Posted on 02/01/2026 2:14:49 PM PST by nickcarraway
The price of gold fell from a record $5600 to $4770 per ounce. On Friday, the price of silver fell by 31%. This is the biggest percentage drop in the price of this bullion since March 1980. What could be the reasons for such declines?
Gold hit a new record high on Thursday at $5600 per ounce. Silver was trading at $120 per ounce. Suddenly, precious metal prices began to fall. By Friday evening, gold was already costing $470 per ounce.
Gold fever reached a new high at the beginning of 2026, with prices hitting a record earlier this week. All over the world, people queued up to sell bullion they already owned or to buy it.
Consumers went to local retailers to cash in their gold jewellery. Some are buying gold coins or bars for the first time. Others are investing in exchange-traded funds, trading the value of the metal in a way similar to trading shares.
(Excerpt) Read more at euronews.com ...
As Jim Willie put it, if you believe this silver action from January 30 was driven by legitimate market forces and not by corruption, then you will believe a man is a woman.
Monthly closings:
2025
January $41.02
February $42.50
March $45.00
April $48.00
May $50.00
June $55.00
July $60.00
August $65.00
September $70.00
October $75.00
November $78.00
December $80.00
January 2026 $85
In the big picture, Fridays smack down means little to stackers. Keep stacking.
nobody on earth knows future prices ...
The Euro bankers had a meeting not too long ago, about 120 of them I think it was in Switzerland (of course). They were asked to jot down on a piece of paper their opinions of the price for silver where it will stabilize, and throw the piece of paper into a hat.
The numbers were averaged at $400.
“Speculators cashing in on profits or trying to minimize their losses.”
Nope. Major banks like JPM making tons of money.
very scientific ...
What we can be sure of is the banking criminals will continue to use their fund to short silver.
Their fund is not a true fund, it’s a mechanism for shorting silver.
Union Bank of Switzerland (UBS).
No, it was strictly math.
“Are you saying it is time to sell silver and gold? I just would like to have you on record.”
You totally misconstrued bears post.
OTOH, have ever gone on record?
you are very gullible ... when did you make your silver purchase(s)?
It always pays off to step back and look at things from a systemic viewpoint.
What you’ll see is the most prominent emerging dynamic is the criminal actions of the central bankers.
When I say emerging, I mean the public is awakening to what’s going on.
“It came from schmendrickgonifschmuckputzes at JP Morgan manipulating the market. Trying to keep the price down, “
ROTFLMAO!
You are repeating the mantra passed around by the circle-jerk PM shills.
You either have no clue about the silver market or you are in their circle.
I never said I purchased silver. I never said I purchased anything. Maybe what I purchased was Rhodium. Maybe it was Schmodium.
But if you knew what I purchased and when, you’d choke on your words.
so, when did you make your silver purchase(s)?
Tulip bulb futures
I’ll be happy to tell you.
First thought, pm me your name, date of birth, social security information, bank account and routing number.
I don’t really care ... just curious ...
When banks claim to have silver but have none, it’s called fraud.
They’ve gotten away with it Scot-Free for who knows how long. But their day of reckoning is coming.
believe what you want ... it is your right ... good luck ...
When people ask personal details like that it raises concerns.
I will tell you I’ve considered silver to be a reasonable target since prior to 2017.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.