Domain: tiger-web1.srvr.media3.us Silver Bugs thread: Silver up 12% for the week on Black Friday started the journey | Page 31 | Money Talk
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re: Silver Bugs thread: Silver up 12% for the week on Black Friday started the journey

Posted on 1/21/26 at 5:21 pm to
Posted by Pimphand
Member since Sep 2021
4659 posts
Posted on 1/21/26 at 5:21 pm to
Well they beat on it and got all the way down to $90.35 at 2:30 EST but the $90 wall held and it bounced all the way back to close at $93.11

Now we are carrying the trend of blasting it down as soon as Shanghai trading hours open.

Seems to be the new norm they haven't been able to really impact a daily close too far to the red since the 29th and 31st of Dec 2025.

This post was edited on 1/21/26 at 6:49 pm
Posted by TigerDoug
Lees Summit
Member since Mar 2017
829 posts
Posted on 1/21/26 at 7:53 pm to
quote:

Just note if you sell to the online cats it may be a while before you get paid given their backlog.


I can confirm this. Done several sales with JM Bullion. Most current one initiated Jan 9th and still waiting. Will update when $ received.
Posted by mule74
Watersound Beach
Member since Nov 2004
12665 posts
Posted on 1/22/26 at 10:09 am to
$96. Is this the day? Are we making a run for $100?
Posted by Heisenburger
Bossier
Member since Mar 2015
25 posts
Posted on 1/22/26 at 10:22 am to
quote:

I can confirm this. Done several sales with JM Bullion. Most current one initiated Jan 9th and still waiting. Will update when $ received.

Posted by Pimphand
Member since Sep 2021
4659 posts
Posted on 1/22/26 at 10:41 am to
quote:

$96. Is this the day? Are we making a run for $100?


We hit $95.848 today but actually got to $95.8956 yesterday before they blasted it back down below $91.

Don't think we will run at $100 today as it would require a $7+ day and that would leave some people shook.

I don't expect we will hit $100 tomorrow either because there is no way they will let us have a weekly close above such a massive psychological barrier.

Next week will be critical because next Friday is both week and month end close and if we break $100 and hold by then it will be a $28 up candle. We got $28 up last month during intraday trading but they blasted it down on the 29th over $11. I expect that level of aggression next week but we will see.

Posted by mule74
Watersound Beach
Member since Nov 2004
12665 posts
Posted on 1/22/26 at 10:58 am to
I agree. $100 is the equivalent of storming the beach at Normandy, but then you must hold the beach head.
Posted by FAT SEXY
California
Member since Jun 2020
1788 posts
Posted on 1/22/26 at 10:59 am to
The power is strong in the paper derivatives market

Artificial supply can do A LOT of manipulation, until it can't.
Posted by RollTide4Ever
Nashville
Member since Nov 2006
19858 posts
Posted on 1/22/26 at 11:26 am to
Schiff tweeted that big money is now moving into these stocks.
Posted by PeteRose
Hall of Fame
Member since Aug 2014
18030 posts
Posted on 1/22/26 at 11:35 am to
quote:

We hit $95.848 today


Prices are so high that superheroes are hunting Silver Surfer for his melt value.



Posted by DrrTiger
Gulf of America
Member since Nov 2023
2481 posts
Posted on 1/22/26 at 12:05 pm to
When my son was born, I bought a tube of 20 American Silver Eagles from his birth year with the idea that I would give it to him when he graduated high school. I think I spent less than $400. Now they're going for over $2000. Hopefully the kid doesn't cash them up for something stupid.
Posted by Pimphand
Member since Sep 2021
4659 posts
Posted on 1/22/26 at 12:23 pm to
quote:

The power is strong in the paper derivatives market

Artificial supply can do A LOT of manipulation, until it can't.


I have a feeling someone somewhere will finally decide to chokehold CME/COMEX into failure to deliver force majeure and that is when the leverage derivatives complex will start to unwind into the worlds largest game of hot potato/musical chairs.

They won't do that until they have secured their portfolio in counterparty risk free assets because the last thing they want to do is force the melt before they have taken their seat to watch the fireworks.

Will it happen this year? Perhaps. Can they kick the can down the road a while longer? Definitely. I can't get time right but the overall path forwards is crystal clear.
Posted by JL
Member since Aug 2006
3235 posts
Posted on 1/22/26 at 12:25 pm to
I've got a bar of silver thats been sitting in my gun safe for like 8 yrs. Was debating taking it to sell if it hit $100. I think i paid around $18/oz when i bought it.
Posted by Hobie101
Member since May 2012
931 posts
Posted on 1/22/26 at 12:56 pm to


So much temptation to hit red button. How long is this going to continue?
Posted by FAT SEXY
California
Member since Jun 2020
1788 posts
Posted on 1/22/26 at 1:11 pm to
quote:

How long is this going to continue


Posted by squidburger
Sweden
Member since Jan 2013
200 posts
Posted on 1/22/26 at 1:56 pm to
Posted by PT24-7
Member since Jul 2013
4579 posts
Posted on 1/22/26 at 1:59 pm to
I have some silver and some cash. Should I buy more silver with the cash?
Posted by OccamsStubble
Member since Aug 2019
9541 posts
Posted on 1/22/26 at 3:04 pm to
quote:

How long is this going to continue?


How long will we continue to print $2,000,000,000,000 per year and devalue the dollar?

I’d bet that long. It’s math
Posted by Pimphand
Member since Sep 2021
4659 posts
Posted on 1/22/26 at 3:23 pm to
quote:

I’d bet that long. It’s math


Posted by Lsut81
Member since Jun 2005
84232 posts
Posted on 1/22/26 at 5:14 pm to
Currently 97.36...

Does it break 100 tomorrow?
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
21064 posts
Posted on 1/22/26 at 5:33 pm to
quote:

Where will you be able to sell it



Actually may be an issue in the short term as apparently the wholesaler / middle men are having a liquidity crisis. Apparently they short silver to balance the metal they carry to try to keep things even at 0 (hedging) so the carry no risk on normal price moves and make all their money on the premiums from sales, but the price has been moving too fast and so they’re losing their asses on the short side:

quote:

Silver wholesaler liquidity crisis


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I’m not worried about it, it’s not going to be a quick top then crash, demand is limited for many years and supply is going to keep going up, so eventually this gap will be filled.

Guess you could miss out on selling at an over value price before a pullback but it seems like we are still a good ways from that.
This post was edited on 1/22/26 at 6:16 pm
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