Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Silver Futures - Jan 25 (SIc6)

CME
Currency in USD
Disclaimer
30.73
+0.17(+0.55%)
Closed

Silver Futures Discussions

I've not posted much today other than early this mourning. But what is there to say when a long term breakout is in progress? There is not any prior resistance up until $50. Not yet . We will still have to deal with the resistance of the previous day and overnight highs. Here is the full volatility chart+++https://invst.ly/14wrvb
30s is the new norm: the Swiss group Julius Baer has decided to change its outlook on commodities to constructive. The group now believes that both metals have the potential for further increases, as stated in a note sent to clients and the market on Friday morning. The group mentioned that, in addition to U.S. monetary policy, the gold market is still dominated by Asia. "We have to recognize that the region's willingness to pay for gold as a hedge against economic and geopolitical risks appears even greater than we expected," said Carsten Menke, head of next-generation research at Julius Baer. Weaker-than-expected U.S. economic data have revived hopes for interest rate cuts by the Federal Reserve (Fed, the U.S. central bank), boosting gold and silver prices. This could "be the missing incentive for safe-haven seekers in the Western world to return to the markets," he added.
They should hire me.
Another view+++https://invst.ly/14wrok
today only all high brokan
Monday may be 32.50
Weekly Chart. I dont know when it will start or even if it will start but look for this. Probably has to go a little higher first It happended on the daily in textbook fashion. I will post that under this post+++https://invst.ly/14wrj7
Here it is. I've posted this at least 6 times prior. Textbook quality chart+++https://invst.ly/14wrkf
Some correction is due due to high RSI
Silver, when broke out, they didn't like to stop.
Very little. Lot of shorts jumped in and that can take it to 35
Keep dreaming, it may correct cents, I will be aware if we closed below 30 but from here we targeting 49. every day you see a new high
Last time in 2011 silver went from 30 to 50, it only took 3 months.... history repeats itself... maybe a lot more than 50 this time around!
Gap up Monday…short margin calls are hurting bears then they cover then we see crazy move
Gap up Monday…short margin calls are hurting bears up their gobbagools!
The yearly chart has a 13 yr cup and handle! This proved it. The inflation adjusted price target from 2011 high is $150 an oz. There's a 1 billion oz naked short paper position and 4 years of massive supply shortages. This is going to be the best trade of my life... Won't shake me out... I'll just avg down.
The focus of the US for the next generation will be a fixation on paying down debt. That will come from printing more cash and increasing taxes. Silver will be a better investment than stocks for decades to come
Just hold onto your shorts this clearly is a rollercoaster that is derailed. Silver doesn't move like BTC without a catalyst historically and we don't have a crisis level catalyst. Correction next week bulls are trapped.
clueless. Silver is going a lot higher.
Humble pie
Bulls win today. Good job to those who actually had money long..
congratulations bulls , sadly I am on sell
wtf happened today
Shorts will be big Monday, this going to 49, what a day
Hot take is this is a famous silver fake out. 30.20 ish has to come back sooner than later. See ya sunday boys and girls
sell at every 100 cent up from here. rate cut is not before 2026.
Bankruptcy effort, don't
I’m not sure if it’s a good idea to hold a short position on this through the weekend. Probably better to reestablish Sunday night
Shorts desperate for profit taking to cover.
Margin call for the shorties
now. with this fall, Monday will gap up 32$
BUY every single dip
Yeah, do that until your luck runs out
No luck, crossing 30 is a key, 20s will never showup for a long time now
Manufacturing in recession, net speculative position highest since Jan 2020. It's funny to read about demand / supply
But You have been so wrong most of the time.
silver won't go below $30 the time has come🚀🚀
...
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.