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 Replies: 2,828 / Views: 91,826 |
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Pillar of the Community
 United States
5870 Posts |
And, just in case anybody is interested, the gold/silver ratio hit a low of 44.41 back on January 26 (although it has climbed back up to 46 since then):  That is the lowest it has been since 2011. For me personally, it also means this is the first time my total silver holdings are actually worth more than my total gold holdings, which is quite the shock. |
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Valued Member
United States
403 Posts |
Gold is dropping like a rock now.
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Pillar of the Community
United States
5870 Posts |
Holy crap, what just happened? Silver just dropped something like $8 back down to $113.  |
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Valued Member
United States
403 Posts |
Gold has dropped all the way to January 28 levels...oh wait, that was yesterday.
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Pillar of the Community
United States
1134 Posts |
Quote:
It could be within the realm of possibilities that we go backwards and retest $110 and even $100, considering how exhausted the buyers are looking.
No one panic yet. It's all part of the process. Part of the ride. Part of the volatility. And sometimes Part of the games and manipulations used to shake people out of there positions. |
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Pillar of the Community
United States
5870 Posts |
Well, silver is now below $110. Hopefully it stops before it gets all the way back down to $100.
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Moderator
 United States
190135 Posts |
Profiteers and/or banksters?  Silver is testing the floor. $100 held. $110 was more like a trampoline.  |
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Valued Member
United States
403 Posts |
Quite the bounce. This is certainly an entertaining day. What will happen this afternoon?
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Moderator
United States
190135 Posts |
Slowly rising back. I expect it to wiggle its way back up today. |
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Moderator
United States
190135 Posts |
Looks like $112 is the zone for now. |
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Pillar of the Community
United States
5870 Posts |
Seems to be bouncing back nicely after this morning's massive sell off. Currently at $115-116.
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Pillar of the Community
United States
2504 Posts |
10am sharp, it all went south, but rebounding just fine. there's the volatility harry mentioned, and probably some selling. whatever. the metals are going much higher long-term. nothing has changed. we'll see those big jumps up & big drops down. not for the squeamish.   |
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Pillar of the Community
United States
2873 Posts |
If it can't break through $120 resistance convincingly, maybe I'll look into SLV Puts?  Edited by coin rejector
01/29/2026 1:39 pm
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Pillar of the Community
United States
1134 Posts |
Quote:
Silver is testing the floor. $100 held. $110 was more like a trampoline. The buyer's are sitting at $108 |
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Pillar of the Community
United States
1134 Posts |
Quote:
If it can't break through $120 resistance convincingly, maybe I'll look into SLV Puts? Puts are too risky right now. Safer bet is to buy a strangle. Something like a $75 Put and a $145 call, that's the expected 60 day range. As long as it stays within that range to expiration you're making money. Edited by Harry213
01/29/2026 2:32 pm
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Replies: 2,828 / Views: 91,826 |
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Posted 01/29/2026 10:21 am
