With the selloff in the broader markets, our John Deere SHORT TRADE is finally in the money. Of course, we don’t know if this one-day correction will continue tomorrow or over the next several days, but with John Deere so overbought, I wouldn’t be surprised to see much lower prices in the short term…
Author: SRSrocco
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Total World Silver Investment Continues To Put a Huge Squeeze On Global Mine Supply
After total world silver investment put a huge squeeze on global mine supply last year, the same trend continues during the first quarter of 2021. Investment demand for both physical and ETF silver remains just as strong as it was last year. This is putting a huge squeeze on the silver market…
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SUPER LONG-TERM GOLD CHART TECHNICALS: And How U.S. Treasury Rate Impacting Price
Rarely do investors look at long-term charts when they analyze the precious metals. Most of the time, investors are concerned with the daily, or weekly chart price action. For example, I like to use the quarterly chart to see interesting technicals not found in the shorter-dated charts. If we look at a super long-term…
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GOLD & SILVER UPDATE APRIL 16TH: Hitting Important Technical Levels
After the precious metals have enjoyed a nice rally the past several weeks and are now hitting important technical levels, interestingly, silver continues to outperform gold due to both the ongoing ShortSqueeze campaign and broader markets hitting new highs. It seems as if the Dow Jones and S&P 500…
