SILVER decision time

i think metal will crash heavily - trump mental does in like to attack Iran -

He is just showing drama, action, artificially they are increasing metal price

I think ,may be war clouds receded between iran and america.

I still have hope though. 1day doesn’t define trend. And today isn’t even over.

Fundamentally, more things to expect:

  • Budget import duty hike
  • Trump’s after market Friday moves.
  • USDINR crashing

Real doubt. If you could buy at 420k why not at 340k. Like I never understand this about TA. If no additional funds, then I understand.

I could buy more, but that’s increasing my position size even more. If I’m more wrong, I may be negative sooner than later. Also, I may not be able to hold during minor dips, handling that position size.

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Guys silver is like jaguar - they can go both side in high speed - trading in future is danger

Absolutely. So only well tested strategies, with small size and adequate diversification.

Seems Mr. Kevin warsh announcement is likely as a replacement to Fed Chairman Mr. Jerome Powell. They are trying to rebrand Fed image and show a promise of stronger dollar to the world which is generally supposed to be nemesis for the precious metals! Let’s seeif that unfolds or silver supply shortage speaks for itself :wink:

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Highly unlikely that Trump chooses a hawk, given all his deliberate opposition against Jerome… even his tweet yesterday. Since He choose Warsh, He would not play the hawk though.

Rightly said. But this is the insane Trump who has replaced the perceived inobedient hawk in his eyes with even more hawkish fellow :joy:
Who doesn’t want to stay hawk anymore coz he is Trump’s aide… but if he stays hawk then only dollar strengthens for america to be great again… but wait Trump said weak dollar is good now for America!! Fantastic flip flops and 180 degree turns… so weaken dollar which has to be good for gold silver… :roll_eyes::massage_man:

Trump be like

Trump

What strengthen… DXY is flat.

Guess I’m cooked :sneezing_face:

After you exit silver will reverse. May be.

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Can’t even exit though. LC after LC.

Rightly priced now with USD quote. Premium gone.

My calculations put it at premium of 50k

Silver
spot in $ (per troy oz) 90
CIF in dollars 1
91
32.1507
Dollars per kg 2925.7137
Currency Rate 92
Rs Per kg 269165.6604
Customs duty 16149.939624
Cess
Landed Cost per kg 285315.600024
Bank Cost(0.10%) 285.315600024
Final wholesal Price per kg 285600.915624024
MCX Price 340000
Parity/(disparity) 54399.0843759759

The lower circuits by MCX is killing my trade , ridiculous

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It’s 3,04,000 now right.

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nifty in 2026 vs trumph

i think nifty will be roller coaster in 2026 left and right nifty will fly - ending in same place

You bought ETF for Long term right ?