens once in a blue Moon with Silver for a temporary time, followed by a hangover that lasts forever "
The mindset must be to be exiting when the sky is blue and the ducks are chirping !
Because if you have a Gamblers mindset with Silver and your dopamine get's excited and you don't leave the party by 11.59 pm , you will feel the pain for many many years to follow with a big nasty hangover wishing you had never gone to the party in the first place, just like buying Neuva Esperanza was like being Drunk in Bangkok and ending up with a permanent Mike Tyson Tattoo on your face.
But it's different this time !
You always think it's different this time !
You always think it's different this time when you hit the free spins on the Pokies at the casino & then an hour later your visiting the ATM machine...
The Chart of Silver is just like the chart of a Pokies machine free spins !
Long periods of pain, followed by 30 seconds of joy to keep you wanting more !
You might think building a mine is Great when silver is flying, but building a mine takes years and by the Time the processing plant is turned on the party is most likely over ....
Look at the above chart with a short sellers mindset and think; " When do i short silver, how long does a silver explosion last for over the past 50 years ? "
ANSWER : 2-3 years MAXIMUM, followed by 10-20 years pain.
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One history lesson with silver is very clear !" All win's are...
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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1 | 3819 | 1.570 |
1 | 643 | 1.555 |
3 | 22300 | 1.550 |
2 | 3500 | 1.520 |
Price($) | Vol. | No. |
---|---|---|
1.595 | 3773 | 1 |
1.600 | 40000 | 1 |
1.625 | 10000 | 1 |
1.630 | 7000 | 1 |
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