Is Silver Ready To Hit $50 - 1/29/2026: Will It Hit $130? - Previous Milestones In First Post

Today was calm. Ended in the ~$61 zone. Tomorrow I expect more of the same.

Yessir Silver is $61.65 this morning and trending upwards last I checked.. And looking back at this weeks chart for Silver, all it's done is ping-pong between $60 and $62 as you noted previously. Or as I like to put it, nothing but chop chop sideways.

But I promise it will get way more exciting in the coming weeks. Today also starts the 4th quarter,the last 3 months of the year, among other things like the Fed meeting and elections coming up.

So the big money players, hedge funds, investors, traders, political insiders, whatever, will all start positioning themselves one way or the other soon, depending on how they think (or know) things will play out.

They'll be placing their bets with The Duke Brother's, you know as Eddie Murphy says "just a couple of bookies".

Eventually Silver and the Market's will start to lean in whichever direction these "bets" are biased towards. But that doesn't mean that's how it's going to end. There will be volatile days, with wild swings, those are day's where the odds flipped dramatically for whatever reason.

But just like betting on anything. It all boils down to the day of the big event, the last quarter of the game. Will Silver win? Will Silver lose? Do you wake up the next day on a cheap motel room floor smelling like scotch? Or do you wake up the next day on the back of your boat sipping champagne for breakfast?

Oops! Just dropped down to the ~$60 range. Has there been some "next event"?

Nah, you're just not paying close attention to anything that's been written on the Silver thread that you started

I guess it's gonna be a rough few weeks, might I suggest some Dramamine

The guy that shorted Silver at $60 on Wednesday and got turned into hamburger meat on Thursday morning when it went up to $61.60, is having a really good laugh right now at the guy that went Long Silver at $62 a little while ago.

That guy got turned into beef stew when Silver got slammed back down to $60. I know $2 doesn't sound like a lot but those aren't 1 oz rounds they're trading. We're talking contracts for thousands, hundred's of thousands, sometimes millions of paper ounces.

Same thing is happening in the stock market, chop chop, up one minute, down the next. The Market's don't know which way to go, Yet.... Which is why I'm not touching it until after the midterms are over. I like to keep my head firmly attached to my body.

I am always "Long" anyway, but yeah, not making any adjustments for now. It hurts, but it always hurts, and I am still running >9% in my run.


Thank you! 1/6/96 is my "birthday," but I always mark the 6's as a reminder to stay the course.


Between fish sticks and Dover Sole.