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

My lordy why is everything, I mean everything, Gold, Silver, DOW, S&P, NASDAQ, Russell, why is all of it so Red today?
No, no, silly rhetorical question alert. Of course I know why.

Oh and hey, the tech sector especially, like the NASDAQ, NQ, QQQ's, why are they down the most?.. Isn't the whole AI thing and Technology sector the only thing holding up the entire stock market for the past 2 months? Including Silver.

No, no, silly rhetorical question alert again.. Yes, yes it is the only thing holding up the entire market.

What a Doozy of a day.. It's feeling pretty grim at the moment at least..

Fortunately or unfortunately? Most people alive today don't know what a "Black Monday" is huh?

Oh boy!!

Sometimes things don't happen "on cue" or when you expect it though. Imagine sitting in a dingy on a lake 60 meters deep. Just you and a big rock and long rope about 40 meters long. You tie one end of the rope to the rock, the other end to your feet. You jump in the lake with the rock simultaneously letting go of the rock. People on shore turn and look but only see you floating there, they don't see the rock plummeting beneath the surface, so they assume "nothing's happening" and go back to their picnic.. Then a little while later..

Alrighty, back to watching the minions from despicable me, they're a funny bunch.. Toodles... And good luck next week..

I think that the bursting of the AI bubble is going to drag down the entire economy, silver included, just like 2008-2009.
Back then it was the housing bubble, mortgage going bad on brick and mortar homes. Now it seems AI investment loans going bad due to the over-construction of brick and mortar data centers. Not to mention the fact that data centers need a huge amount of energy, which so happens to be going up in price courtesy of a bunch of wars going on in Europe and the Middle East.
I just put 10% of my money into a 4.9% CD for two years. Seems like a good deal to me.

I just parked what I could in a CD last June. And while it's not a huge sum, it IS a huge part of my net worth. But it's only paying marginally more than a smaller amount in an interest drawing savings account. Neither one keeps up with inflation under DJT, but it's better than stuffing my mattress with it.