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Silver-King replied Sep 18, 2024I also hope I'm wrong, because I want lower price for the Silver.
Gold
- Silver-King commented Sep 18, 2024
If there was one more meeting before the US selections, I'd say it would be 25bps, however since there isn't I expect 50bps rate cut. Truth is... no one knows. We can play the "I told you so" game later after the announcement.
25 or 50? That is the question we want to ask the Fed today
- Silver-King replied Sep 18, 2024
Alright... this is my final forecast for the Fed today. Fed will indeed cut by 50bps. Price will spike up on the rate cut. Then, the question of why the Fed cut by 50bps will spread across the markets causing the price of everything to drop. During ...
Gold
- Silver-King replied Sep 18, 2024
First up, then down? Interesting... that's completely opposite to what I think will happen. Hmm...
Gold
- Silver-King replied Sep 18, 2024
25bps will probably be sell the news moment and our chance to buy the dip. We'll see... economic projections are today as well. I think whatever happens today will continue tomorrow as well. Tomorrow will be a huge candle in my opinion. Every wise ...
Gold
- Silver-King replied Sep 18, 2024
If I'm right USD/JPY is heading to 135 - 134. So around 800 pips drop from here. We'll see...
USD/JPY Discussion
- Silver-King replied Sep 18, 2024
They are both calling for lower rates (weaker USD) playing into Fed's hands. They'll destroy everyone... which is why we invest into energy, PMs, Crypto... I am Buying some oil, some XRP and some Silver. I didn't buy stocks, but whatever... can't ...
Gold
- Silver-King replied Sep 18, 2024
I literally am just waiting for the Fed these last couple of days hahahah. Price isn't going anywhere before the Fed, anyway... You guys up for a game? Those of you who think Fed will cut by 25bps like the comment and those of you who think Fed will ...
Gold
- Silver-King replied Sep 18, 2024
2565$ H1 Support... For some reason, I also expect 50bps cut. However, the game remains the same and that is I'll buy the dips.
Gold
- Silver-King replied Sep 17, 2024
That's totally reasonable. We'll see where the price will be just before the Fed.. and then we could perhaps set targets for the Fed.
Gold
- Silver-King commented Sep 17, 2024
The Fed is the only authority which every man and woman who understands how the system really works know. Presidents are puppets of the Fed. Government is the Fed and the politicans have been paid for a long time ago. I just stated the difference ...
How will the US elections impact the markets?
- Silver-King replied Sep 17, 2024
Sure... in my opinion Gold is definitely in an uptrend even if it hits that 2100$. As said, JPY has destroyed many accounts due to it "being ready for a correction". Money management yeah... without it, this is a situation in which it is the easiest ...
Gold
- Silver-King replied Sep 17, 2024
Scala, I look at the Gold the same as I am looking at JPY. In this case Gold is going up and up and up until a certain point. JPY was going down and down and down and then some more down hahahaha... until the shit hit the fan and price finally ...
Gold
- Silver-King commented Sep 17, 2024
I don't think they should affect the market at all. Both Trump and Harris are promising lower rates, so... there's no difference really.
How will the US elections impact the markets?
- Silver-King replied Sep 17, 2024
It's very high yeah... but it could be much, much higher. We're all too fixated with 2350$... what if the 2500$ is the new bottom as 2000$ was? What if actually the price is going towards 2800$, 2900$ and then retracement kicks in due to some bank ...
Gold