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Some upward pressure in silver?

Posted by Buygold @ 7:31 on January 6, 2025  

Although it’s pretty volatile. Was up as much as $.86. now up $.62. Gold is doing nothing, up $3. They won’t allow both to soar. The shares aren’t really celebrating all that much, although it’s pretty early still.

I looked at the metals a couple times overnight and gold had been down, and silver up $.15. Whatever happened to silver has happened in the last hour or so.

The dollar is taking a header down almost 1% – no clue why. Rates are flat. Nasdaq soaring, up another 1%. Bitcoin up 1%, oil up another $.50

European markets are strong as well. Looks like the west is opening the new year with some optimism. Japan and China not so much, but Taiwan looks good.

I guess we’ll see what happens. Right now, it looks like a pop n’ stop, as the criminals work to move silver back toward $30. I’d feel a lot better if the shares were really ripping, but not yet.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.