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

With a little bump back into ~$60 zone at the end.

I believe the night crew believes what you believe. Back into the ~$59 zone, knocking on the door to ~$58.

Not only should the metals have been going down by now but the stock market should have also been going down by now. Well actually the stock market has been going down under the hood, 10 out of 11 sector's of the S&P, the Dow, the Russell, all have been drifting down since August, it's just the AI and Technology sector that's keeping the whole thing afloat.

The point is that it's less than 4 weeks before the midterm elections, and we can't have a crisis happening right now can we. That just wouldn't look good would it. Keeping things up for another month until after the elections is not a problem for them. Believe me they are actively managing the situation with Bonds, Treasuries, and Oil and well just about everything, until next month. But they can't stop the clock forever. Eventually it breaks.

After the midterms the crisis can be allowed to happen, or they'll find one. Wether it be a ground invasion in Iran or something we don't know is coming. But a crisis either way. Will it raise inflation? sure. Will it make everything cost more and the Dollar worth less? sure. But they already said we will inflate our way out of debt.

But what's more important about the crisis, wether it be war or something else, is that it will give the Fed the excuse they need to start QE and crank up the Money Printing machine again and start printing cash at historic levels we've never seen before. Money printer go Brrrrrr!!

It's the only way out. And all of this I mentioned doesn't have to happen on November 4th. It can slowly unfold between November and June of next year. But it has to happen.

What happens to the price if Silver depends on the how, what, and when of these events occurring.

Keep Stacking. Don't Sell.
Sell your Pokemon cards or something else instead of your metal.

I've been slowly selling records and MTG cards off and buying silver for the last two years

Records have intrinsically zero value, and boy have some of their collector values dropped off a cliff!

Yeah a lot of those generational and childhood collectibles stuff we just have to either sell them while they're hot and still desirable or just be stuck with them for the nostalgia. Reminds me of my childhood stamp collection. It was a bummer to have to use it as actual postage later on because that's all it was worth was face value. But you can't go wrong collecting coins with Silver in them.

So I watch a lot of YouTube and there's an old timer 80 yr old coin and bullion dealer I watch. I don't agree with some of his political views but he's otherwise a smart and entertaining person to watch. And he's been in the business since the 80's so he must know something right?

But for months I heard him say Silver should be twenty something an ounce because that's how much it costs to produce and China mines it for less. I don't agree but whatever.

So the other day they ask him what he thinks Silver should be at today. He thinks and says, "well I used to say it should be between twenty and thirty, but too much time has gone by, and also inflation. So now I think it should be about $40" I'm not sure if he said between $40 and $50 or just $40... But then he said, "if anyone has been waiting around for Silver to fall below that so they could buy, they may have priced themselves out".

And the kicker, to boot he said, "and if things get worse", referring to inflation, Dollar, elections and stuff, he says, "then eventually even today's prices will start to make sense soon"

Well I'll be a rabbits uncle! I just about fell out of my chair. Even the wise 80 year old man is starting to realize that everything costs more now, and it's probably going higher, even Silver.

Yeah...
And I just caught that clip again and he said it should be in the $40's not $40 so that's somewhere between $40 and $50

I'm not agreeing with him, my point is that this is someone in the coin and bullion business for almost fifty years. Someone who is very conservative. And that until now has stubbornly repeated over and over, for months, that Silver should be in the $20's Just doubled his estimate.

Well the market appears to be saying it should be closer to $55-$60 right now

Still in the ~$59 zone.

What will the night crew do tonight?

Tune in tomorrow. Same bat time, same bat channel.