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home / news releases / USV - What Will Reddit Do With Silver?


USV - What Will Reddit Do With Silver?

  • The Reddit community has started talking about silver. The question on everyone's mind: can they drive the silver price up 10X (as they drove the GameStop price)?
  • The buying episode in silver on Thursday was centered on futures. The fact is that the price of spot silver tracks the price of silver futures very closely.
  • Weighing against a possibility of a user group driving the silver price so high is the liquidity and depth of the silver market compared to the GameStop market.

For further details see:

What Will Reddit Do With Silver?
Stock Information

Company Name: UBS AG Jersey ZC SP ETRACS REDEEM 05/04/2038 USD 25 - 902641794
Stock Symbol: USV
Market: NYSE

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