Okay, so silver had a day. A day. It went up, it went down… it’s like my blood pressure at a deli counter. Now it’s back up above $110. After plummeting. Seven percent! Since Monday. Monday! Like, what happened on Monday? Did I miss something? Probably.
Apparently, everyone’s losing faith in, you know, money. Real money. Fiat currencies. Government debt. Coulda told you. Gold is over $5,000. $5,000! It’s all just…a mess. And now crypto is worried? Good. They should be worried. Serves ‘em right. It’s like watching chaos unfold, and frankly, it’s exhausting.
Record Surge Meets Sharp Reversal
So it jumped 14% and then…didn’t. Just gave it all back. It’s always like this. You get a little hope, a little optimism, and BAM! It’s gone, like a good parking spot. It found some support at $103I mean, who decides these numbers?and now it’s back over $110. Asian buyers saved the day, apparently. As if they understand what’s going on.
Gold, it also went down a little and settled. Settled. Like it has somewhere to be. Does gold have appointments?
Debasement Trade Fuels Rally
People are running from currencies and bonds…fine, good riddance. They’re afraid of governments spending too much money? You think?! Japan’s bond market? Don’t even get me started on Japan. It’s always something with Japan.
Some guy, Max Belmont, says gold is a “barometer of market anxiety.” A barometer! Like we needed another piece of equipment to tell us things are bad. I can feel the anxiety. My therapist bills are a barometer.
And now the dollar’s dropping because Trump might interfere with the yen? The yen! It’s always about something with that guy. And the Fed’s independence is now in question. It’s a whole thing. A very tedious thing. Honestly, I need a nap.
Technical Warnings Emerge
Heraeus Precious Metals – great name, sounds like a cleaning product – says it’s “overextended.” Overextended?! Like I’m not? Everything is overextended! The day, my patience, my ability to understand any of this… And the gold-silver ratio? Don’t even ask. It’s apparently gotten “compressed.” Sounds uncomfortable.
Some other guy, Claudio Wewel, says silver usually takes bigger hits. Of course it does! It’s silver! It’s always trying to one-up gold in the ruining-my-day department.
Key Levels to Watch
$110 is important. Apparently. If it goes up, it’s good. If it goes down, it’s not. Groundbreaking analysis. They’re waiting for Trump’s Fed chair pick? Oh, wonderful. Just what we need. More unpredictability. And the FOMC. With an acronym. Honestly…
I’m going to go eat a muffin. This is just… too much.
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2026-01-27 05:16