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

Silver tanking this morning.

Down to $87.75.

Is this, mayhap, the fabled "slapdown" prophesied in days of yore?

same thing happened yesterday at 8am.

yep, wild volatility, up down up down. it recovered nicely yesterday, but looks like sideways shimmy into the close again today. we'll probably see it poppin' again by tuesday... monday's a holiday, not sure if US markets will be open or not.

i like looking at the chart, observing the lengths of time between ten dollar increments over the past year. silver dragged through the $30 range for months. it's been quite a ride, especially the past four months.

it bounced back up to $90, looks like it's trying to hold that $90 floor.

Is $90 the new $70 ?




IMHO:
I agree it should hit $100 because it's a major psychological level and so people will hold and push until it gets there.

I expect there will be huge profit taking at that time. But if nothing else changes, except for the price of silver hitting the magic $100 mark, what would be the catalyst to send it crashing? Does the industrial demand go away? Do international sanctions go away? Will everyone feel confident enough in the weakening U.S. dollar to dump ALL metal and go back to cash?

Though $100 is a major level, it's not the projected ceiling. There's plenty of talk about $130, $200 and more.

I expect next week could be extremely volatile: Especially if silver hits $100. Add the possibility of more news breaking over the weekend, wether it be financial or geopolitical, will only add to the volatility.

At the moment there are more reasons for metals to stay high than there are for going down.

The base case for Robert Kiyosaki's prediction that silver could gap up to $107 by January 19, 2026, based on current reports and discussions.

* Reports of banks blocking wire transfers to bullion dealers are emerging. Making it harder to buy.

* U.S. Mint is preemptively raising prices on silver products by as much as 80%, canceling prior pre-orders, and showing items as out of stock.

*Institutions are still taking big hits trying to short silver. One of them wrongly assumed that the rebalancing from the BCOM would cause a liquidity meltdown; instead, the $7 billion in paper silver was absorbed by the market without a hitch. The firm was forced to close their short position with a loss of approximately $606,000. This was their second major setback, they previously lost about $2.39 million in October 2025 by betting against the metal.

* Supply concerns: Tesla has reportedly faced difficulties sourcing silver.

* Industrial demand, particularly from EVs, solar panels, and electronics, is a key factor.

* Inflation hedge: silver and gold serve as a store of value against fiat currency devaluation.

* Geopolitical and economic uncertainty continues, making silver and gold attractive safe havens.

* Market sentiment: A sudden influx of buyers indicates strong interest in silver, possibly explaining the easy absorption of the BCOM selloff.

* Clip from a January 15th article by ING:
"In the near-term, prices may consolidate in a range as tariff risks are reassessed and positioning normalises. However, structural deficits, tight physical availability, and ongoing policy uncertainty suggest downside might be limited, with silver likely to remain well-supported on dips. Trade policy developments, macro conditions, and any renewed signs of supply disruptions will remain key" catalysts.

Basically, they're saying your paper/digital dollars are worthless as you can't buy the stuff with them that you wanna buy.
THAT is a very dangerous game to play.