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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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 Posted 09/06/2026  11:01 am  Show Profile   Bookmark this reply Add sbr to your friends list
Worlds worst phrase is "this time its different ". Except maybe this time it is lol. Waiting for gold and silver to take off again . Go look at the verified investing YouTubes and any of the YouTubes on central bank buying.
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 Posted Yesterday   09:42 am  Show Profile   Bookmark this reply Add barryg to your friends list
The overnight crew didn't do much and silver stayed in the ~$65 zone, but there was just a nice pre-market spike up into the ~$67 zone a little while ago, so we'll see if the day crew can take the ball and run with it.
Edited by barryg
Yesterday 09:45 am
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 Posted Yesterday   11:19 am  Show Profile   Bookmark this reply Add barryg to your friends list

Quote:
We have popped into the ~$68 zone!

You jinxed it, jbuck! Right after you posted that it dropped back into the ~$66 zone.

Is-Silver-Ready-To-Hit-$50---1/29/2026:-Will-It-Hit-$130?---Previous-Milestones-In-First-Post
Edited by barryg
Yesterday 11:22 am
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 Posted Yesterday   11:25 am  Show Profile   Bookmark this reply Add jbuck to your friends list
Yes, a dip, but I still have it in the ~$67 zone. I use the futures chart because Harry told me to.
Is-Silver-Ready-To-Hit-$50---1/29/2026:-Will-It-Hit-$130?---Previous-Milestones-In-First-Post
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 Posted Yesterday   11:29 am  Show Profile   Bookmark this reply Add barryg to your friends list
Well, I stopped using the APMEX chart since it always seemed a bit overly optimistic, so now I'm using the one from Kitco, which seems to be more common.
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 Posted Yesterday   11:33 am  Show Profile   Bookmark this reply Add jbuck to your friends list
I was using Kitco, but I got tired of not seeing what Harry was seeing when he posted, so I switched a while back.

It is all relatively close at least, right? At least is is not like one says we are in the mid 50s while the other is in the mid 60s.

FWIW, when I fill the "melt value" cell in my inventory spreadsheet, I drop a dollar or two—down to a whole dollar amount, so $67.35 becomes $65. It is just for fun, mostly to see how my OGP US Mint products are doing. It is not like I am going to "put a price" on anything.
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 Posted Yesterday   1:45 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list
Uggh I'm training someone at work today so I'm missing all the action and can't even make any moolah trading


Some whipsaw action today. I'm looking at December futures prices and the high so far today was $68.98 at around 1pm and the lows were in the $66 area pre market open.

We're seeing these swing moves because tomorrow and Friday are the Big day's with the PPI and CPI inflation numbers coming out, Friday's CPI number is the one to look out for.

Pro tip for charts- try a live 'candle stick' chart with 1 min, 5 min or 15 minute intraday views, that refreshes every second (or as frequently as possible) and with prices close to COMEX.
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 Posted Yesterday   2:20 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
Rocking in the ~$68 zone!

Quote:
Pro tip for charts- try a live 'candle stick' chart with 1 min, 5 min or 15 minute intraday views
I did when I first stopped watching Kitco's page. Then I realized I was not getting much work done because I do like a good chart. Now I just type "s" in Google search and the first thing it wants to auto-complete to is "silver price today" which is good enough for now.
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 Posted Today  3H 7M ago  Show Profile   Bookmark this reply Add barryg to your friends list
The night crew and my beloved N.E. Patriots both seemed to have dropped the ball last night. Back down to the ~$63 range right now.
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 Posted Today  2H 25M ago  Show Profile   Bookmark this reply Add jbuck to your friends list
I was expecting it to go down, just not as much as it did.
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 Posted Today  2H 1M ago  Show Profile   Bookmark this reply Add Harry213 to your friends list
Some highlights from this mornings action.

The major indexes are seeing pressure as oil rallies to $100

The PPI numbers released today were mixed so that's not helping either.

The rise in crude is exacerbating inflation concerns, driving global yields higher, and supporting the Dollar while weighing on equities and Gold. Precious metals are lower but spot Silver is seeing greater losses than it's counterparts.

The expectation from some people is that tomorrows CPI is going to be ugly.
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 Posted Today  53M ago  Show Profile   Bookmark this reply Add jbuck to your friends list
Sideways chopping in and just below the ~$65 zone this morning.
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