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In China, #Silver retail speculative sentiment is sub-zero. Social media personalities are making videos to trash silver. An example is the video below. ๐ญ๐คท๐
25,687 views โข 2 months ago โขvia X (Twitter)
36 Comments

Part 2

The producers of those vids are probably paid by their gov to do those vids, just like they are in the US. Strategic metals experiencing declining ore grades and increasing scarcity are in the cross hairs of all sovereigns that rely on the metal. It's that simple & the truth.

Probably true.

So, the sentiment is very low now? After everyone was buying in a frenzy at $100+ during winter? In which case, we might be near the bottom. That is, if we haven't made it yet...

Thatโs how the cookie crumbles.

Low sentiment I think is a good sign for a strong upward movement the minute price changes direction a bit. It only takes a little bit of sentiment change to get it rolling.

We knew it would happen the second JPM moved its bullion desk to Asia. They will do there what they do here.

We love these bottom signals ;-)

Then this is the time to start a position

Clickbait for the emotional amateur traders and speculators. PMs are something you accumulate and hold, not something you rush into hoping to make a fortune.

That's great!!! The bottom is in.

Buy, Buy Buy baby โฆ.buy buy buy - Silver!

Try as they will, miners are on the move today!!! ๐ฅ๐ฅ๐ฅ๐ชโ๏ธ๐ฅ๐ฅ

In the last 20 seconds of part one it says "watched renovation videos and studied immigration policy" ๐คฃ๐คฃ๐คฃ๐คฃ

The silver gong school....forest of silver investors will eventually win over the false evil social media masters clan...

This about sums up futures trading, and silver, for most folks. The reality is, most people barely have 10k to play & if you buy Phizz with 10k doesn't get you much. If you trade futures you can go 10X, but in reality most can't keep what they made and then comes the pain

๐ฎ๐๐๐๐๐ฑ๐ฑ๐ฑ

I like silver is being hated, but I don't like it being hated yet premiums are still so high

Its just a signal to me.. gib me moar silver

I think Ren and Stempie would be more credible as cartoon characters illustrating the silver crash. ๐๐๐๐๐๐๐๐

Well we love to see hate in our favourite metals markets any time ๐๐

Who cares about retail. Plus... seems like a buy signal.

Lol. Ignorance is a bliss

Silver is shit compared to Gold and the way the metals media ecosystem hypes it makes it almost as annoying as crypto fags. Silver will always be second to Gold and most have to get burned in some way before they really learn how treacherous it can be. People stack forever just to sell before it goes parabolic and then come crashing back down again and have the prognosticators call for 300 500 silver along with every overused and tired narrative there is. Silver Shortage, Cartel, Comex, Silver is about to go on a run, silver is consolidating, blah blah if everyone in the metals space would tweet less and sometimes just kept it real and shut the fuc@ up and just let silver do what itโs going to do there prob would be far less bashing by everyone around the world

I agree that sentiment appears negative right now, but that's often when markets become most interesting. From my perspective, the longer-term fundamentals for silver haven't materially changedโstrong central bank demand for gold, ongoing geopolitical uncertainty, industrial demand, and continued investor under-allocation to precious metals are all still in place. For me, the biggest near-term overhang remains the uncertainty surrounding the Iran crisis. Until there is a durable and credible resolution, I expect precious metals to remain highly headline-driven, with sharp swings in both directions. Patience isn't always easy, but in markets like these it's often the most valuable position to hold.

@RealRickRule says he loves a commodity when it's 'hated.' Perhaps this is what Rick means? "Social media personalities are making videos to trash silver."

What do they earn from it? 9.90 course fee? ๐ค

Beautiful signs. The "hated trade" likely sets up the next move... and fundamentals continue to be strong!

Why is this ? They couldn't buy it fast enough in December ?

Buy. Then wait for @jimcramer to recommend sell. Then buy moar.

Retail sentiment on silver going sub-zero in China. Same pattern every cycle. Retail buys the top, trashes the bottom.

Retail capitulating in the largest physical silver market while the metal runs a multi-year supply deficit and solar demand keeps climbing. That's the setup you want, not the one you fear. When the loudest voices are making videos to trash it, the seller base is already thin.

Why do you think that is?

Some people bought near the interim top and they do not understand Gold, Silver and the broader economy landscape.

Thanks Eric. I always enjoy your interviews and watch them all. Cheers

What is the sentiment for gold?

