Silver Price Discussion - Up or Down?

interpols · January 28, 2026 11:23AM

I have heard a lot of different opinions from a lot of different people on the state of silver, some saying it's a good investment and others saying it will crash, I want to hear the community's thoughts on where silver is going to go

MFeld · January 28, 2026 11:30AM

Even though you’re not the first to raise the topic here, this is the forum for discussions about precious metal prices: https://forums.collectors.com/categories/precious-metals

interpols · January 28, 2026 11:30AM

@MFeld said:
Even though you’re not the first to raise the topic here, this is the forum for discussions about precious metal prices: https://forums.collectors.com/categories/precious-metals

bet

Cougar1978 · January 28, 2026 11:36AM

Silver seems to be in a steady trajectory up. As far as how far it’s going to go / would say unknown. Many been stacking slabbed bullion coins. Some bought lately their BV up over what I paid for them (or very close to CPG) when received. So considering the rate they going up - very bullish on silver.

I am going to do some more research on just how far up silver can go. Areas would be supply, basis of demand, political factors (will war break out somewhere), and economic outlook. Perhaps some CEO’s in that area may have published something.

EastonCollection · January 28, 2026 12:10PM

I have no idea whether gold/silver will go up or go down. Either way, such a huge increase in such short order isn't good and there will be some folks that will be losing alot of money. Be careful out there- just my 2 cents.....

Goob · January 30, 2026 5:57AM

Seems both gold and silver dropped quite a bit today...

MsMorrisine · January 31, 2026 4:23PM

back to 45, fast

Burnie · January 31, 2026 4:33PM

Silver is still worthwhile holding. Ups and downs are to be expected. The recent runup was a lot of fun to watch. No doubt it will happen again. Everything cycles. Oh, and nobody can predict the future, not even me 😄

pmh1nic · January 31, 2026 5:22PM

@MsMorrisine said:
back to 45, fast

Maybe on paper but I would be pleasantly surprised if physical prices dropped that low fast.

Goldbully · January 31, 2026 5:28PM

@MFeld said:
Even though you’re not the first to raise the topic here, this is the forum for discussions about precious metal prices: https://forums.collectors.com/categories/precious-metals

I believe he did post in the Precious Metals Forum.

MsMorrisine · January 31, 2026 7:32PM

@Goldbully said:

@MFeld said:
Even though you’re not the first to raise the topic here, this is the forum for discussions about precious metal prices: https://forums.collectors.com/categories/precious-metals

I believe he did post in the Precious Metals Forum.

probably mod-moved

Goldbully · January 31, 2026 7:52PM

@MsMorrisine said:

@Goldbully said:

@MFeld said:
Even though you’re not the first to raise the topic here, this is the forum for discussions about precious metal prices: https://forums.collectors.com/categories/precious-metals

I believe he did post in the Precious Metals Forum.

probably mod-moved

Good point.

toadstrangler · February 1, 2026 9:13AM

@MsMorrisine said:
back to 45, fast

If that happens I’ll be the first one to
fist bump you and blitz. I just don’t see it.

Bayard1908 · February 1, 2026 9:19AM

@MsMorrisine said:
back to 45, fast

Honestly, if the paper price goes back to 45, China, India, and any additional industrial users will almost certainly buy out the entire inventory available. I think 145 is ten times more likely than 45.

jmski52 · February 1, 2026 10:05AM

Honestly, if the paper price goes back to 45, China, India, and any additional industrial users will almost certainly buy out the entire inventory available. I think 145 is ten times more likely than 45.

Not to mention the fact that the refineries will catch up and no more supply will be coming in.

MsMorrisine · February 1, 2026 2:12PM

@softparade said:

@MsMorrisine said:
back to 45, fast

If that happens I’ll be the first one to
fist bump you and blitz. I just don’t see it.

i'm not looking for fist bumps. just making calls like you're making calls

toadstrangler · February 1, 2026 2:27PM

@MsMorrisine said:

@softparade said:

@MsMorrisine said:
back to 45, fast

If that happens I’ll be the first one to
fist bump you and blitz. I just don’t see it.

i'm not looking for fist bumps. just making calls like you're making calls

word

IF silver goes back to 45 I'll be backing up the truck.

toadstrangler · February 1, 2026 3:35PM

Has to be MENTIONED. Even with Friday included, silver still gained in January for the 9th straight month. That is unprecedented.

MsMorrisine · February 1, 2026 4:07PM

down 4% right now - 7 mins into evening

MsMorrisine · February 1, 2026 4:17PM

down 7.44%

ugly

logger7 · February 1, 2026 4:26PM

We've seen this pattern before but in this case the huge backlogs on processing the metals by the refineries means that the actual physical buyers and demand cannot be established. So the electronic transactions are going to follow a downward pattern until either major support from "whales" occurs with the bears and shorts covering or sufficient tangible signals create solid support.

jmlanzaf · February 1, 2026 4:35PM

@logger7 said:
We've seen this pattern before but in this case the huge backlogs on processing the metals by the refineries means that the actual physical buyers and demand cannot be established. So the electronic transactions are going to follow a downward pattern until either major support from "whales" occurs with the bears and shorts covering or sufficient tangible signals create solid support.

The 2 big support lines are at 75 and then around 50. If it doesn't hold 75, we probably test 50. So far, Asia is not rebounding. We'll see what Shanghai does shortly.

MsMorrisine · February 1, 2026 5:12PM

only down 1% now

asia in 49 min

toadstrangler · February 1, 2026 5:19PM

@MsMorrisine said:
down 7.44%

ugly

POOF

Wingsrule · February 1, 2026 5:30PM

Stock futures have also recovered nicely, Nasdaq improved by 200+ (but still slightly negative)

derryb · February 1, 2026 5:32PM

A lot of the recent rally was because of leveraged futures and short-term trades. Once price started slipping: stop losses hit, margin calls kicked in and then forced selling accelerated the fall. Supply has not changed, demand from industrial buyers has not changed. Speculative buyers have freaked but will come to their senses once they realize the fundamentals have not changed. Buy the dip, but wait for $78.

Overdate · February 1, 2026 5:34PM

Shanghai at $100.50.
Kitco at $85.79, up 64 cents.

MsMorrisine · February 1, 2026 5:53PM

@softparade said:

@MsMorrisine said:
down 7.44%

ugly

POOF

up 3/4%

asia opens soon

logger7 · February 1, 2026 5:56PM

A few quotes:

“You wouldn’t cancel your insurance policy in the middle of a hurricane, and you shouldn’t sell silver when it takes a tumble. Like any insurance, silver’s value will pay out over time, not day by day.”

"The 'chase' in silver is now more intense than the classic AI trade" (as of Jan 2026): According to a CNBC report, retail investors have been buying record amounts of silver, leading analysts to describe the intense buying pressure as a "chase".
"Gold is talking, silver is screaming - A Case for Prudent Repositioning": A WhiteOak Capital report notes that when silver "screams" (outperforming gold with high velocity), it signals the final, speculative stage of a run, which often ends in a crash for late investors, essentially forcing them out of their positions.
"When the world rushes to silver for protection, supply disappears": This highlights that the "chase" often leads to a shortage as investors rush to secure the metal.

MsMorrisine · February 1, 2026 6:32PM

compared to friday, volume is quite good withe friday being heavy

Silver Price Discussion - Up or Down?

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