1Wk·

And the last one before Christmas

Then concerned $PGY . I also find them very interesting. Let's see if the share price performance meets my expectations, if not it's goodbye again as usual!

24.12
PGY
Bought at $22.29
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11 Comments

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I would have bought it a long time ago, but unfortunately it's not available from my broker
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sorry doesn't fit the article, but what is your current assessment of silver? do you see a correction in the short term, if so to what range? i've been short since 69 dollars but it's going up and up 😀
if you look at the weekly chart, there is hardly any consolidation, which looks like a bubble to me and a correction must actually come in the next few days. maybe even profit-taking before the end of the year
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@norisk_noferrari I don't have a crystal ball, but there is unlikely to be a major correction before the end of the year. The institutional investors who move prices are going on vacation. And the few private investors will not move the market that much.
But otherwise I also expect a correction at the beginning of the year, which would also be healthy. I think a maximum of 10-15% could be possible. We are unlikely to fall below 60$.
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@Multibagger yes, i understand. but when they are on vacation, do you not expect any major increases? 😅
will be liquidated with a further 5% increase...
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@norisk_noferrari You never know that with the Asians who negotiate.
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@Multibagger jap was probably nothing 🤣 could still push my liquidation price by increasing my margin. will now only liquidate at 87 dollars. would you hold and wait for a pullback or realize losses. tomorrow zelensky and trump have peace negotiations, if they turn out positive the silver price could correct. RSI is also in total overbought territory
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@norisk_noferrari There will be a correction before 87$. I have considered getting a short Monday with a KO of approx. 81$
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@Multibagger i just love you 😂 a few months ago you bought silver at 35 dollars with leverage but then unfortunately sold too early, but still made good profits. now i unfortunately got in too early on the short (69$) and lost 3/4 of the profits. but it's only losses when i sell the short 😉 when would you realize your short approx. to where could we fall?
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@norisk_noferrari I don't even have it yet. If you had asked me three days ago, I would have said it wouldn't go below 60$. Now I would consider $67 to be the best case scenario. But I would already hedge the profits from 73$. I think 10% is realistic.
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