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

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Author Replies: 3,396 / Views: 119,376Next Topic
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jbuck's Avatar
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 Posted Yesterday   11:15 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
the correction will have to be of the magnitude of something like the Great Depression of the 1930's.


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Keep Stacking, Don't Sell
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barryg's Avatar
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 Posted Yesterday   4:10 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
I suppose we should be grateful it fell to the ~$59 zone and then just stuck there all day instead of falling any further, right?
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Harry213's Avatar
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 Posted Yesterday   5:54 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply

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I suppose we should be grateful it fell to the ~$59 zone and then just stuck there all day instead of falling any further, right?

Yes, very grateful. Like I said a couple days ago at the top of my post Silver should be below $55 and cruising to $50 right now with all that's going on with the Dollar and interest rates.. On top of that the market just had a Red day. But it's still grabbing on somehow.

Edited by Harry213
Yesterday 6:11 pm
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jbuck's Avatar
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 Posted Today  1H 27M ago  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I believe the night crew believes what you believe. Back into the ~$59 zone, knocking on the door to ~$58.
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Harry213's Avatar
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I believe the night crew believes what you believe. Back into the ~$59 zone, knocking on the door to ~$58.

Gold broke below it's trend line yesterday a lot harder than Silver did yesterday. So much in fact that most trader's I follow went Short Gold last night based on that price action. However this morning Gold isn't looking bad, it's actually a little green. But Silver is looking far, far worse.

But hey, it's not about "beliefs". Once you start looking at the market using math, stats, technicals and all the moving parts behind it, instead of beliefs, it's a whole different ballgame.

Considering that the 10 yr yield is at a 20 yr high, the Dollar is at a 17 month high, the bond market is sounding an alarm, interest rates, inflation, Iran, it's a gosh darn miracle Silver isn't at $50 right now and Gold is not at $3500.

Keep Stacking. Don't Sell. It's going to get worse before it gets better.
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