Bitcoin Technical Analysis, Gold/Silver - Tuesday, Jan. 30
Today we discuss briefly the current Bitcoin chart as well as some general news and articles surrounding gold and silver and what might be to come.
Video Length: 00:12:14
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So Peter Schiff says #gold will go up... do you think he's right? I know some people love him, but some don't think he knows as much as he thinks he knows.
Yeah, I've heard back and forth about him. I would have to read up a bit more on him and his history to have a more educated opinion - but referencing that article, I think he's just hinting at the possibility of a technical breakout. Lots of goldbugs out there may agree with him, I personally think with what we've seen in the market as a whole lately, gold is going to hang around its current levels for now. Might touch $1400+ with other support, but realistically I don't see it surging to the 16-1700 area like some say - at least not yet! :D
Schiff isn't perfect and certainly isn't right 100% of the time. But he's a smart guy and I like what he has to say: www.talkmarkets.com/contributor/Peter-Schiff
Hey everybody! Thanks for showing some love and support! I will certainly include links to the articles from here on out, and here are those I mentioned today:
Gold & Silver Manipulation: www.kitco.com/.../...SBC-For-Spoofing-Markets.html
Metals Up Slightly as Dollar Weakness Resumes: www.kitco.com/.../...-Dollar-Weakness-Resumes.html
Gold to Hit $1,450: www.kitco.com/.../Gold-To-Hit-$1450-Silver-To-Outperform----David-Morgan
Also Alexis - I think generally the market saw a good pullback to the early start of this week. Plenty of that due to the anticipation (and some anxiety) regarding what the #president might say. In addition, what we saw with the healthcare shakeup today really stirred the market in generally. I'm hoping to see a good rebound across the board in the coming days! As for metals, I'm okay with the dipping before ripping so to speak - great for the stackers!
Thanks again everyone!
Good article selection but I never liked Kitco's site. All the same articles can be found elsewere (including here) and the site itself is so ugly and 1995.
I hear ya man, thanks for pointing that out. Any suggestions I should check out? I use kitco primarily just to find the latest gold/silver news all in one spot but I'm certainly open to looking at others! :)
Thanks Jeremy Stacks, can you please explain why anticipation of #Trump's State of the Union address is causing precious metals to drop?
Lots of instability and volatility for sure. And I agree that #Robinhood won't really matter much.
It is certainly something interesting! Blockchain will go far - but hundreds+ cryptos perhaps not so much!
Good stuff. Lately I can't get enough of #bitcoin! it's been one heck of a wild ride! $BITCOMP.
Swing it! Money can be made for certain.
Thanks Jeremy Stacks. Can you include links to the articles you mentioned in the video?
I'd also like the link to the article about the European banks spoofing/manupulating the gold/silver markets.
Posted above my friend, thanks!
Ayelet, you can find all the authors he's mentioned right here on TalkMarkets. Peter Schiff, David Morgan and pretty much anyone who is anyone that covers #gold, #silver and other #preciousmetals can be found in this section here: www.talkmarkets.com/.../goldprecious-metals
#Bitcoin, #Litecoin, #Etherium, #Ripple and other #cryptocurrencies are all found here: www.talkmarkets.com/.../cryptocurrencies
Enjoy! $GLD $SLV $BITCOMP $ETH-X $LTC-X $XRP-X
Nice video.
Once again "banks are spooffing and manipulating markets“... Shocker!
$DB $HSBC $UBS