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Gold and silver taking a breather?
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John Burns
Posted 1/22/2026 06:51 (#11520074)
Subject: Gold and silver taking a breather?



Pittsburg, Kansas
Was interesting yesterday with gold up a little and silver off. Some profit taking and switching going on??? But mostly just a breather for both?

If peaked I would have expected a pretty severe drop. Not a consolidation.

Another week we may know for sure. Been a fun ride up. Be interesting to see if we level off then trend higher, or if this is the peak and we trail off.

My prediction? First off, I don't know. If I did probably would manage differently than I have. I have taken a more middle of the road stance taking some profits on a third to half of my holdings.

https://www.zerohedge.com/precious-metals/6000-gold-ahead-trump-trea...

I tend to agree with the above. But I am wrong a good share of the time. So there is that.

Edited by John Burns 1/22/2026 06:52
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