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
What 2020 Signals about Gold and Silver in 2021

What 2020 Signals about Gold and Silver in 2021

But the best performing precious metal for 2020 was silver, up 46.8%. It even outperformed the tech-heavy Nasdaq, home to many stocks that benefited from the virus fallout.
January 7, 2021 0 Comments
Silver Shines, Says Citi, Tipping A 60% Price Rise

Silver Shines, Says Citi, Tipping A 60% Price Rise

But the bank does not stop at a 605% silver rally. It also argues that there is a technical case for silver doubling $50/oz, and potentially rising four-fold to $100/oz.
December 18, 2020 0 Comments
Is Price Inflation Guaranteed Now? These Two Charts Say Yes

Is Price Inflation Guaranteed Now? These Two Charts Say Yes

There has been lots of talk about the possibility of price inflation in response to the surge in monetary and fiscal stimulus. It is an important consideration for us bullion investors, as one of the biggest catalysts for gold and silver is the onset of higher consumer prices. And you got to own your inflation protection before it sets in.
November 12, 2020 0 Comments

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