Silver Headlines

Silver drops from 8-year peak as stellar rally loses steam

* CME raises Comex 5000 Silver Futures margins by 17.9% * Silver hasn't topped out just yet-analyst * U.S. commodities regulator monitoring silver markets activity https://www.reuters.com/article/idUSL1N2K802C

U.S. commodities regulator monitoring silver markets activity: acting chairman

U.S. commodities regulator monitoring silver markets activity: acting chairman https://mobile.reuters.com/article/amp/idUSKBN2A13PO?__twitter_impression=true

Silver jumps 8%, touches 8 year high as Reddit traders try their squeeze play with the metal

https://www.cnbc.com/2021/01/31/silver-futures-jump-7percent-as-reddit-traders-try-their-squeeze-play-with-the-metal.html  

Shares rally, retail surge drives silver to 8-year high

https://www.reuters.com/article/us-global-markets/shares-rally-retail-surge-drives-silver-to-8-year-high-idUSKBN2A11VZ

Some silver dealers chase supply as retail frenzy hots up (Reuters)

https://www.reuters.com/article/idUSL4N2K745T

Silver Short Squeeze Being Reported on the Front Pages of Major Media Outlets

Silver has found its way overnight onto the front pages of major mainstream media outlets -- covering the #silversqueeze / silver short squeeze frenzy which has taken over reddit, twitter, facebook and other social media platforms: The Guardian reports:  Craig Hemke, precious metals analyst and editor/founder of the TF Metals Report, said “after Gamestop there began to be discussions – what are other stocks with a massive short position that they could move to next?” Hemke said…

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

https://www.cnbc.com/2021/01/31/silver-futures-jump-7percent-as-reddit-traders-try-their-squeeze-play-with-the-metal.html

Silver prices jump to an 8-year high as Reddit traders try their squeeze play with the metal

https://edition.cnn.com/2021/01/31/investing/silver-price-squeeze-reddit-wallstreetbets/index.html

Silver Spikes at the Week’s Open as Reddit Hordes Pile In Again (Bloomberg)

The extraordinary spike came after retail sites were overwhelmed with demand for bars and coins at the weekend. Outlets including Apmex, the Walmart of precious metals products in North America, said they were unable to process orders until Asian markets open because of unprecedented consumption. “It’s been nuts -- over the weekend we saw about three weeks’ worth of accounts-opening in just a couple of days,” said John Feeney, business development manager at Guardian Vaults in Sydney. …

Silver Opens Sharply Higher: Live Price Chart