Both GOLD and SILVER taking a beating down $3.50 today it was not that long ago in the silver markets changes were in the tenth of a cent now we’re seeing big numbers in dollars today were in the minus only a fraction away from the $50,s … What’s next ?
Am I seeing things or has silver dropped around 50% from it's top on 1/29/26---same day I broke my hip.
I don't know..... When I joined up on CT silver was below twenty an ounce. I bought myself a lot of old silver dollars and ASE's.... Not because I was a financial wizard but because I like coins and stacking was in my comfort zone. Frankly, I was terrified when silver was in the $90.00 range because I feared it was a harbinger of doom. I am comfortable with sixty dollar silver. I think it is a sweet spot.... And if it moves a few bucks either way.... I am still waaayyyy ahead.
It’s all down, PM’s and stocks. Inflation fears and a strong dollar are leading the way for the price drop. Yes, it’s down almost 50% from its high.
I think most of u I think most of us all timers are way ahead of the curve, i bough sllot of SILVER in the mid $20 range and GOLD in the $2,400 range and i have been buying up the ladder ever since, for me not looking for any get rich scheme, just a little profit down the line
I've been telling you folks all along: expect things to keep sliding until this weekend, which is the big regional coin show where I had been planning to maybe lock in some profits. The next spike should be coming along right about Monday or so.
Well I just finished divining some chicken guts (the chicken wasn't harmed) so I know exactly what silver will do.
Today, I plan on selling the remaining 9 ASEs/Maple and Kangaroo I have and switch it for gold. At today's Silver price, I might only be able get a classic quarter eagle though, but it's something.
Doesn't make sense to me. Fear of inflation generally drives PMs up, not down. Gold is dropping like a rock too.
