This is BiS cap (1) and accumulate (2,3)in real time over shorter duration. Someone who is a buyer is losing patience. And that buyer may be a bank covering shorts ….. There is some panicky shit going on underneath the surface …
Cap and Trade Continues
No joke, something is not right here.
Smells like slow panic… there are no flat bottom dips lately
Blow off top?.. not until there is a spike of some sort we think..
I don't fully understand the terms of a "slow panic" or "blow-off top", but have you seen Silver today? I've personally never seen charts look like that before, really crazy looking. They're all over the place. It also amazes me that people are still buying into Nvidia. I wish I know how to do shorts, I would bet things will fall apart before or right after the election. But I'm also afraid to invest in what is essentially betting. Rubino says to start shorting things, that it's all coming to a head and to stay in Gold/Silver and mining. Man I wish I knew more. All I've done is buy a bunch of physical silver, and invest in several mining stocks... I hate to miss out on a crash. If anyone has suggestions or resources please let me know.
Slow panic is something that you can’t show in a chart, so it’s purely instinctual for me. If you look at the chart that I drew those lines in, and you assume that I’m right, you’ll see that the duration between rectangles is shortening the depth and the width is shortening. Someone is losing patience.
A blow off top is actually easier to see that would be a kind of capitulation spike in the market over a relatively short time. Where certain technical indicators do not confirm the price.
Can’t be much time left to stack before Unobtanium Days are upon us. Thx for everything, Vince.
Last time Silver bars were unobtainium was $50 silver in 2011… 🥴
I don't fully understand the terms of a "slow panic" or "blow-off top", but have you seen Silver today? I've personally never seen charts look like that before, really crazy looking. They're all over the place. It also amazes me that people are still buying into Nvidia. I wish I know how to do shorts, I would bet things will fall apart before or right after the election. But I'm also afraid to invest in what is essentially betting. Rubino says to start shorting things, that it's all coming to a head and to stay in Gold/Silver and mining. Man I wish I knew more. All I've done is buy a bunch of physical silver, and invest in several mining stocks... I hate to miss out on a crash. If anyone has suggestions or resources please let me know.
Slow panic is something that you can’t show in a chart, so it’s purely instinctual for me. If you look at the chart that I drew those lines in, and you assume that I’m right, you’ll see that the duration between rectangles is shortening the depth and the width is shortening. Someone is losing patience.
A blow off top is actually easier to see that would be a kind of capitulation spike in the market over a relatively short time. Where certain technical indicators do not confirm the price.
vedy interesting
Iran will strike Israel, and they know it. Probably it’s one more contributing factor to add on
The daily chart with cap and accumulate looks a bit like stair steps. So is a blowoff top a Stairway to Heaven?
It would be insane if this market dropped without a simple spike .. we are running out of stairs
somewhere I heard that you have your own www site besides Sunstack, but I can't find it.
something like vblgoldfx.com, but it comes back to this Substack
Right. I bought that site to point to this for now.