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Replies: 2,796 / Views: 89,578 |
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Bedrock of the Community
 United States
25567 Posts |
Stock market has been getting hammered by a "Sell America" rush because of DOJ's subpoenas of the Fed. Investors are going back to safe havens.
Inordinately fascinated by bits of metal with strange markings and figures
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Bedrock of the Community
 United States
10601 Posts |
Quote: Stock market has been getting hammered by a "Sell America" rush because of DOJ's subpoenas of the Fed. Investors are going back to safe havens. When was this? At opening this morning it went down but then rebounded nicely all day - at closing the DOW, NASDAQ, and S&P were all up and did pretty good. EDIT: Looks like metals are dropping slightly overnight.........
Edited by Marv65 01/13/2026 01:54 am
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Bedrock of the Community
 United States
10601 Posts |
Crazy, silver turned around and is at $85.52 - I've enough for today 
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Pillar of the Community
United States
1128 Posts |
Yup, all these reversals in the chart are enough to make anyones head spin  Some of the big drops could be a head fake move meant to trigger stop loss limits. Some of the big drops are due to the 7 billion in paper silver being liquidated this week. Or even margin calls. All of it appears to be getting bought right back up. It's just incredible.
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Pillar of the Community
 United States
5862 Posts |
Wow, looks like it just hit $89!
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Moderator
 United States
189673 Posts |
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Pillar of the Community
United States
1128 Posts |
Silver made an all new all time high this morning I believe.  Came out of the gate like a bull at the open. It may be a little over bought right here. It would be healthy for it to take a break, and I wouldn't be surprised if it started to backfill the gaps and did some consolidating. 
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Pillar of the Community
 United States
5862 Posts |
Quote: That $90 line is gonna get crossed Nearly there: 
Edited by barryg 01/13/2026 10:59 am
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Moderator
 United States
189673 Posts |
 Yes. Getting closer. 
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Pillar of the Community
 United States
5862 Posts |
And now getting farther away... 
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Pillar of the Community
 United States
5192 Posts |
I would welcome a breather for a few weeks or months.
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Pillar of the Community
United States
1128 Posts |
Profit taking. Buy back at lower price. Rinse and repeat 
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Bedrock of the Community
 United States
25567 Posts |
Every day means fewer and fewer silver coins that I'll be able to buy at the Houston Money Show this weekend. 
Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
 United States
54283 Posts |
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here)
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Moderator
 United States
189673 Posts |
Quote: Profit taking. Buy back at lower price. Rinse and repeat Indeed. No straight lines in this game. 
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Replies: 2,796 / Views: 89,578 |