oldschoolsilver

It's a dubious line... I'm still keeping an eye on it though

Welcome stacker!

Welcome!

I looked in to this a few years ago. I'd only consider it in a garage, but then you have to worry about the neighbors thinking you're making a bomb. Also garage break ins... I think it can be done profitably if you can get enough scrap silver.

Is this the best place to post technical analysis? What do you think of the idea of not drawing lines to what you believe are statistical outliers? The chart below shows a dubious support line connecting the low in Nov 2008 and the low in Jan 2016 ignoring the flash corona virus low in march 2020. I quite like this line as the price action has used it as support and resistance and few times, as well as break out and break up points. There is confluence with the EQ of the parallel trading range showing that the price could touch $20 before making the big decision as to if it will break down up or significantly. Personally I'd bet on a break up due to the crazy money printing, though I am biased with PM's. The EQ of this parallel range has been definite resistance with the obvious break out point in July 2020, I'd love to see us come back down to test that point and hold it as resistance; which of course would be incredibly bullish. What are your thoughts TA heads of TSF?

Wow thanks for such a warm welcome guys!

Greetings to other precious metal bulls, they've been very good to me over the decades; hoping this trend accelerates as fiat gets printed into oblivion.