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Moderator
 United States
189340 Posts |
You may be right.  Seems to be hovering just below ~$58 now. |
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Pillar of the Community
United States
1126 Posts |
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You may be right.
Seems to be hovering just below ~$58 All we need now is for nobody to do or say anything really dumb or crazy that might upset the Market's in the next few weeks. |
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Moderator
United States
189340 Posts |
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All we need now is for nobody to do or say anything really dumb or crazy that might upset the Market's in the next few weeks. Good luck with that.  |
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Pillar of the Community
United States
1126 Posts |
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Good luck with that. Yeah tell me about it, if my account is Red tomorrow all I have to do is check the news.  Quote:
That's when we saw the big run up in November, December and what finally lead to the big FOMO blow off top in January.
Just to add on to that. It's clear that the January skyrocket ride to $120 was the culmination of several influencing factors. And that it should have never happened. So the silver Bears should just give it up already.  Most of the people that bought at the Highs have probably all sold already and moved on, or they don't plan to sell. But anyway, you have to admit that it was one heck of a fun ride. Something to tell the grandkids about.  And to put things into perspective right now Silver is around the price Zone in which it was before the crazy bottle rocket went off. So with that being said, I think we're going sideways for the rest of the year, in my opinion.  |
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Moderator
United States
189340 Posts |
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Yeah tell me about it, if my account is Red tomorrow all I have to do is check the news. True that. Quote:
But anyway, you have to admit that it was one heck of a fun ride. Something to tell the grandkids about. Indeed. Or forum denizens of the future, as we have seen here with past run-ups.  Quote:
...right now Silver is around the price Zone in which it was before the crazy bottle rocket went off... I think we're going sideways for the rest of the year... A fair prediction. |
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Pillar of the Community
Portugal
674 Posts |
I think it will go down more. Industrial metal. Lack of oil.
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Pillar of the Community
United States
1126 Posts |
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I think it will go down more. Industrial metal. Lack of oil. That's a good point. Had it not been for this Oil fiasco and and all of it's economic fallout and effects, Silver would still be at $70. |
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Moderator
United States
189340 Posts |
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That's a good point. Had it not been for this Oil fiasco and and all of it's economic fallout and effects, Silver would still be at $70. I agree. And once industry picks up again, look out, right? |
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Pillar of the Community
United States
1126 Posts |
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I agree. And once industry picks up again, look out, right? Any increase in industrial demand: electric car batteries, AI Data Centers, solar energy, US Strategic Metals program buying for military use, etc., etc. would all stabilize Silver. |
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Moderator
United States
189340 Posts |
I was thinking of another run, but stable is good. Today seemed pretty stable. |
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Pillar of the Community
United States
1126 Posts |
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I was thinking of another run, but stable is good. Today seemed pretty stable. Another run is always a possibility, and should be expected to happen at anytime. It's only a matter of time and the right things happening. Particularly right now with Silver being Oversold and so many people being short Silver, it could just take one news or economic event to trigger a squeeze up to $70+. Right now the biggest headwind and cause of the decline is the strong dollar and fear of two interest rate hikes this year, due to the high inflation created by Oil, yada, yada, yada. Some economic Data released yesterday came in within expectations and so the Market is slightly lowering the odds of two rate hikes. More news like that and Silver and Gold will be off and running again. |
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Moderator
United States
189340 Posts |
Back in the ~$58 zone this morning. Another calm day?  |
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Moderator
United States
189340 Posts |
We got a nice pop into the ~$59. Will we reach ~$60? |
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Pillar of the Community
United States
1126 Posts |
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We got a nice pop into the ~$59. Will we reach ~$60? Don't know about everyone else but I got a little bit of Green on my screen already. Of course this will be just another one of many, many flips for me. Take a little off the table and hold the rest to $60+ It's not easy holding your nose and buying the dips. Takes a lot of practice and good timing, also a little bit of Guts.. But I think from now on my 'BUY Signal' will be when all the 'Silver Bear's' and hater's start crawling out of the wood work.. That's when you know it's time to buy.  Edited by Harry213
06/26/2026 10:44 am
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Moderator
United States
189340 Posts |
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Don't know about everyone else but I got a little bit of Green on my screen already. Excellent!  Quote:
Take a little off the table and hold the rest to $60+ Silver is doing the sideways chop in ~$59 after the bump. |
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Posted 06/25/2026 11:12 am
