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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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Harry213's Avatar
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 Posted Yesterday   11:06 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply

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The saddest part is that we had more than 20 years to buy silver for less than $10, premium included. I bought some, but holy moly, I could've bought sooo much more. It just seemed boring with no real movement.

Yup, many of us here are in that boat. I first became "aware' of Silver bullion when Silver was around $4 an ounce. I was a young lad but somehow I knew it was a great investment... But of course as you said it seemed boring, and the thought of stacking it and socking it away seemed even boring. But here we are again, no movement, seems boring. Is it possible you'll be sad in a few years for not buying at $74?

Quote:
I also note as I have previously, that after each of the two big previous peaks (1980 and 2011) spot took years to settle down a long downward slide.
I ain't saying we're on that road from this peak, things are different now. But, I wouldn't rule out a few years.

Care to share your thoughts or opinion on what this "years to settle down a long downward slide" could look like for the current 2026 "peak"... Like how many years will it take? And what price should it settle at?
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Harry213's Avatar
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 Posted Yesterday   11:25 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply

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Oh my, I've angered the gawds.


My other pet peeve is litter bugs... You know, those people that toss their trash on the ground...

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jbuck's Avatar
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 Posted Today  10H 25M ago  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Meanwhile. Silver had a dip last night. Living in the ~$74 zone this morning.
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Harry213's Avatar
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 Posted Today  5H 43M ago  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
Finally something different.

It took 3 back to back Doji's for Silver to decide. I guess the 3rd try was the charm.

Big Red candle go Down.
But then also every other market index has a big red candle today. So..
What to look for next? For Bull's to push it back up before the close and make a 4th Doji of indecision.
Or, someone sends out a tweet, or an article on Axios (after they make their stock trades of course), and tomorrow we get a big "Green candle go back up" and the crowds cheer.

Worst case scenario, the tweets don't work and Silver makes a lower Big Red candle tomorrow, and the next day, and we buy the dip.

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 Today  5H 34M ago  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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But then also every other market index has a big red candle today. So..

Quote:
tomorrow we get a big "Green candle go back up" and the crowds cheer.

Quote:
Worst case scenario, the tweets don't work and Silver makes a lower Big Red candle tomorrow, and the next day, and we buy the dip.
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jbuck's Avatar
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 Posted Today  2H 22M ago  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
And now we end the day in the ~$72 level.

Overnight crew, do what you do.
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Vector Ze's Avatar
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 Posted Today  51M ago  Show Profile   Check Vector Ze's eBay Listings Bookmark this reply Add Vector Ze to your friends list Get a Link to this Reply

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Overnight crew, do what you do.

Just that a general downward drift over the next few years would be normal, given the recent anomalous peak. Certainly not cast in stone, the dynamics have changed over the decades, and clearly the floor is higher now. But, don't bet the house on an imminent resumption of upward prices. The odds of coming close to the recent spike are remote in the near future.
"To the Moon", is a silly thought that has been expressed by silver bugs for decades. Well, we did that a few months ago.
If you wanted to liquidate then and didn't, hoping for $250 spot, you missed the boat. I didn't sell in 2011, or in 2026. But it seems likely that holding onto the "to the Moon" stuff is pretty fanciful.
Micro managing and analyzing short term charts is not based in reality.
Edited by Vector Ze
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