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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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jbuck's Avatar
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 Posted 02/09/2026  09:25 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
it's a lot more exciting than the Super Bowl.
Poor Pats got whooped!

The ads were kinda meh, too. The only one that I remember that hit was the one for Dunkin'.
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Harry213's Avatar
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 Posted 02/09/2026  09:35 am  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
Aaaaaaand they're off....

Silver went up at the market open.

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jbuck's Avatar
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JohnQPublic's Avatar
United States
81 Posts
 Posted 02/09/2026  11:40 am  Show Profile   Bookmark this reply Add JohnQPublic to your friends list Get a Link to this Reply
Today Shanghai is still 10% ahead, but US and India are close. Looks like we are consolidating in the 80s, then hopefully, we can move up from there.
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jbuck's Avatar
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Harry213's Avatar
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 Posted 02/09/2026  1:31 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
Only bad news I'm seeing is that silver is making lower highs and lower lows on the daily.

Silver needs to break and close above 90 soon or the Bears will be breaking down the door to proclaim victory.
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macmercury's Avatar
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 Posted 02/09/2026  1:57 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I think maybe gold will hit $6,000 before silver hit $130 this time, just a guess.
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jbuck's Avatar
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 Posted 02/09/2026  2:22 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Moving sideways for a while is okay by me. Moving from ~$30 to ~$80 is still a win for the long run.
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barryg's Avatar
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 Posted 02/09/2026  2:29 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply

Quote:
Moving from ~$30 to ~$80 is still a win for the long run.

Indeed! I imagine that anybody who decided to sell off all their silver when it hit $40 is feeling pretty foolish right about now.

In my defense, though, I only sold a relatively small amount of junk silver at that price and it was mostly due to the convenience of being at a coin show...
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Harry213's Avatar
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 Posted 02/09/2026  3:19 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply

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I think maybe gold will hit $6,000 before silver hit $130 this time, just a guess.


Gold is definitely making a stronger recovery than Silver. Gold on the daily chart, so far, is making higher highs and higher lows since the big dump.
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jbuck's Avatar
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 Posted 02/09/2026  3:29 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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In my defense, though, I only sold a relatively small amount of junk silver at that price and it was mostly due to the convenience of being at a coin show...
Convenience matters. Small profit is still profit.
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jbuck's Avatar
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 Posted 02/09/2026  5:01 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Silver at $83.20, high was $84.16. What will overnight bring?
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NumisEd's Avatar
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 Posted 02/09/2026  8:03 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply

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Poor Pats got whooped!

My colleagues were all in the doldrums except me... cause I ain't having a functional TV!
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Marv65's Avatar
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 Posted 02/09/2026  8:36 pm  Show Profile   Bookmark this reply Add Marv65 to your friends list Get a Link to this Reply
Just sticking around 5000 and 80...............
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jbuck's Avatar
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 Posted 02/10/2026  08:16 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
cause I ain't having a functional TV!
You could have streamed it on your phone.
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