Domain: tiger-web1.srvr.media3.us Silver Bugs thread: Silver up 12% for the week on Black Friday started the journey | Page 45 | Money Talk
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re: Silver Bugs thread: Silver up 12% for the week on Black Friday started the journey

Posted on 1/30/26 at 10:07 am to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82153 posts
Posted on 1/30/26 at 10:07 am to
Trump has been cheering for lowering rates. Not so much QE
Posted by TigerDeBaiter
Member since Dec 2010
10713 posts
Posted on 1/30/26 at 10:20 am to
You guys honestly sound delusional… stop listening to the YouTube doomer channels.

If we have a failed auction, nobody will buy your physical precious metals either. The dealers are already back up and essentially weren’t buying yesterday. Everyone knows this is a hot potato
Posted by beaverfever
Arkansas
Member since Jan 2008
35841 posts
Posted on 1/30/26 at 10:23 am to
quote:

Trump picked a guy against QE? Isn't that what Trump has been cheerleading for? That and lowering rates?
I’ll give trump credit. His entire portfolio is QE dependent. This was a bold choice.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
58574 posts
Posted on 1/30/26 at 10:30 am to
quote:

stop listening to the YouTube doomer channels.


I don't.

quote:

If we have a failed auction, nobody will buy your physical precious metals either.


We aren't going to devolve into some Mad Max dystopic environment, go ahead and get the "guns and seeds" theme out of your head if that's what you're thinking. We would quickly drop back to some variation of a barter society, but before long carrying around twenty chicks and four cows to trade for a bin of corn and a box of 9mm rounds will become too cumbersome so people will once again turn to silver and gold as storehouses of value, just as they have throughout history.
Posted by TigerDeBaiter
Member since Dec 2010
10713 posts
Posted on 1/30/26 at 10:33 am to
Keep the downvotes coming… I told you this was your blowoff top. It’s going back to $50
Posted by ronricks
Member since Mar 2021
11541 posts
Posted on 1/30/26 at 10:35 am to
quote:

people will once again turn to silver and gold as storehouses of value, just as they have throughout history.


The most valuable things to barter will be things people are addicted to - cigarettes, booze, pills, etc. guns and ammo would also be valuable. Someone walking around with or hoarding a bunch of gold and silver will just be a sitting duck for someone with guns and ammo or a sitting duck to be physically overwhelmed and have their gold and silver taken from them.
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
21105 posts
Posted on 1/30/26 at 10:54 am to
Shanghai physical still at $122, US bankers should be arrested for their frickery




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This post was edited on 1/30/26 at 11:21 am
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
58574 posts
Posted on 1/30/26 at 11:19 am to
quote:

The most valuable things to barter will be things people are addicted to - cigarettes, booze, pills, etc. guns and ammo would also be valuable.


The addiction aspect is a good point I don't think I've ever seen mentioned.

quote:

Someone walking around with or hoarding a bunch of gold and silver will just be a sitting duck for someone with guns and ammo


Hoarding precious metals doesn't mean someone can't also be strapped.

quote:

a sitting duck to be physically overwhelmed and have their gold and silver taken from them


Which would be an odd thing to do for things which I was just told no one would want (in another post).
This post was edited on 1/30/26 at 11:58 am
Posted by KCSilverTiger
KCMO
Member since Sep 2022
1039 posts
Posted on 1/30/26 at 11:21 am to
In a SHTF type scenario we might not buy things with our purdy silver coins and bars, but they could be melted down and used to make bullets and shot. I imagine knowing how to reload ammo would be a valuable skill to have in that situation. Plus you never know when you might run across a werewolf that needs taken out, and that could feed a family for a good while. For now I'll just collect them and enjoy their beauty until I can't afford them any more. Picked up a sexy 5 oz Libertad this morning, and I'll buy more if it keeps getting cheaper.
Posted by mule74
Watersound Beach
Member since Nov 2004
12670 posts
Posted on 1/30/26 at 11:39 am to
quote:

The most valuable things to barter will be things people are addicted to - cigarettes, booze, pills, etc. guns and ammo would also be valuable. Someone walking around with or hoarding a bunch of gold and silver will just be a sitting duck for someone with guns and ammo or a sitting duck to be physically overwhelmed and have their gold and silver taken from them.


You only need a couple guns. You just need to know how to care for them. You need a lot of ammo.

After that, I think they’ll be a lot of value in canned goods, alcohol, and coffee. Also, random mechanical parts that will be needed for repairing other items.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82153 posts
Posted on 1/30/26 at 11:41 am to
quote:

When charts look parabolic, that means the top is LIKELY to be near. This chart looks parabolic.
^posted at $117


Human nature to think things will continue to go will when you’re in the middle of a parabolic rise. It’s healthy to have pullbacks. Think of a skyscraper, they will topple without proper foundation. Going straight up like silver did means there was no foundation built in the price. This pullback may be painful but it’s healthy in the long run
Posted by TigerDeBaiter
Member since Dec 2010
10713 posts
Posted on 1/30/26 at 11:42 am to
Can’t we all agree this is fantasy and never going to happen barring some hunger games dystopian hellscape. We can’t even keep people at bay walking into a CVS. You think society is going to function bartering? Maybe after a purge event or something, but again… near zero chance it happens and nobody is going to give AF what shiny objects you have.

This has been a moderate industrial use case uptick fueled by a hot money trade. Congrats if you rode it. Just don’t be a generational bag holder. Take the win.
Posted by Lsut81
Member since Jun 2005
84267 posts
Posted on 1/30/26 at 11:43 am to
quote:

This pullback may be painful but it’s healthy in the long run


Its not just Silver

Plat is down 18%
Palladium is down 14%
Gold is down 9%
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82153 posts
Posted on 1/30/26 at 11:45 am to
Correct, all the PMs were in a parabolic rise. Healthy reset imo
Posted by TigerDeBaiter
Member since Dec 2010
10713 posts
Posted on 1/30/26 at 11:55 am to
Exactly… another clue the “this is use case driven” narrative didn’t pass the smell test. (Not saying TTT claimed this).

It was a hot money trade. It’s that trade is done. For now.
Posted by beaverfever
Arkansas
Member since Jan 2008
35841 posts
Posted on 1/30/26 at 11:56 am to
I just bought a GLD leap expiring in June 2028. $330 strike. Screw this.
Posted by KCSilverTiger
KCMO
Member since Sep 2022
1039 posts
Posted on 1/30/26 at 12:00 pm to
quote:

Can’t we all agree this is fantasy and never going to happen barring some hunger games dystopian hellscape.


I do agree with that, yes.
Posted by PeteRose
Hall of Fame
Member since Aug 2014
18044 posts
Posted on 1/30/26 at 12:04 pm to
quote:

The most valuable things to barter will be things people are addicted to - cigarettes, booze, pills, etc. guns and ammo would also be valuable. Someone walking around with or hoarding a bunch of gold and silver will just be a sitting duck for someone with guns and ammo or a sitting duck to be physically overwhelmed and have their gold and silver taken from them.


Someone with gold and silver isn’t a sitting duck. If you need to leave the country, gold is your best choice. Good luck trying to bribe border patrol agents with bread or booze. Good is money. It has a longer history than any fiat currency. It is accepted worldwide. You don’t need to explain it or sell it. And you can convert it to any local currency.


Sure unlike bread, you can’t eat gold. But it’s not meant to be eaten. But that bread will go bad in a week while gold will remain the same 10,000 years from now.
Posted by beaverfever
Arkansas
Member since Jan 2008
35841 posts
Posted on 1/30/26 at 12:08 pm to
The current silver price action is almost impressively volatile.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82153 posts
Posted on 1/30/26 at 12:13 pm to
So now the gold bugs, silver foxes, AND bitcoin maxis can all agree 10%+ moves in a day is not good for the “store of value” claim on a short term horizon.
This post was edited on 1/30/26 at 12:14 pm
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