Silver short squeeze

Discussion in 'Bullion Investing' started by Heavymetal, Jan 29, 2021.

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  1. fretboard

    fretboard Defender of Old Coinage!

    So what happened to this great "short squeeze", that had many stackers buying silver like hotcakes, has it ended in disappointment or is it too early to say?? Just wondering, when it comes to silver, I am truly a tight wad. :D I've never been crazy about the silver market, gold yes, silver no! :cigar:
     
    fretboard, Feb 2, 2021
    #81 + Quote Reply
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  3. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    It was a hoax. Reddit did not start this squeeze like it was reported. There were other nefarious characters at play with this one.
     
    masterswimmer, Feb 2, 2021
    #82 + Quote Reply
    fretboard likes this.
  4. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Both markets are too big in daily volume -- $10 BB and $60 BB, respectively -- for the Reddit Retards to do anything with the price anywhere near GME.
     
    GoldFinger1969, Feb 2, 2021
    #83 + Quote Reply
    fretboard and medoraman like this.
  5. fretboard

    fretboard Defender of Old Coinage!

    All the hype definitely stirred up some excitement! :happy:
     
    fretboard, Feb 3, 2021
    #84 + Quote Reply
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