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re: This could be something....Look beyond equities, Silver to be the next short squeeze

Posted on 1/29/21 at 9:16 pm to
Posted by rintintin
Life is Life
Member since Nov 2008
16201 posts
Posted on 1/29/21 at 9:16 pm to
quote:

willing to risk on a big gamble. Was looking at dogecoin but may go this route


These are 2 different stratospheres.

If you want to risk it all and go for moon or broke have fun with DOGE.

You won't get near the same risk or reward with AG or silver unless you're buying options.
This post was edited on 1/29/21 at 9:17 pm
Posted by misterc
Louisiana
Member since Sep 2014
701 posts
Posted on 1/30/21 at 7:54 am to
SLV Trust NAV went up 8.77% yesterday.

I did a back of the napkin calculation that means they added 36,887,400 ounces of silver yesterday to the trust.

To give you a comparison here:

Registered ounces in comex 149,509,868 ounces
Available to register 248,421,412 oz

397,931,280 total ounce backing

ishares Slv

This is getting interesting....
This post was edited on 1/30/21 at 8:22 am
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