silver

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Modern Technology's Unprecedented Silver Demand

26 Oct 2023 5 minute read 0 comments SweptOverNiagara

Thanks for dropping by. Please subscribe if you haven't yet! Those Old Films Contain Something Of Value? At the turn of the 19th to the 20th century, photography was taking the world by storm not much unlike the success of cell phones today. Imagery...

My Thoughts on Current Markets-25

25 Oct 2023 2 minute read 0 comments Perfectionist25

Euro - Dollar parity is at 1.0591 level. We have seen a pullback here. My target was an increase up to 1.07 level. It decreased from 1,680 levels. We saw a one point drop to 1.0565. It is at 1.0590 level again. Again, I will continue to follow the 1....

My Thoughts on Current Markets-24

23 Oct 2023 2 minute read 0 comments Perfectionist25

Euro Dollar parity has a positive outlook at 1 0585 level. I will follow the resistance at 1.650 - 1750. If I had dollars in my hand, I wouldn't be too late to buy euros today. Especially if the investor who is preparing for 2024 asks whether he shou...

Silver Continues To Struggle Year To Date... Why?

22 Oct 2023 2 minute read 6 comments SweptOverNiagara

Thanks for dropping by. Please subscribe if you haven't yet! Bitcoin once again clipped $30,000 yesterday afternoon. Bitcoin started the year at a low of $16,540 and at time of writing, sits at $29,848, That's quite an impressive gain and if it goes...

My Thoughts on Current Markets-23

22 Oct 2023 3 minute read 0 comments Perfectionist25

Let's start the analysis with Germany. Here, they withstood the war to a certain extent, especially after Bollinger gold started to close below the middle band. But when we look at the last 3 days, there is a serious retreat here as well. If closings...

My Thoughts on Current Markets-22

21 Oct 2023 2 minute read 0 comments Perfectionist25

Euro - Dollar parity was at 1.0592 yesterday. I will follow the 1.0650 resistance. There is resistance at 1.0720 above. I will follow these places. We saw a significant increase in ounce gold this week. I have often stated that the band gap we will f...

Bitcoin Flirts With $30K... Again

20 Oct 2023 2 minute read 0 comments SweptOverNiagara

Thanks for dropping by. Please subscribe if you haven't yet! In the last 24 hours, the Bitcoin price has jumped over $1,000 from a low of $28,526 to $29,541 at time of writing.  At one point, it had gained some $1,500. Between 6 and 8 am this morning...

Fiat Money (2)

17 Oct 2023 3 minute read 0 comments OfTheFreeMarket

This post is a follow up to my first article posted on this blog, “Fiat Money.” That post was a discussion of the fact that American currency is “fiat money,” that is to say, nothing backs up the paper bills or coinage of US Government—unless you con...

My Thoughts on Current Markets-20

17 Oct 2023 3 minute read 0 comments Perfectionist25

Hello, we started a new week. We are keeping our eyes and ears on the news flows coming from the Middle East. We continue to closely follow the statements and developments on the foreign diplomacy side compared to the slightly calmer week. There are...

My Thoughts on Current Markets-19

15 Oct 2023 4 minute read 1 comment Perfectionist25

Hello everyone, let's start with Dow Jones. Here we see that especially 34200 is the resistance. Its attempt to hold on above Bollinger is positive, but its failure to move too far can be considered as a negative outlook. In other words, its failure...