Bitcoin Technical Analysis, Gold/Silver - Tuesday, Jan. 30

Today we discuss briefly the current Bitcoin chart as well as some general news and articles surrounding gold and silver and what might be to come.

Video Length: 00:12:14

Disclosure: None.

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Charles Howard 6 years ago Member's comment

So Peter Schiff says #gold will go up... do you think he's right? I know some people love him, but some don't think he knows as much as he thinks he knows.

Jeremy Stacks 6 years ago Contributor's comment

Yeah, I've heard back and forth about him. I would have to read up a bit more on him and his history to have a more educated opinion - but referencing that article, I think he's just hinting at the possibility of a technical breakout. Lots of goldbugs out there may agree with him, I personally think with what we've seen in the market as a whole lately, gold is going to hang around its current levels for now. Might touch $1400+ with other support, but realistically I don't see it surging to the 16-1700 area like some say - at least not yet! :D

David M. Green 6 years ago Member's comment

Schiff isn't perfect and certainly isn't right 100% of the time. But he's a smart guy and I like what he has to say: www.talkmarkets.com/contributor/Peter-Schiff

Currency Trader 6 years ago Member's comment

Good stuff. Lately I can't get enough of #bitcoin! it's been one heck of a wild ride! $BITCOMP.

Jeremy Stacks 6 years ago Contributor's comment

Swing it! Money can be made for certain.

Jeremy Stacks 6 years ago Contributor's comment

Hey everybody! Thanks for showing some love and support! I will certainly include links to the articles from here on out, and here are those I mentioned today:

Gold & Silver Manipulation: www.kitco.com/.../...SBC-For-Spoofing-Markets.html

Metals Up Slightly as Dollar Weakness Resumes: www.kitco.com/.../...-Dollar-Weakness-Resumes.html

Gold to Hit $1,450: www.kitco.com/.../Gold-To-Hit-$1450-Silver-To-Outperform----David-Morgan

Also Alexis - I think generally the market saw a good pullback to the early start of this week. Plenty of that due to the anticipation (and some anxiety) regarding what the #president might say. In addition, what we saw with the healthcare shakeup today really stirred the market in generally. I'm hoping to see a good rebound across the board in the coming days! As for metals, I'm okay with the dipping before ripping so to speak - great for the stackers!

Thanks again everyone!

Terrence Howard 6 years ago Member's comment

Good article selection but I never liked Kitco's site. All the same articles can be found elsewere (including here) and the site itself is so ugly and 1995.

Jeremy Stacks 6 years ago Contributor's comment

I hear ya man, thanks for pointing that out. Any suggestions I should check out? I use kitco primarily just to find the latest gold/silver news all in one spot but I'm certainly open to looking at others! :)

Duke Peters 6 years ago Member's comment

Lots of instability and volatility for sure. And I agree that #Robinhood won't really matter much.

Jeremy Stacks 6 years ago Contributor's comment

It is certainly something interesting! Blockchain will go far - but hundreds+ cryptos perhaps not so much!

Alexis Renault 6 years ago Member's comment

Thanks @[StackingThreePercenter](user:60553), can you please explain why anticipation of #Trump's State of the Union address is causing precious metals to drop?

Ayelet Wolf 6 years ago Member's comment

Thanks @[StackingThreePercenter](user:60553). Can you include links to the articles you mentioned in the video?

Barry Hochhauser 6 years ago Member's comment

I'd also like the link to the article about the European banks spoofing/manupulating the gold/silver markets.

Jeremy Stacks 6 years ago Contributor's comment

Posted above my friend, thanks!

Bill Johnson 6 years ago Member's comment

Ayelet, you can find all the authors he's mentioned right here on TalkMarkets. @[Peter Schiff](user:5270), @[David Morgan](user:22941) and pretty much anyone who is anyone that covers #gold, #silver and other #preciousmetals can be found in this section here: www.talkmarkets.com/.../goldprecious-metals

#Bitcoin, #Litecoin, #Etherium, #Ripple and other #cryptocurrencies are all found here: www.talkmarkets.com/.../cryptocurrencies

Enjoy! $GLD $SLV $BITCOMP $ETH-X $LTC-X $XRP-X

Craig Newman 6 years ago Member's comment

Nice video.

Once again "banks are spooffing and manipulating markets“... Shocker!

$DB $HSBC $UBS