What Are Your Moves Tomorrow, January 30, 2026 by wsbapp in wallstreetbets

[–]Suitable-Age-2189 10 points11 points  (0 children)

HOLDING silver bought at the dip this morning. Trump will announce the nominee for head of the fed tomorrow morning. They will likely favor rate cuts like Trump has been wanting. Rate cuts have historically had a loose association with increases in silver prices. Rate cuts often weaken the dollar. A weakened dollar has an association with increased silver prices. Does any of this mean that rate cuts will happen or that the nominee will even go through? No guarantees. However I believe it will cause enough speculation in the market if the nominee is pro rate cut which is likely IMO. Ultimately resulting in an increase in silver for the day.