Domain: tiger-web1.srvr.media3.us Silver Bugs thread: Silver up 12% for the week on Black Friday started the journey | Page 51 | Money Talk
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re: Silver Bugs thread: Silver up 12% for the week on Black Friday started the journey

Posted on 2/4/26 at 2:03 pm to
Posted by goodgrin
Atlanta, GA
Member since Nov 2003
6999 posts
Posted on 2/4/26 at 2:03 pm to
quote:

Always funny watching the price go up when the American market closes then back down when they are open. They giveth and they taketh away.



Yeah, JP Morgan and the other monster banks involved in the manipulation of metals are desperate to keep their losses down when the PMs rise. I read that every $1 rise in silver is a loss of around 1 billion dollars to the bank's short position until they exit the short positions. Which is exactly what happened last week Friday.
Posted by cadillacattack
the ATL
Member since May 2020
10231 posts
Posted on 2/4/26 at 4:53 pm to

My industry contact informs me that shortages of physical are coming soon . Private mints are running out of gold and silver for fulfilling orders. They are having problems sourcing planchettes.

Likewise, dealers worldwide are scrambling to find certain inventory items.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
73830 posts
Posted on 2/4/26 at 5:20 pm to
quote:

Coin shop had a brutal up charge for AMEX (6.75% vs 3.75% for Visa/MC), but bought anyway. I’m officially all in.
It’s my understanding that your coin shop could have a legal problem on their hands with charging you 6.75% surcharge unless they are actually paying that amount to AMEX.

If they are paying less than 6.75%, that’s misrepresentation.

If it’s a substantial amount of money, I’d consider having a legal professional review it. Sometimes a business will respond to a law office letter.
Posted by KCSilverTiger
KCMO
Member since Sep 2022
1039 posts
Posted on 2/4/26 at 6:33 pm to
The nightly stroll into the 90's has begun again, i see.
Posted by Pimphand
Member since Sep 2021
4661 posts
Posted on 2/4/26 at 8:23 pm to
quote:

The nightly stroll into the 90's has begun again, i see.


Posted by Pimphand
Member since Sep 2021
4661 posts
Posted on 2/4/26 at 9:01 pm to
quote:

The nightly stroll into the 90's has begun again, i see.


Down to $76 again
Posted by THRILLHO
Metry, LA
Member since Apr 2006
50330 posts
Posted on 2/4/26 at 9:02 pm to
The massive drop last week was supposedly due to big bank frickery. Is that happening again? I thought that JPM managed to handle a lot of their short positions with the last drop. Or do people really think that this new Fed guy is going to fix things?
Posted by beaverfever
Arkansas
Member since Jan 2008
35839 posts
Posted on 2/4/26 at 9:13 pm to
How does something with a market as active as silver trade down 15% in two hours? I smell shenanigans.
Posted by Paddyshack
Land of the Free
Member since Sep 2015
11009 posts
Posted on 2/4/26 at 9:15 pm to
quote:

How does something with a market as active as silver trade down 15% in two hours?

Exactly
Posted by KCSilverTiger
KCMO
Member since Sep 2022
1039 posts
Posted on 2/4/26 at 9:16 pm to
These dealers and these ridiculous premiums. That's the bull shite in this whole deal. I'm wanting to buy more and they're still selling eagles for $95.
This post was edited on 2/4/26 at 9:18 pm
Posted by FAT SEXY
California
Member since Jun 2020
1788 posts
Posted on 2/4/26 at 9:17 pm to
They can dump the equivalent of huge percentages of annual mining supply in a single trading day.

There's no commodity more manipulated.

Gold is way more stable
This post was edited on 2/4/26 at 9:27 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82151 posts
Posted on 2/4/26 at 9:28 pm to
Trading like a meme coin
Posted by beaverfever
Arkansas
Member since Jan 2008
35839 posts
Posted on 2/4/26 at 9:32 pm to
Silver is nuts. Sure is pretty though.
Posted by TigerDeBaiter
Member since Dec 2010
10713 posts
Posted on 2/4/26 at 9:38 pm to
quote:

How does something with a market as active as silver trade down 15% in two hours? I smell shenanigans.

Ahhh yes, but no shenanigans when it goes up 10% a day for a weeks…
Posted by beaverfever
Arkansas
Member since Jan 2008
35839 posts
Posted on 2/4/26 at 9:54 pm to
quote:

Ahhh yes, but no shenanigans when it goes up 10% a day for a weeks…
Did I say that or are you just talking to yourself?
Posted by FAT SEXY
California
Member since Jun 2020
1788 posts
Posted on 2/4/26 at 10:59 pm to
quote:

Trading like a meme coin


It's wild watching one day price swings that are equivalent to the average price of my silver holdings.
Posted by FAT SEXY
California
Member since Jun 2020
1788 posts
Posted on 2/5/26 at 12:09 am to
What would the Gold/Silver Ratio need to hit to get some of y'all to trade Silver for Gold?

Vice/Versa thoughts are also welcomed.

I know a few stackers that try to play this angle, but I never have.
This post was edited on 2/5/26 at 3:35 am
Posted by Rankest
Alpine
Member since Aug 2025
347 posts
Posted on 2/5/26 at 1:29 am to
I did a mild Fibonacci retrace in my mind on the 2011 peak and subsequent lows.

If Silver follows a full mirror pattern, then the bottom this go round would be around $34ish.

Disclaimer: I don't think things are the same these days. The world is buying more and Basel III with Gold gives it substantial support that wasn't there before (Silver will always track Gold in some capacity)

Not to mention the ever expanding money printing.

This is just a thought experiment for grins. If you want my opinion, I'd say the $55-60 range (if it gets there) is where big buyers would start coming into the market.
This post was edited on 2/5/26 at 1:31 am
Posted by Rankest
Alpine
Member since Aug 2025
347 posts
Posted on 2/5/26 at 1:50 am to
To add on to this: Silver is used 35% more in industry now than it was in the year 2011.

So to add 35% to my bottom estimate of $34 we're looking at $45 spot price at the bottom.

The real caveat: M2 money supply per person from the year 2011 to now has increased by over 100%

If we apply that logic to my $45 number, then we're over $90 and right now is priced below the bottom.

I'm just fricking with numbers and percentages
Posted by TigerDeBaiter
Member since Dec 2010
10713 posts
Posted on 2/5/26 at 6:25 am to
quote:

Did I say that or are you just talking to yourself?


No. 50 pages and nobody has… that’s the point. It only is brought up when price goes down.
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