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

That's understandable barryg because I do write an awful lot so it's already TLDR. And then some of it gets chopped up and snipped out and re-quoted with only the positive highlights and added emojis. So it falls through the cracks even more. Sometimes I don't want to break people's hearts with the ugly truth and just say hey man it's going down next week okay just deal with it for a little while or something. And some of it is lost in the innuendos and hints that I hope people get but they don't always do. There's been plenty but here's a few snips.

On October 5th I wrote



On Oct 7th Jbuck responded



On Oct 8th I posted what I thought about an old man coin dealer had said silver should be between $40 and $50



There's plenty to read in between, before and after these posts. What you won't see are my fancy multi colored charts with arrows and indicators because then nobody will pay attention.

So I think the other half of you're post is what's going to happen next. And I'll answer that in a separate post because otherwise this one will be 3 pages long and I'll be until I'm unconscious.

But here's a hint. The answer to the question of what happens next requires putting in the same time and the same work it took to know that Silver was going to between $55 and $60 this week.. Research, charting, looking at all the economics behind, Dollar, Gold, Treasuries, equities, etc. and how they behave in relation to Silver or how Silver moves in reaction to them.

You want the edge? You want the answer? This is how you get. The problem with people is they want the easy answer, they rarely know what's required to get it. There's an expression we used to say in my industry "if it was easy anyone could do it"... But stay tuned, I'll set the stage for you, one piece at a time hopefully it doesn't fall through the cracks this time.

I feel like the flex seal guy, "but wait there's more".. one other thing you'll note that I haven't said is back up the truck and buy, buy, buy. Yeah, yesterday for sure was a buying opportunity, finally. But before that take note that for a few weeks before the dump I ended a half dozen posts with "Keep Stacking, Don't Sell". Why would I emphasize and keep reminding people not to sell? Because I knew what was coming and that people panic and sell. And this isn't over yet, the next crash you sell into you might not be able to afford to buy it back. And "keep Stacking"?, sure, that's a long term strategy, buy an ounce a week or a month continuously forever, in 5 or 10 year's it doesn't matter.

And barryg sorry if I get a little peeved at the question "where's Silver going next" just a mere 24 hours after Silver did what for a month many people have been fearing and talking about it might do, including me, right here in numerous posts, for the past few weeks, with examples of why. Do you think the Market has decided yet where Silver is going next, 24 hours after the Dump?

This is why we deserve what's coming. It's like the Joker said in Batman "What this town needs is an enema".. And by that I mean a crash, a reset, something that will finally wake everyone up. Even if it brings Silver down to $20 which it might. But It's way overdue.

The education system is meant to prepare people to function in society and to find useful employment. Up until Y2K, the vast majority of people did not need to understand anything about the stock market, commodities markets, banking, world events, or how those things interact. That's a great thing, because most people aren't equipped to understand that stuff.

It is a bizarre and recent phenomenon that so many unprepared people have been forced into direct micro-fractional ownership of megacorporations in their 401(k) or IRA accounts. They don't understand how bonds, commodities, ETFs, mutual funds, and REITs function, either. In the good old days, the pension system took care of that for them with expert professionals.

I don't think it's odd that people want simplified explanations of the correct action to take in a particular situation where they are not an expert. We do that constantly with doctors, car mechanics, software engineers, and a host of other expert professions. We can't all be experts at everything, even the smart folks.

I'm sure it's like nails on a chalkboard when you hear muggles talk about silver trading after watching CNBC. It's probably nails on a chalkboard for doctors overhearing people talking about the magical properties of obscure supplements pitched on YouTube, or actual computer engineers listening to muggles discuss AI and quantum computing. We can't get hung up on those misconceptions, otherwise we will end up with an ulcer, and the muggles will march happily on without ever knowing the difference.

fwiw, I agree with your thought that this is a murky and unpredictable market for trading anything. The stock market is tipping over lopsided with a bubble in some sectors. The Fed can't decide if it wants to fight inflation or keep the stock market white hot. My gut feel is that we are slinking towards an early 2000s tech bubble meltdown with spillover. Sort of a surreal game of musical chairs, but with a weird complication that private equity firms have tied many chairs together with string in a way that the markets and regulators can't really see.

The difference is that doctors and car mechanics are gathering information about your situation to help you fix your body or your car. When you are explaining your situation to the stock market about your problems, the market is looking to gather that information to best extract value from your problematic situation. They call that "extracting economic rents" in the financial industry. So in the market, asking for a simplified explanation usually yields an answer that serves someone else, not you.

Capitalism, for all its merits, is a conduit that ships resources from the ultimate economic losers in society to the ultimate economic winners, and provides a contrived excuse for why this is "just" and "fair."

It may be the best system we have at the moment, but let's not delude ourselves into thinking that capitalism lifts all boats. It lifts a small number of boats at the expense of the vast majority of people in our Country and it is getting progressively worse over time.

The bottom 50% in the U.S. owns 2.5% of total wealth while the top 1% owns 31% of all wealth, and the top 0.1% owns 17% of all the wealth. That means that 1% of the populations owns about 12x and the top 0.01% owns 7x more wealth than half the population in total.

I have zero admiration for people who devote their lives to lightening the pockets of the millions of fools who come into the market to earn a return and don't know any better. Not everyone who works hard in the market is in this camp, but in my experience, it is the vast majority. In the professional financial industry, it is perfectly legal, desirable and part of the business plan to fleece fools. The wreckage that this creates for millions of families is none of their concern. Professional finance has the sheen of being a reputable endeavor in our society, unlike gambling, and that makes the damage that it does more pervasive.

I agree. Just some observations about the world we live in.

It it not illegal to separate fools from their money. However, there are tons of arrogant fools in the financial industry that brag about fleecing their (sometimes millions of) customers for profit. The get investigated by Congress and law enforcement and are made to pay restitution. Hardly ever does a white collar criminal go to jail. They can buy their way out. But they are dragged into Congress and courts and they are publicly shown to have bragged extensively about making the most money when they sell to the biggest fools in the market. The following is just one of endless examples:

During the April 2010 Senate Permanent Subcommittee on Investigations hearings regarding the 2008 financial crisis, lawmakers exposed internal Goldman Sachs communications. While there was no literal testimony about an official "dumbest investors list," internal emails showed employees using derogatory language about the complex mortgage products they were selling and deliberately seeking out less-sophisticated institutional buyers (referred to as "the short squeeze" or "the other side" of bets).

The most famous internal email string exposed during the hearings was between top Goldman executives Thomas Montag and Daniel L. Sparks. Discussing a mortgage-backed security deal known as "Timberwolf," Montag explicitly wrote: "boy, that timeberwof [sic] was one sh***y deal." Despite internal recognition that the product was toxic, Goldman sales teams continued aggressively pitching it to institutional clients, such as pension funds.

During the hearings, Senator Carl Levin and other lawmakers pressed Goldman CEO Lloyd Blankfein and trader Fabrice "Fabulous Fab" Tourre on why they sold assets they were actively betting against. Internal emails revealed that the firm purposefully marketed synthetic collateralized debt obligations (CDOs)—like the infamous Abacus 2007-AC1—to specific institutional clients who held optimistic views on the housing market, while a hedge fund (Paulson & Co.) helped structure the deals specifically to bet against them.

The "Muppets" Letter (2012): Former Goldman Sachs executive Greg Smith published a scathing op-ed in The New York Times after resigning, asserting that managing directors routinely referred to their own clients as "muppets" and looked for ways to rip them off.

General Wall Street Memes: The concept of a "dumb money list" or "dumbest investors" is a colloquial term frequently used on trading desks to describe retail investors or lagging institutional funds that buy toxic assets right before a market crash.

Ultimately, Goldman Sachs did not testify to holding a formalized list of "dumb" targets, but Congress did prove that its employees privately mocked the very investments they pushed onto clients. In 2016, Goldman Sachs agreed to a $5 billion settlement with the Department of Justice, admitting to misleading investors about the quality of the residential mortgage-backed securities it sold leading up to the crisis.