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

I keep seeing YouTuber channels saying silver and gold going down, and there's 10 sellers to one or two buyers? People needed the cash, and I though if there's more sellers, why the silver prices held steady at current level?

Chop, chop, chop. Still in the ~$61 zone.

Being that Silver has held steady and refused to go below $60 in the face of the surging Dollar and rising interest rates. I have to question- if the Dollar does take a rest will Silver surge higher? It sorta feels that way today.

FYI 'Dollar Up' does not equal 'Dollar Good'.
"Surging Dollar" doesn't mean it's stronger and that you can buy more candy with it now. Surging Dollar is a reference to the US Dollar Index. And that is a measure of the strength of the Dollar against a basket of about 7 other currencies. Primarily the Euro, Yen and Pound. Trader's use ticker symbol DXY or on my platform I use $DXY to track this.

So the Dollar is just stronger against all the other junk fiat currencies. But it's still junk, it's just currently better fiat junk than the other fiat junk.

And it's still losing purchasing power every day like an ice cube slowly melting in your hand. Which is part of the reason why we're seeing what we're seeing with Silver and Gold holding steady. It's called The Debasement Trade.