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

Aaaaannnddd I'm out...

I'm no longer short SLV..

I just closed my position for a smaller profit than I wanted, I made just under $1,000 on that one trade today, before lunchtime. Nothing to sneeze at.

A fast Nickel sometimes is better than a slow Dime, take the money and run, Deploy it on something else.

It's one thing to come on here and make predictions on where Silver is going, it's another thing to make predictions And also put a few thousand dollars on the line on being right.

I'm still short GLD with a vertical Call credit spread, but that's just to collect premium though, and I'll close that for a small profit soon as well, once the volatility drops.

Thanks Jbuck

I think, or thought, $62 to $60 would have been a good enough pull back before the bounce.

But $63 could also be the bounce zone, so maybe I got lucky getting out there.

Looks like it's back above $64