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

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jbuck's Avatar
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 Posted 06/30/2026  5:12 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
The afternoon slope was downward. Back into the "normal" ~$58 zone. Tomorrow we do it again.
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jbuck's Avatar
United States
189767 Posts
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Harry213's Avatar
United States
1128 Posts
 Posted 07/01/2026  1:41 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply

Quote:
Nice little pop above the ~$60 line this morning.

The September silver futures (the currently traded front month) shows a high of day so far was $61.54

I sold just below $61, all the positions that I bought last week when Silver was in the $57, $58, $59 range.

A whole week sure seems like an awfully long time to wait for Silver to move a few bucks. But this is what it used to be like a few years ago. Not as exciting as when it was moving a few bucks an hour and on a daily basis a few months ago..

Anyways I'm out for now and taking whatever I can get ahead of tomorrow mornings 'Job's Report'. Never know how the markets might or might not react.

Also tomorrow is the last trading day before the long holiday weekend, and you know what that sometimes means.

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jbuck's Avatar
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 Posted 07/01/2026  2:01 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Also tomorrow is the last trading day before the long holiday weekend, and you know what that sometimes means.
Yes. Yes we do.

The sideways chop has a slight rake, dipping into the ~$59 again.
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jbuck's Avatar
United States
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 Posted 07/01/2026  4:19 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
We are going to end up where we were yesterday afternoon.
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mrwhatisit's Avatar
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2962 Posts
 Posted 07/01/2026  4:37 pm  Show Profile   Bookmark this reply Add mrwhatisit to your friends list Get a Link to this Reply
Well, I have been following along this thread for quite some time, and has been much fun reading everything said so far.

For me personally, this is a buyers market for my holdings, so I have been buying a few ounces plus in the last few weeks, regardless of what type of silver it is, from coin bullion to American silver, to foreign silver, tokens and medals, etc.
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jbuck's Avatar
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 Posted 07/02/2026  08:54 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Well, well, we had a nice little pop to ~$61 at 8:30 AM EDT.

Gold had the same pop.

Not expecting it to hold, but someone had a need.
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jbuck's Avatar
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 Posted 07/02/2026  11:29 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
We had a bump up to the ~$62 earlier. Sideways chopping the ~$61 zone now.
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jbuck's Avatar
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 Posted 07/02/2026  2:34 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
So we sloped back into the ~$60 zone this afternoon. The gold chart looks like a copy and the markets are mixed.
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jbuck's Avatar
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 Posted 07/02/2026  5:06 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Silver ended the day kissing the ~$61 zone. I wonder what will happen over the long weekend. We will find out Monday.
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barryg's Avatar
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5863 Posts
 Posted Yesterday   07:07 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
No need to wait until Monday, since the rest of the world is still trading. Silver up to ~$62 overnight.
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