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Posted on 01/23/2026 6:44:54 AM PST by delta7
We’re witnessing yet another record-setting day this past Thursday, as both the gold and silver prices are sharply higher again, and have set new all-time record highs.
image-20260123161106-1
The silver futures hit a low of $90.15 the prior day after the sharp selloff that began just before 2 PM Eastern, but are currently up $3.26 to $95.90, and surged as high as $96.72 earlier this afternoon.
As silver trades at $95.90 in New York, it’s currently trading at $108.64 in Shanghai.
The gold price is also experiencing another record-setting day, with the futures currently up $79 to $4,916. The latest all-time high is currently $4,927, set earlier in the session.
In terms of the ongoing silver rally, just in case the price movement itself wasn’t evidence enough that there remains an ongoing situation in the Chinese industrial silver market (much as we’ve been suggesting over the past few weeks), then just wait until you hear what Bloomberg reported about conditions in the silver market in both China and India (we’ll leave London aside, where they had their own crisis this past October).....
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Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
Fun fact: Since its peak in November 2021 Bitcoin is now down over 50% priced in gold....
Silver is $99/oz this morning. Gold is nudging up to $5k/oz.
What are you buying?
Silver?
Gold?
Bitcoin?
“Fun fact: Since its peak in November 2021 Bitcoin is now down over 50% priced in gold....”
Fun Fact.
You trashed bitcoin years ago.
$10,000 invested 15 years ago and you would be a billionaire .
Too bad you missed the ride.
Silver is $99/oz this morning. Gold is nudging up to $5k/oz.
“”””If decades of history is correct ( it is), we are now at 50:1 in the GSR which is still not in line with the 20:1 our Constitution mandated and is considered the centuries norm.”””
In 2011 gold peaked at $1900 and silver peaked at $50 which is about a 40:1 Gold/Silver Ratio.
So the next likely move is for silver to go to GSR 40:1.
“If decades of history is correct ( it is), we are now at 50:1 in the GSR which is still not in line with the 20:1 our Constitution mandated and is considered the centuries norm.”
Please cite that part of our constitution ...
I know where India is but where is “October”?
I just calculated the GSR from current prices. Its at 48+
That would put silver at 125.
It’s now over $100
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