- Silver’s Reddit surge has been extraordinary. Silver prices shot higher on mere rumors the wallstreetbets’ crowd would target a silver short squeeze. That unleashed wildly-unprecedented violent buying of silver-ETF shares.
- American stock traders catapulted the leading SLV silver ETF’s holdings vertical to dazzling new record highs. Traders rushed to buy major silver miners’ stocks too, blasting them parabolic.
- Whether the WSB redditors were responsible or not, this extreme silver-market episode sure highlights the massive latent interest in silver. Legions of traders are watching silver, ready to pour in.
For further details see:
Silver's Reddit Surge