Silver Headlines

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

Over 100,000 Reads: The Silver Shorts’ Last Stand?

https://silverseek.com/article/silver-shorts-last-stand

Silver extends golden run as retail frenzy jitters persist

Silver soared as much as 7% on Thursday after calls appeared on Reddit to buy silver mining stocks and iShares Silver Trust , an exchange traded fund (ETF) backed by physical silver bars, in a GameStop-style squeeze. https://www.reuters.com/article/idUSL4N2K44PI

#SilverSqueeze: Sprott PHYSICAL Silver Trust BLOCKED By Robinhood

DEVELOPING STORY #SILVERSQUEEZE trending on social media: https://twitter.com/hashtag/silversqueeze?src=hashtag_click ROBINHOOD BLOCKS SPROTT PHYSICAL TRUST: Silver Is the Latest Market Hit by Reddit Day-Trader Frenzy (Bloomberg) https://finance.yahoo.com/news/silver-latest-market-hit-reddit-151147282.html… Silver rallies after Reddit post about executing a ‘short squeeze’ https://morningstar.com/news/marketwatch/20210128647/silver-rallies-after-reddit-post-about-executing…

Silver Market Jitters Are on Display After Reddit Frenzy (Bloomberg)

“In the very short term, I would think people would be cautious about holding a short in PM's, irrespective of the fundamental view/what other markets are doing”

Silver rallies after Reddit post about executing a ‘short squeeze’ (MarketWatch)

“While a sudden flood of money into a particular derivatives contract can spike prices,” Thursday’s jump in silver “will struggle to grab or hold the Reddit crowd’s attention for long,” BullionVault’s Ash told MarketWatch.

Silver Is the Latest Market Hit by Reddit Day-Trader Frenzy (Bloomberg)

Robinhood crowd is now eyeing the "manipulated" silver market