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re: This could be something....Look beyond equities, Silver to be the next short squeeze
Posted on 2/3/21 at 11:49 am to 44tiger
Posted on 2/3/21 at 11:49 am to 44tiger
quote:still quite a bit of long call option activity on both of these judging by the contact prices. Despite silver not being covered as much yesterday the silver index funds broke Friday’s record for volume in a single day with almost 1.5 billion. Massive supply shortage and record demand right now; I have a feeling a lot of money is coming in from hedge funds buying into the squeeze
Anyone have an update on the SLV and AG plays? How is what's going on behind the scenes with silver gonna effect these and other stocks moving forward?
1
Posted on 2/3/21 at 12:24 pm to FredsGotSlacks
I have only bought physical silver in the past ~ 100oz. Mostly at coin shows. I've given them as tips or when someone had a baby. $8-$15oz.
With all this hoopla, I went online to buy some more. 95% unavailability. This is a chart showing the current best prices for bullion. If you click on the retailers, you find declaimers...awaiting stock, currently unavailable, 10+day delivery, notify when available. Also the price used to be spot+10%, now it's spot+20%+. I have no clue what will happen next. Along for the ride.
comparesilverprices.com
With all this hoopla, I went online to buy some more. 95% unavailability. This is a chart showing the current best prices for bullion. If you click on the retailers, you find declaimers...awaiting stock, currently unavailable, 10+day delivery, notify when available. Also the price used to be spot+10%, now it's spot+20%+. I have no clue what will happen next. Along for the ride.
comparesilverprices.com
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