#silversurge#
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Silver jumped to an almost eight-year high, extending a surge that started with the retail-investor frenzy sweeping through markets.
Silver Price Analysis: XAG/USD under pressure as crowd buying fizzles out
Silver is now down nearly 1.5% this week. Retailers fail to force a GameStop-like short squeeze in silver. Silver is trading near $26.64 at press time, representing a nearly 1% decline on the day. The metal rallied 20% between last Thursday and early Monday, hitting an eight-year high of $30.03 as c
Silver could be headed much higher
The silver story is much more than a GameStop-like short squeeze, and the semi-precious metal could be headed much higher, according to Otavio Costa, Portfolio Manager at hedge fund Crescat Capital. "It's about fiscal imprudence. Massive debt builds up. Monetary dilution to suppress rates. The lack
Silver future up over 7% as reddit army take aim [Video]
- Silver spikes as retail investors swarm their biggest arget yet (00:00). - GOP Senators offer $600bln stimulus compromise (7:50). - UK meets vaccine milestone & what to expect from BoE (10:15). - Matteo Renzi supports Mario Draghi for Italian PM (15:34). - China's latest Manufacturing PMI's sh
