@daniel_diggins@StackSmarter We don’t really import fertilizer from China but we import fertilizer from Canada. China restricts fertilizer exports and Canada suddenly has a bigger market to sell to.
SPOILER ALERT: The Fed is going to print, then print some more. They will keep doing this until even the 0.1% squeal with pain. It's all they know how to do. They are completely indifferent to your suffering. Plan accordingly.
Silver just tested a key trendline that’s been in place since November… and it held.
RSI is now firmly in oversold territory — exactly where you start looking for reversals.
But here’s the part most people are missing 👇
Throughout this entire pullback, accumulation/distribution has continued to rise.
That’s not what weak markets look like.
That’s quiet, persistent buying under the surface by smart money while price shakes weak hands out.
So you’ve got:
- Trendline support holding
- Oversold RSI
- Rising accumulation
That’s a bullish setup.
If this level holds, I think silver is setting up for a bounce here.
Not financial advice.
Been a rough drawdown across the metals, no way around it. That said, when I look at the technicals + macro backdrop, I still lean bullish and personally think we could be getting close to a bottom here.
That said… there’s a lot of uncertainty right now. Middle East escalation, energy volatility, and the real risk of a broader liquidity event.
Even if you’re bullish, I think it makes sense to have some downside protection or dry powder here. Not the kind of environment to be all-in without a plan.
Not financial advice.
DAY 19 👇
IRAN MISSILE & DRONE LAUNCHES:
🚀 BALLISTIC MISSILES:
🔴 Day 1 — 350
🔴 Day 2 — 175
🔴 Day 3 — 120
🔴 Day 4 — 50
🔴 Day 5 — 40
🔴 Day 6 — 32
🔴 Day 7 — 28
🔴 Day 8 — 15
🔴 Day 9 — 21
🔴 Day 10 — 18
🔴 Day 11 — 24
🔴 Day 12 — 14
🔴 Day 13 — 11
🔴 Day 14 — 16
🔴 Day 15 — 12
🔴 Day 16 — 19
🔴 Day 17 — 23
🔴 Day 18 — 45
🔴 Day 19 — 65
🛸 DRONE SWARMS:
🟢 Day 1 — 294
🟢 Day 2 — 541
🟢 Day 3 — 200
🟢 Day 4 — 85
🟢 Day 5 — 45
🟢 Day 6 — 38
🟢 Day 7 — 30
🟢 Day 8 — 12
🟢 Day 9 — 134
🟢 Day 10 — 112
🟢 Day 11 — 95
🟢 Day 12 — 82
🟢 Day 13 — 64
🟢 Day 14 — 78
🟢 Day 15 — 105
🟢 Day 16 — 122
🟢 Day 17 — 146
🟢 Day 18 — 180
🟢 Day 19 — 240
👉 Day 19 marks a massive retaliatory surge following the assassination of Iran's Intelligence Minister. Cluster munitions were used against Tel Aviv, while "revenge" waves targeted the Jubail Petrochemical Complex in Saudi Arabia and the Al Hasan Gas Field in the UAE.
Of course, there's no guarantee that today is the bottom for the precious metals, but I like to buy the dips.
I just picked up a tube of generic silver rounds.
BREAKING: A fire has erupted at Qatar's Ras Laffan refinery following an Iranian attack, according to Qatar's Interior Ministry
Ras Laffan is home to the world's largest LNG facility