Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Specializing in Modern Numismatics Coin, Banknote and Medal Collectors's Online Mall Royal Estate Auctions - $1 Coin Auctions300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors Vancouvers #1 Coin and Paper Money Dealer








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

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

To participate in the forum you must log in or register.
Author Replies: 2,904 / Views: 96,567Next Topic
Page: of 194
Pillar of the Community
Harry213's Avatar
United States
1154 Posts
 Posted Yesterday   3:00 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply

Quote:
Same old song and dance.

Yes, well, all of that which has been happening plus what will happen this week plus what the potential outcome of the midterms is shaping up to be. All of that equals a Bear Market coming to a theater near you.

There was a chance to turn things around a couple of months ago, but I think it's too late for that now, we're probably at the point of no return.

From what I'm hearing if we stay on this course the best case scenario is sideways to lower through September until end of year. Until when there will no longer be any point in holding the markets up and then we'll see a lot more selling.

We saw something similar I think in December of 2021, the market went up one last time and then January it was in free fall the rest of the year.
Moderator
Learn More...
jbuck's Avatar
United States
191456 Posts
 Posted Yesterday   5:28 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Rather uneventful day. Markets mixed again. Night crew coming in.
Moderator
Learn More...
jbuck's Avatar
United States
191456 Posts
 Posted Today  2H 46M ago  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Looks like the night crew knocked us down into the ~$57 zone.
Pillar of the Community
barryg's Avatar
United States
5912 Posts
 Posted Today  2H 30M ago  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Hmmm... The truce is supposedly back in place and oil prices are dropping, so you'd think silver and gold would be going up and not down. Again, this is why I no longer try to explain or predict anything.
Pillar of the Community
Harry213's Avatar
United States
1154 Posts
 Posted Today  2H 20M ago  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply

Quote:
Hmmm... The truce is supposedly back in place and oil prices are dropping, so you'd think silver and gold would be going up and not down. Again, this is why I no longer try to explain or predict anything.

Yes but the US Dollar isn't going down. Oil is no longer the Bogey, it's gotten way more complicated now. Think GDP, interest rates, bonds. There was also some shenanigans in the form a of a coordinated effort to lower Oil, by massively shorting it, no need to wondrr who might have been behind that, it worked but that's just temporary. Wait for the bounce over 100. Oh and forget about the so called truce, markets aren't focused on the 'war' trade anymore.
Edited by Harry213
Today 2H 19M ago
Moderator
Learn More...
jbuck's Avatar
United States
191456 Posts
 Posted Today  2H 16M ago  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Maybe everything will become more clear in 98 days, if not 833.
Pillar of the Community
Harry213's Avatar
United States
1154 Posts
 Posted Today  1H 40M ago  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
There's a Ton of weird stuff happening and very interesting dynamics playing out in the financial markets, what with all that's going on in the world.

There is Big money positioning itself, betting so to speak, on one outcome or another.. If the Big money is wrong they'll reposition quickly. And we'll see the repositioning happening in the form of increased volatility and wild swing's in the markets.

One of those many 'weird and 'interesting' things I'll point out for you to watch and take a look at is Gold.

Gold has been chopping above 4K for over a month now.
It's holding there and not budging.

Edited by Harry213
Today 1H 39M ago
Moderator
Learn More...
jbuck's Avatar
United States
191456 Posts
Pillar of the Community
Harry213's Avatar
United States
1154 Posts
 Posted Today  1M ago  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
It goes beyond the psychological price level's that trader's and institutions use to buy or sell.

Gold is far more important than Silver in the financial world. Gold functions primarily as a universal store of value, safe-haven asset, and central bank reserve, making it a cornerstone of global monetary policy.

In contrast, silver is driven largely by industrial demand in manufacturing, solar, and electronics, acting more like a raw material than a financial instrument.

You might as well lump Silver together with Copper when comparing it to Gold.

Gold holds some weight in the world of assets and is used as a benchmark off of which to measure the performance of other assets.

There's a list of commodities and assets that are used to analyze overall market performance. On it are things like Oil, the S&P and it's 11 sector's, bonds, interest rates, and Gold... Silver isn't on the list. It just goes along for the ride.

  Replies: 2,904 / Views: 96,567Next Topic
Page: of 194

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.41 seconds to rattle this change. Forums