Rebel Capitalist News Silver Makes Huge Turnaround BUT There's A Problem...
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Feb 4, 2026 Big swings in silver and gold take center stage with a focus on silver's dramatic price action. Discussion of using SLV and PSLV behavior to read candlesticks and gap moves. A rapid plunge and recovery spark a buy-the-dip overnight trade. Trading mechanics, stop strategies, and short-term tactics from top traders are highlighted.
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Massive Volatility In Silver And Gold
- Silver and gold saw extreme volatility with silver dropping from ~109 to ~68 then surging over 10% in a day.
- George Gammon highlights this as the kind of large, fast swings he predicted in his whiteboard video.
Sold Into Parabolic Gap Ups
- George describes selling PSLV after extreme parabolic gap-ups because the move felt unsustainable.
- He references Jim Rogers shorting 1980 gold as a cautionary example about gapping moves.
Buy Dips With Strong Close Volume
- Buy dips that show strong volume and close near the open after a massive drop as a bullish sign.
- George used that logic to buy SLV near the close after a crash and captured the next-day gap up.