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Gold and silver - Prices have dropped after quick rise, will prices stabilize or drop some more.

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Ceiling Cat

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Feb 25, 2009
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Will prices stabilize or drop more after a quick rise or will it drop with the large amounts of supply coming on the market. Refineries at full capacity. My guess is that for the short term ( 1 year ) prices will not rise from current levels. The gold/silver rush is over.

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A Million Dollars in Silver #traxnyc #silver #shorts

An M in silver. Refining business is booming, this is your heads up. TRAXNYC.com #traxnyc #silver #silverprice #jewelry
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Ceiling Cat said:
Will prices stabilize or drop more after a quick rise or will it drop with the large amounts of supply coming on the market. Refineries at full capacity. My guess is that for the short term ( 1 year ) prices will not rise from current levels. The gold/silver rush is over.

www.youtube.com

A Million Dollars in Silver #traxnyc #silver #shorts

An M in silver. Refining business is booming, this is your heads up. TRAXNYC.com #traxnyc #silver #silverprice #jewelry
www.youtube.com www.youtube.com
Click to expand...
People are rotating money now. Its better to invest now in crypto. DCA!

PURR MSTR and BMNR
 
Price drops, buy. China is setting up to run the price. Only buy physical and have it in your hand
 
It all depends on the fed. If Warsh can come up with the right narrative to support a rate cut then gold, silver, and bitcoin will fly high once again.
 
Fucked if I know. I made $130,000 in 2 months with Sprott Silver ETF's. Lost it all on Jan 31. Stupidly bought back in a couple of days later. Lost a shit load more and there it has been sitting for 6 months. If you believe youtube, it is going to explode 10X next week, or stay stagnant for another 10 years. I notice it has gone up a bit in the last couple of days. Wish I had gotten out.
 
I am down ~30% on silver. The small saving grace was that I sold a third of my silver ETF for a 10% loss and put it into paypal, paypal went up ~33%. Combining my silver and paypal, I am down about ~25k.
 
While the war is going on, it's going to be extremely difficult for precious metals to keep demand as most of the countries holding them are selling them to settle other obligations. Turkey being a large portion of it.

Gold Sell Off with Turkey during q2 2026

Prices will trade sideways unless another player needs to protect their currency and has gold reserves.

Gold will go down further if the strait is still blocked, due to the skyrocketing price of the dollar and oil.

The SPR and the IEA stocks are quickly selling barrels of oil into the market to reduce the strength of the dollar tied to oil. SPR is at low levels not seen since 1980's after the gold standard was removed and the Basel accords were formed.
 
My $33,000 loss on Sprott Silver since my February buy back has reduced to $21, 000 in a week. Haven't seen anything this cheering for months. Not that I trust it even slightly. My loss went down $3000 today. Wish I knew what was going on. Nobody tells you.
 
KarlHungus said:
While the war is going on, it's going to be extremely difficult for precious metals to keep demand as most of the countries holding them are selling them to settle other obligations. Turkey being a large portion of it.

Gold Sell Off with Turkey during q2 2026

Prices will trade sideways unless another player needs to protect their currency and has gold reserves.

Gold will go down further if the strait is still blocked, due to the skyrocketing price of the dollar and oil.

The SPR and the IEA stocks are quickly selling barrels of oil into the market to reduce the strength of the dollar tied to oil. SPR is at low levels not seen since 1980's after the gold standard was removed and the Basel accords were formed.
Click to expand...

IMHO the link between Gold and the war is the US fed. With the war going on the fed will not be able to drop rates and may have to increase rates. The dream scenario for gold is if the war continues so that inflation runs rampant while the Fed drops rates, further fueling inflation. That probably is not a realistic scenario, the war ending and the fed dropping rates is more realistic and would be quite good for gold.
 
Should I buy some actual physical gold bars? If people have experience with that where do you buy your gold? I bank with TD and they always advertise gold coins and ounces.
 
Silver seems to be crawling up gradually. Don't know what it really means. My $33000 loss has become a $17000 loss in the last week. Who knows?
 
Robert Mugabe said:
Silver seems to be crawling up gradually. Don't know what it really means. My $33000 loss has become a $17000 loss in the last week. Who knows?
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It started to gain a few weeks ago after the bad US job numbers which reduced the likelyhood of a near future fed rate increase. The past week it got another pump by Scott Besent's decision to double buyback of long-term treasuries which will lower the interest rate of long-term treasuries, it in itself will probably do jackshit to long term interest rates but it acts as a strong signal that Trump is determined to lower interest rates.
 
If it reaches -10% of where I bought Silver, I would get rid of half of my position. I bought 150k USD worth of silver ETF, my regret was the amount, 50k would have been more sensible. I already sold 50k at a ~5% loss, so my actual position is now ~100k. Silver is just too volatile to serve as a store of value.

The 50k of silver ETF I sold, I put it into Paypal and it is up 39%.
 
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-The Fed not raising rates and won't raise rates due to poor jobs report
-Treasury announcing doubling of long dated treasury purchases
-Treasury just announced that they have 1 trillion worth of firepower to buy back long dated treasuries
-The Japan bailout to stop Japan from selling US treasuries

All of this is quantitative easing and is good for non yeilding assets like metals and bitcoin.
 
HungSowel said:
-The Fed not raising rates and won't raise rates due to poor jobs report
-Treasury announcing doubling of long dated treasury purchases
-Treasury just announced that they have 1 trillion worth of firepower to buy back long dated treasuries
-The Japan bailout to stop Japan from selling US treasuries

All of this is quantitative easing and is good for non yeilding assets like metals and bitcoin.
Click to expand...

Fed will have to raise rates short term if credit market confidence is not there. You should start to see assets that have store value like Crypto or Precious Metals starting to climb slowly due to the uncertainty of the US being able to use the Fed Buyback after failing to keep yields low when helping Japan with their assets.

I feel something bad is coming soon in the next two months.
 
KarlHungus said:
Fed will have to raise rates short term if credit market confidence is not there. You should start to see assets that have store value like Crypto or Precious Metals starting to climb slowly due to the uncertainty of the US being able to use the Fed Buyback after failing to keep yields low when helping Japan with their assets.

I feel something bad is coming soon in the next two months.
Click to expand...

In a sensible universe you are correct, in the MAGA universe the Fed will drop rates, when nobody wants to buy short term treasuries the Fed will buy them.
 
HungSowel said:
In a sensible universe you are correct, in the MAGA universe the Fed will drop rates, when nobody wants to buy short term treasuries the Fed will buy them.
Click to expand...
Exactly, better to hold assets because if rates get pressured down, better believe more credit means more inflation.

America is super f*cked.
 
KarlHungus said:
Exactly, better to hold assets because if rates get pressured down, better believe more credit means more inflation.

America is super f*cked.
Click to expand...

The US also just weaponized the dollar again; this time they are threatening to boot countries/companies out of the US dollar system if they help Iran. It is another legit reason for foreign holders to stop buying US treasuries.

The US also has some gimmicks up its sleeve; they are playing with banking regulations to force banks to carry more US treasuries as bank reserves. They are also planning to use stable coins as a new US treasury backed currency. Probably a whole bunch more schemes in the works that I am not aware of.
 
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