An In-Depth look at a Major Cycle in Spot Silver

54
Sun, Jul 27, 2014 - 8:27pm

Last week, Turd suggested that I might post an occasional Rhythm and Price video in the Argentus Maximus Blog for those who read the Main St blog or the Setup for the The Big Trade forum to watch and comment on.

So here is the second ever audio-visual AM Blog and the first RNP to appear here in my AM Blog at Turdland!

I hope you all it worth your while and entertaining.

RNP 169 capture40 bey 28072014

Best regards!

Argentus Maximus

The author posts daily commentary on the gold and silver markets in the TFMR forum: The Setup For The Big Trade. More information about the author & his work can be found here: RhythmNPrice.

About the Author

  54 Comments

brent
Jul 27, 2014 - 8:32pm

first

Feels good

dragonfly5
Jul 27, 2014 - 8:33pm

1st?!?!

Just because I can OK _I'll take second . . . . - just came in from a bit of local storm chasing - now to read while listening to the falling rain.

Spartacus Rex
Jul 27, 2014 - 8:42pm
Jul 27, 2014 - 8:52pm

Just to elaborate a bit: The

Just to elaborate a bit:

The cycle I looked at here seems to have been constricted in recent swings in such a way that the upswings were truncated and the downswings enlarged. If the turning (of the bigger picture) is coming round once again, this cycle will reassume a more balanced look.

Not doing this would suggest the big picture is taking longer than anticipated to reverse to the upside. I hope that doesn't happen, but that's one way how I'd know if it were.

In the circumstances nothing would please me more than to see the 75 week cycle enlarge it's upwards swings and make a truncated downswing into it's low. ie an opposite "form" to the recent high for it. That would indicate an increasingly bullish background in the longer term.

So it's time to watch and wait, and I will likely nibble away at weakness buying into lows in trade sizes proportionate to the bullish or bearish tone observed.

Spartacus Rex
Jul 27, 2014 - 8:57pm

@ AM What Are Your Own Thoughts...

on the AU Futures at the moment?

Or are you holding off because the bulk of Gold's contract volume is due to roll from the August contract into the December contract as first notice for August delivery is coming this Thursday?

Cheers, S. Rex

Jul 27, 2014 - 9:06pm

Yes SR, I plan to be watching

Yes SR, I plan to be watching it very carefully as we pass through the last week of the month, and maybe a little overflow into the week after.

I use the amount or lack of "end of contract" price weakness to adjust my bullishness or bearishness to a certain degree. The shape of those smaller cycles also gives a little feedback.

ancientmoney
Jul 27, 2014 - 9:19pm
Bongo Jim
Jul 28, 2014 - 1:46am

5 hours up

And still top 10?

Spartacus Rex
Jul 28, 2014 - 1:54am
Spartacus Rex
Jul 28, 2014 - 2:33am

ZH "London Fix" Gold Rigging...

By Bullion Bank Exposed In Class Action Lawsuit: The Complete Charts

Now that's some 'Serious' Chart Porn!

https://www.zerohedge.com/news/2014-07-26/london-fix-gold-rigging-bullio...

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