SSRM - Silver Prices FOMC Options Expiry And The Reddit Phenomena
- The main influencers driving silver's recent gyrations are the FOMC, Options expiry, and the ‘Reddit’ effect.
- I do not know how many of the Reddit members decided to get involved on the buy side, but the conversation was enough to light a fire under silver.
- This is a Bull Market for silver and the shorters have had a broadside and may think long and hard before exposing themselves to any great extent.
- Physical silver is an investment, silver stocks are speculation, but they do offer leverage to silver so both should be acquired.
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Silver Prices, FOMC, Options Expiry And The Reddit Phenomena