Can Reddit's silver "apes" beat the market?

Can Reddit's silver "apes" beat the market?

Funds like Blackrock's stockpiled 331 million ounces - the most ever - in 2020, Metals Focus said in a report for the Silver Institute; bar and coin buyers took home 200 million ounces more. This year, the consultancy expects funds to hoard 150 million ounces - the second highest level ever - and bar and coin buyers 253 million ounces.
July 12, 2021 0 Comments
United States Imports Nearly One-Third Of Monthly Global Silver Mine Supply

United States Imports Nearly One-Third Of Monthly Global Silver Mine Supply

Total U.S. silver imports for the first quarter of 2021 equaled 1,560 metric tons, up 41% versus the same quarter last year.  In just the first three months of 2021, the U.S. imported over 50 million oz of silver.  Now, compare that to the 41 metric tons of U.S. gold imports for the entire quarter… it doesn’t even compare.  Moreover, U.S. gold...
June 14, 2021 0 Comments
Not enough physical silver to cover paper – former U.S. Mint Director (silver up 135%, us dollar down 12.3% since covid outbreak) a sign of the times

Not enough physical silver to cover paper – former U.S. Mint Director (silver up 135%, us dollar down 12.3% since covid outbreak) a sign of the times

Unfortunately, we are seeing shortages of both physical gold and silver. Check out gold and silver prices against the US Dollar since Covid outbreak in March 2020. Gold is up 27% since March 18, 2020 and silver is a whopping 135%!
June 7, 2021 0 Comments
Gold to benefit as U.S. dollar could drop 10% to 20% - CrossBorder Capital

Gold to benefit as U.S. dollar could drop 10% to 20% - CrossBorder Capital

"Gold, the long-established alternative unit, should gain significantly from what we expect could be at least a 10-20% fall in the U.S. dollar," the U.K.-based research firm said.
June 1, 2021 0 Comments

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