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Power price rallies push gold, silver to record highs on safe-haven demand
KITCO NEWS ^ | 1/12/2026 | Jim Wykoff

Posted on 01/12/2026 6:23:09 AM PST by Presbyterian Reporter

Gold and silver prices are strongly up and both hit new record highs in early U.S. trading Monday. Risk aversion is significantly elevated in the marketplace to start the trading week, amid tumult in the Federal Reserve and civil unrest in Iran that are driving safe-haven demand to the precious metals markets. February gold was last up $98.30 at $4,599.30. March silver prices were up $4.849 at $84.205.


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KEYWORDS: delta7; gold; multiplenicks; silver
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To: Presbyterian Reporter

Kitco was my go to 15 yrs ago when buying
rounds. ‘OBama was in I think and ammo Was up IIRC. Got digging to do!


21 posted on 01/12/2026 8:51:28 AM PST by Big Red Badger (ALL Things Will be Revealed !)
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To: Big Red Badger

Obamy Jan ‘09 to Jan ‘17.
Thanks BO
You Stink but I’m making Bank!
.
Wished I’d bought That MONSTER BOX!


22 posted on 01/12/2026 8:57:22 AM PST by Big Red Badger (ALL Things Will be Revealed !)
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To: skimbell

This is a search I just did on EBAY.

https://www.ebay.com/sch/i.html?_nkw=us+silver+1oz+coin&_sacat=0&_from=R40&_trksid=p2334524.m570.l1311&_odkw=silver+bullion+1+oz&_osacat=0

I have bought from Pinehurst Coins out of NC in the past.
If you scroll down through the first twenty they are currently selling US 1 oz .9999 Silver coins for between $95-102/oz.

Bullion Coins are typically slightly cheaper.

Proof coins are typically slightly more.

Only buy coins from dealers located in the USA.
Companies like Pinehurst have been around for a long time.


23 posted on 01/12/2026 9:02:52 AM PST by woodbutcher1963
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To: Presbyterian Reporter

The silver squeeze must be following gold. Bad Vlad Putin, his Ukraine war, his soft war moves against Europe, such as cutting undersea cables, our snatching Maduro. All this making gold rise. Crude would be going up too, but is in oversupply right now.

Gold is the classic safe haven, silver is getting some of this action too. Non-classic safe havens—Bitcoin and Ethereum


24 posted on 01/12/2026 9:42:00 AM PST by dennisw (There is no limit to human stupidity / )
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To: woodbutcher1963

Companies like Pinehurst have been around for a long time.


Currently the best around. The best part? They are an EBay store, you can buy with a Credit Card and not pay the additional 2-4 percent the big boxes charge.

Been with them all the past two decades, Gainesville, JM Bullion, Provident, SD, Apmex, Moneymetals, Tulving, etc...for now, Pinehurst is number one, SD bullion number two.

That said, I like to remind people prices have never, ever been so low when priced in PM’s. USD paper = Inflation.


25 posted on 01/12/2026 9:46:14 AM PST by delta7
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To: delta7

Yes, except they do not accept American Express.
So, you have to use MasterCard to charge the coins.

No 1% kickback(to ME) on my AMX card.


26 posted on 01/12/2026 9:54:00 AM PST by woodbutcher1963
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To: delta7
Companies like Pinehurst have been around for a long time. Currently the best around. The best part? They are an EBay store, you can buy with a Credit Card and not pay the additional 2-4 percent the big boxes charge.

10 Troy oz Engelhard .999 Fine Silver Bar Random Design $939.48<<< at Pinehust eBay store. This shows you how much silver in your hands in going for. About $93-$94 per ounce.

27 posted on 01/12/2026 9:54:48 AM PST by dennisw (There is no limit to human stupidity / )
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To: dennisw

Bitcoin and Ethereum


Bitcoin, - 22.5 percent six months
Ethereum, - 1.5 percent six months

Thin air and traded in paper. To each his own. Good Luck!


28 posted on 01/12/2026 9:54:56 AM PST by delta7
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To: delta7

You’re like Olivia Newton John - Physical (only)
RAM prices are up 2.5-3x so have outclassed silver n gold. And one could have easily bought a few gigabytes of DDR5 RAM back in March 2025, at its low.


29 posted on 01/12/2026 10:00:34 AM PST by dennisw (There is no limit to human stupidity / )
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To: dennisw
Gold is the classic safe haven, silver is getting some of this action too.

,,, silver's making the headlines though. There's a serious deficit for industrial intentions. Gold is big money but everyone, despite silver's rampant price increase - can afford some silver and they can dollar cost average it.

30 posted on 01/12/2026 10:34:34 AM PST by shaggy eel (A long way south of the border.)
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To: shaggy eel

“silver’s making the headlines though. There’s a serious deficit for industrial intentions.”

Mostly fueled by the hype (bubble?) building of AI data centers. Funny how RAM prices are tripling due to the AI centers boom, vacuuming up all RAM production too.

Sliver squeeze and RAM squeeze manufactured by the same source. It has gotten so bad that Apple, Dell, HP and other majors, have key men camped out in hotels in South Korea. To plead n beg Samsung and SKHynix for ddr5 allotments in 2026-7

Is there an AI datacenter boom in New Zealand?


31 posted on 01/12/2026 11:53:16 AM PST by dennisw (There is no limit to human stupidity / )
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To: delta7

Have also used Pinehurst in the past. Nice that they have some lower cost options. Don’t always have to buy the Eagles, MapleLeafs, and Krugerands. That is if your looking for silver content, and are not stuck on provenance.


32 posted on 01/12/2026 11:55:20 AM PST by P8riot (You will never know Jesus Christ as a reality in your life until you know Him as a necessity.)
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To: shaggy eel

“Gold is big money but everyone, despite silver’s rampant price increase - can afford some silver and they can dollar cost average it.”

China has always made silver and gold coequal as currencies. On the same footing as highly desirable precious metals. Great Britain had the pound sterling.


33 posted on 01/12/2026 11:56:33 AM PST by dennisw (There is no limit to human stupidity / )
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To: dennisw
Is there an AI datacenter boom in New Zealand?

,,, Goodman has a large centre in Auckland. Amazon gave up building one on an Auckland site because of power price increases. Datacom has centres in Auckland, Hamilton, Wellington and Christchurch. There will be more companies but those are immediate ones I can think of. Additionally, Infratil (a NZ infrastructure investment company) has 48% of Australia's biggie - Canberra Data Centres. It's going ahead, for sure. Our total population is about 5,2m so I'm guessing we may have a very high capacity per head of population.

34 posted on 01/12/2026 12:42:25 PM PST by shaggy eel (A long way south of the border.)
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To: Presbyterian Reporter
...and civil unrest in Iran...

And what about the civil unrest in the US? Democrats are marching us towards CWII.

35 posted on 01/12/2026 2:41:54 PM PST by Obadiah
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To: shaggy eel

(photos at URLs)
Auckland’s rockpools are being stripped bare in broad daylight. Busloads of Chinese with tools and buckets, zero restraint, zero respect. Kina gone. Cockles gone. Authorities asleep. This isn’t foraging, it’s environmental rape. #nzpol

https://matuakahurangi.com/p/the-rape-of-our-rockpools-how-chinese

https://x.com/MatuaKahurangi/status/2010759700930031795


36 posted on 01/13/2026 5:52:24 AM PST by dennisw (There is no limit to human stupidity / )
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To: shaggy eel

Iseeyou123
@worldiswatchu
·
17h
Thank you so much for posting on this Matua 🙏🏻 Busloads of Chinese come up to Ruakaka/Uretiti beach and put chicken carcasses into the water to attract crabs and then take them but the thousands. My last discussion with them was..heated to say the least 😆
AppleBear
@AppleBear365
·
15h
Have they tried putting a rahui on it? That will stop them.
Operations OAS
@Operations50510
·
18h
I remember myself and others complaining about this in the early 90s, back when I lived in Auckland, so you’re right, it is a decades old problem. Chinese are essentially strip mining the coast.


37 posted on 01/13/2026 5:55:03 AM PST by dennisw (There is no limit to human stupidity / )
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To: aMorePerfectUnion

At this price, I guess I have made out ok on silver. Too high to buy more and more gold is out of the question.


38 posted on 01/13/2026 6:13:50 AM PST by dynachrome (“They don’t kill you because you’re a Nazi; they call you a Nazi so they can kill you.”)
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To: delta7

“Bitcoin, - 22.5 percent six months”

Bitcpoin - + 1,860,000% since you trashed it at $5.

Too bad you missed the ride.


39 posted on 01/13/2026 8:25:35 AM PST by TexasGator (111'11)
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To: dennisw
Chinese are essentially strip mining the coast.

,,, there's so little that's compatible with them living here - plundering, rule of law, corruption etc. Their government is building roads, gymnasiums for schools and all sorts of facilities to buy their way into Pacific Islands too - have been for years.

40 posted on 01/13/2026 11:37:20 AM PST by shaggy eel (A long way south of the border.)
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