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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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Author Replies: 3,321 / Views: 114,283Next Topic
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jbuck's Avatar
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 Posted Yesterday   1:27 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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Do I think metal's are going higher eventually, yes. And so do many others. Why? Because the current U.S. and global economic system is on it's way down the toilet.


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So with everything that's happening right now, a pull back to $62 for Silver and $4250 for Gold would be the next buying opportunity and a place to wait until the October 28 Fed FOMC meeting.
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Harry213's Avatar
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1327 Posts
 Posted Yesterday   3:17 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
Come to to think of it October 28 seems like an awful long time for Silver to sit around in the low $60s waiting.

But the new U.S. Treasury Secretary Scott Bessent might be the solution. After all the more he speaks the more incompetent he sounds. He calls himself The House, and the House always wins or something like that. Remember what he did with Bonds recently that caused Dollar to fall and Silver to go up.

I think he's completely capable of throwing a hand grenade into the global economy between now and then and sending Silver and Gold to the moon.

During an August 2026 press conference introducing "Operation Economic Outcast" sanctions against Iran.
He asked, "Why would I want to blow up the global financial system?"

Gee, I don't know....
Why would you want to blow up the global financial system?


Edited by Harry213
Yesterday 6:15 pm
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jbuck's Avatar
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NumisEd's Avatar
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 Posted Yesterday   6:06 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
I want silver to go down big until the end of the year so I can buy a lot of coins at the upcoming coin shows. Afterwards, it can go up big.
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Harry213's Avatar
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1327 Posts
 Posted Today  48M ago  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
The U.S. M2 money supply hit a new record high of approximately $23.34 trillion in August 2026, marking continued expansion following previous record levels earlier in the year. Money printer go brrrrrrr... But nothing to see here folks, just go back to whatever you were doing.

Why do I bring this up? Because when people start to hear that when the Dollar goes Up Gold and Silver goes down they start to fear, and some start to hope, that it's somehow going back to near $30

But things have gone far beyond that. And a little more complicated than that now. There is a thing called the Debasement Trade. And yes while the Dollar seems to be going up and metals are going Down, the purchasing power of the Dollar is disappearing. Smart money, central banks, institutions, stackers all know this so they continue buying Gold and Silver and this provides support for as long as the government keeps printing money.

So expect a pull back, not a crash.
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