BlackRock sells off gold and focuses on silver

BlackRock sells off gold and focuses on silver

(Kitco News) The world's biggest asset manager BlackRock is getting out of gold and into silver as it sold 2.7 million of its SPDR Gold Shares (GLD) and bought 1.18 million shares of iShares Silver Trust (SLV) in the fourth quarter of 2020.
February 16, 2021 0 Comments
Silver Shortages Suggest We Are Only Months Away From $50 Silver

Silver Shortages Suggest We Are Only Months Away From $50 Silver

This backwardation is most similar to February 2011, with silver nowhere near lows, and if history rhymes, it suggests we are only months away from $50 silver.
February 12, 2021 0 Comments
The Bull Case For An Explosive Rise In Silver Prices Over The Coming Months

The Bull Case For An Explosive Rise In Silver Prices Over The Coming Months

Repeated currency debasement and continuous stimulus packages from governments since the beginning of the pandemic represents a huge inflationary risk.
February 2, 2021 0 Comments
Silver jumps 11%, the most in 11 years as Reddit traders try their squeeze play with the metal

Silver jumps 11%, the most in 11 years as Reddit traders try their squeeze play with the metal

The spike in demand for silver appears to be related to retail traders in the Reddit forum WallStreetBets, which has helped drive trading activity in heavily shorted stocks like GameStop and AMC Entertainment in recent weeks.
February 1, 2021 0 Comments

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