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RE: Anyone ever pay attention to gold and silver historical price charts
Charts don't start a movement...charts don't get people into amassing 1oz coins or 10oz bars close to spot...and if you are buying a little every few weeks or months...who fucking cares about the charts. Joe 6-pack with 2.3 kids doesn't have time or give a shit to go look up PM Charts.
Charts haven't worked in this space for anyone other than the Large Specs frontrunning their own clients trades. Even the small commercial specs have been getting fleeced for years...so anyone on Steemit stands 0 chance of winning by looking at your charts.
But you put a lot of time into it and it is a very nice chart. Well done.
So I guess my prediction here holds no merit either?
https://steemit.com/steemsilvergold/@mk12mod1/6-arrested-for-pms-manipulation-euro-banks-pay-fines-yet-jpm-comes-up-smelling-like-roses
Furthermore, if you really comprehended my post, you would have realize I mentioned purchases of 100 oz or more (which is a lot to average buyer). So yes charts do make a difference when prices swing over a $1 or more when it come to buying power at that level.
Next time I will just keep to to myself.