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re: Silver plunges 30% & gold tumbles as Warsh pick eases Fed independence fear

Posted on 1/30/26 at 7:23 pm to
Posted by Timeoday
Easter Island
Member since Aug 2020
23047 posts
Posted on 1/30/26 at 7:23 pm to
Posted by cadillacattack
the ATL
Member since May 2020
10785 posts
Posted on 1/30/26 at 7:38 pm to
quote:

Members of Congress dump Gold and Silver holdings and announce a balanced budget agreement. Future Headline.
Posted by LSUJames
Benton, Arkansas
Member since May 2024
333 posts
Posted on 1/30/26 at 7:42 pm to
Damn William Devane and Rosland Capital need a new commercial
Posted by Judnnc
Member since Jun 2025
624 posts
Posted on 1/30/26 at 7:43 pm to
You can’t even buy from APMEX now without spending at least $500. I can’t afford that monthly, so JM Bullion it is. That said, just bought a couple of American Eagles yesterday , go figure.
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
21904 posts
Posted on 1/30/26 at 8:17 pm to
Banks are fricked (short on Silver) and are trying to trigger a real sell off with their fake paper contract sell off because they are desperate. Silver will claw back all of this and double its previous all time high in the next few months.

Nothing to do with the Fed, which is on its last legs also btw.

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I put 3 sleeves of American Eagles on a credit card this afternoon paying 7% premium (swipe fee + coin shop premium) and was happy to be buying the dip.
This post was edited on 1/30/26 at 8:19 pm
Posted by Timeoday
Easter Island
Member since Aug 2020
23047 posts
Posted on 1/30/26 at 8:34 pm to
quote:

Damn William Devane and Rosland Capital need a new commercial


Contemplating "get out of gold and into silver'!!
Posted by dovehunter
Baton Rouge
Member since Sep 2014
1915 posts
Posted on 1/30/26 at 8:52 pm to
I think these metals are way over priced. Buying at these prices is crazy. I wouldn’t be surprised to see both at 1/2 their value in 12-18 months.
Posted by Timeoday
Easter Island
Member since Aug 2020
23047 posts
Posted on 1/30/26 at 9:22 pm to


You have a tremendous amount of faith in a paper currency or fiat money.
Posted by dovehunter
Baton Rouge
Member since Sep 2014
1915 posts
Posted on 1/30/26 at 9:30 pm to
I do. The price for gold and silver is an emotional response to the current situation. I think things will normalize. Diversify your investments and more than a 5% investment in gold or silver is not smart especially at these prices. I’d be selling. Buy infrastructure stocks. Caterpillar, energy stocks,.
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
21904 posts
Posted on 1/30/26 at 11:46 pm to
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