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Pillar of the Community
United States
1128 Posts |
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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.  there is a definite sense of foreboding surrounding what we are witnessing. |
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Moderator
 United States
189767 Posts |
Shenanigans!  |
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Pillar of the Community
United States
1128 Posts |
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Shenanigans! I was just thinking that recently. "Shenanigans". I think that's the only tool they have left to use in their "bag of tricks".. |
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Moderator
United States
189767 Posts |
Their bag of tricks is nearing empty though.  |
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Pillar of the Community
United States
2483 Posts |
I'm waiting for 6pm. |
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Pillar of the Community
 United States
5863 Posts |
Boom! Off like a rocket to $93 and climbing.
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Pillar of the Community
United States
5863 Posts |
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Valued Member
United States
455 Posts |
If the metal markets ever return silver and gold prices back to the old 1:16 ratio, we'd be looking at $300 silver. A pound of silver for an ounce of gold?
I never thought it would happen in my lifetime, but you know, why not? Gold had its run, now silver is catching up. It only took like 45 years.
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Bedrock of the Community
United States
11904 Posts |
go, go, go...!
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Bedrock of the Community
United States
10601 Posts |
Looks like after that initial surge when the World market opened prices have been pretty stable - Gold holding around $4660.00 and Silver at $93.00
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Pillar of the Community
United States
5863 Posts |
Yep, the rocket kind of fizzled, but at least it didn't crash back down to earth.
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Pillar of the Community
United States
1128 Posts |
Just a reminder;
"the U.S. stock market, including the NYSE and Nasdaq, is closed on Monday, January 19, 2026, in observance of Martin Luther King Jr. Day, a federal holiday, with normal trading resuming on Tuesday, January 20, 2026. Bond markets are also closed, and regular operations for banks, post offices, and most government offices are suspended."
Only COMEX commodities markets and CME Globex trading is open so today is a Very Light day. The real ride begins tomorrow when the retail markets open.
Edited by Harry213
01/19/2026 08:49 am
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Moderator
United States
189767 Posts |
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A pound of silver for an ounce of gold? There are twelve troy ounces in a troy pound, just so we are clear.  Everything would be so much better if the metric system had survived past the 70s.  |
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Pillar of the Community
United States
1128 Posts |
Quote:
Yep, the rocket kind of fizzled, but at least it didn't crash back down to earth. Correct me if I'm wrong, but I believe silver made a new all-time high of $94.365 on the overnight COMEX. |
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Moderator
United States
189767 Posts |
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Only COMEX commodities markets and CME Globex trading is open so today is a Very Light day. The real ride begins tomorrow when the retail markets open. Light day? It is already back up above $94.  Quote:
Correct me if I'm wrong, but I believe silver made a new all-time high of $94.365 on the overnight COMEX. Kitco shows $94.37, so rounded up, yes.  |
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Replies: 2,801 / Views: 89,909 |
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Posted 01/18/2026 4:06 pm
