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

Will Silver hit $40?

I must say, I've never heard anyone say, "Oh man, I wish I never did that CD!"

The 2008-9 Housing bubble was Mainly in the US, we in Canada felt very little economic hurt .
In fact the CAD dollar broke par with USD and got as high as 1.04-05 !As to
expensive electric rates , enjoy we will see if we can make them even higher
for you ! BC and Quebec have incredibly low priced electric rates due to the hydro power
created from hydro electric dam projects . We would share with you guys but there
Seems to be a slight problem right now.
Any 2008-9 type crisis based on Tech .,.enjoy south of the 49th!
Not going to bother the rest of the civilized world. The biggest issue
facing the US., 41 Trillion and counting and inflation that appears to be
not be under control. Thus the World wants higher interest rates.
This is completely Bearish for the metals¡

Yes, yes, yes, and sadly yes. Wherever the market goes Silver will follow. And the market fundamentals have changed significantly in the past few months. It's not just the metals that have broken through all their support and trend lines recently. The cracks and broken support and trend lines are everywhere you look. The Technology chips sector ETF SOXX for example just broke through the bottom of an upward channel it's been following and that's been intact for 18 years. Since the bottom of 2008. This is a significant structural shift. That's just one of many examples of what's happening beneath the surface of our stock market right now.

Silver performed incredibly well this year despite all it's challenges. It overcame and held steady through the surging Dollar. The start of the Iran war, rising Oil, and all the geopolitical drama. And I watched it and studied it through all of that and saw it still had a chance at staying above $60 through the year.

It's buried in the archives but sometime last spring after the start of the Iran conflict I came on here and posted about how I had moved all of my retirement money out of the S&P and stocks funds and put them into what the plan calls a bond blend fund. Mostly bonds with limited stock exposure. I said the market is toppy, war might crash it, I'm locking in my gains. So the strategy was, and still is, to only put new money into the S&P and stock funds and buy all the way down. Well low and behold the market went up until the summer. Thanks only due to the AI craze. And then it topped off and went flat in August. So I was a little early but better early than 1 day too late.

But still Silver was still fighting and it even came back up from the upper $50's in the mid summer. I was still trading like crazy (not with my nest egg of course) and Silver could just as easily kept going to $70 and above.

But the death blow to Silver came in October, after the decision to raise rates, because of all the inflation. That's when I started noticing the "shifty" moves or signs that something weird is going on. And I was on here talking about $55 Silver and how I wasn't trading anything with a 10 foot pole until after the elections. And now there's talk in the media about tech selling off and dragging the market down.

And funny how I woke up this morning and see my news feed saying that the market was up this morning thanks to a dramatic drop in Oil futures over the weekend, after the biggest tech sell off since 2025.. Huh? Why? Market up Because Oil prices dropped? Did the war end? And I haven't even woke up yet but then I remember seeing DJT this weekend in the media. Standing in front of a rally with a gigantic Oil Tanker behind him. An Oil tanker from Venezuela no less. And he's saying look at all that beautiful Oil coming in. Millions and millions of barrels. And the crowd cheers. And I put 2 plus 2 together and I start laughing to myself. So the Oil futuures market dropped over the weekend, so the stock market stopped crashing over the weekend. So crisis avoided right before the midterms. Makes sense. We're living in a simulation I guess. A really bad one but a simulation no less.

And recently the Goofy treasury guy was busy holding press conferences in front of the cheesecake factory and Treasury yields have been dropping, haven't you noticed? It's because someone is buying them all up to keep the bond market from imploding. And you know it's not Japan or our allies. So it must be Us. All of this is happening to keep it all from breaking before Tuesday.

But what happens after that?

So perhaps today what your seeing in Silver and the Market is possibly like what you see the crazy, I mean fearless, people do that go bungy jumping off of high bridges. They fall, fall, fall and then the cord stretches as far as it can go and starts to pull them back up. And for a moment they are back up and they're weightless and just floating there filled with adrenaline and euphoria. And then it's time to go down again and the screaming starts again.

What do you think? By Wednesday or Thursday maybe?