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

The Stock market is Red across all 4 indexes this Monday morning.

Although Silver has become somewhat resilient against the Dollar, it still remains tethered to the movements of the overall stock market. Down day's like today just pile on to pressure it already had on it from the Dollar.

It's why I said weeks ago that I'd like to see stocks and silver go their separate ways.

low to mid 60's seems to be the new baseline for now.

Just dropped down to the ~$60 zone as per Kitco.

$61.06 as of this post, on the December futures contracts

KITCO has until Thursday Oct. 1st to roll out of September or else barryg

Trading stopped at exactly $61.00 on the penny at 5pm EST

There is an evening maintenance break that happens at 5pm EST, lasts for an hour.

There is a $61.04 Buy order, and a $61.00 Sell order waiting in the queue for when trading resumes at 6 pm EST

Will it go back up by tomorrow morning?

EDIT> correction it hit $61.00 on the penny right before trading ended, the last trade was actually $61.03 though

I'm afraid it's far worst than that...
I'm looking at fractions of a penny.
3 digits after the decimal point. But I've been leaving those out lately.
Yeah it's that bad.

The trades are coming in from around 15 different Exchanges maybe more. It's hard to count because the transactions are scrolling by at fractions of a second, because of course it's done by computers. A human couldn't possibly do that...

So yeah, my screens are like something out of the Matrix

(Live streaming would be the only way to do it justice and properly explain it and what I'm saying on here half the time)

The price action in Silver is looking kind of heavy.

I wouldn't be surprised if it dipped below $61 one more time and threw some "weak hands" over board before continuing.