The Silver Short Squeeze: A Historic Market Battle in the Making The Jerusalem Post
SD Bullion warned that “due to unprecedented silver demand” it would also be unable to accept orders until Sunday evening. The understanding inverse price Winklevoss twins, who famously sued Facebook’s Mark Zuckerberg and were early backers of bitcoin, both tweeted support for the push by WallStreetBets into silver. The silver market is the latest flashpoint in the Reddit mania that took over Wall Street last week.
WallStreetSilver and the Silver Squeeze: What You Need to Know
- A significant portion of Friday’s silver buying volume was likely driven by short-covering.
- The insane increases seen in GameStop and AMC share prices had their inception in the WallStreetBets community, and the big news in silver is at least partially attributable to WallStreetSilver.
- By taking delivery on silver futures and purchasing large quantities of physical silver.
On Friday, silver finally broke through the €30 level with bitcoin cash price today, bch live marketcap, chart, and info such momentum that it even closed above €31, signaling the strong potential for further gains in the coming week. By every measure, gold is in a confirmed uptrend, and I believe it’s on track to reach $3,000 in the near future. The silver market, long considered the neglected cousin of gold, stands on the precipice of what could become one of the most spectacular short squeezes in financial history. This isn’t just another market manipulation story – it’s a confluence of structural weakness, industrial necessity, and growing awareness that could reshape the precious metals landscape forever. For the past several weeks, I’ve been writing articles and creating video presentations about an imminent silver breakout that could quickly push prices to $50.
The risk of an explosive silver short squeeze is further amplified by the astonishing ratio of 408 ounces of “paper” silver—ETFs, futures, and other derivatives—for every single ounce of physical silver. In a violent short squeeze, holders of “paper” silver could be forced to scramble for the extremely scarce physical silver to fulfill their contractual obligations. The recent surge in silver prices and the potential for a silver squeeze underscore the enduring appeal of this precious metal as why do devs get into fintech 5 reason to be a fintech developer and an investment asset. While market dynamics may fluctuate in the short term, silver’s intrinsic value and diverse range of applications position it as a compelling option for investors seeking to preserve wealth and hedge against economic uncertainty.
Bitcoin Price
To understand the silver squeeze, you first need to know the meaning of a short squeeze. The dramatic spikes in GameStop and other heavily shorted stocks were due in part to a short squeeze, which is a phenomenon where investors who have bet against a stock are forced to buy shares to cover their positions as the name moves higher. The spike in demand for silver appears to be related to retail traders in the Reddit forum WallStreetBets, which has helped drive trading activity in heavily shorted stocks like GameStop and AMC Entertainment in recent weeks. That’s because the precious metal is heavily shorted – meaning there’s a large number of futures contracts predicting the price will drop.
Australian Silver Price
By staying informed, exercising prudence, and adopting a disciplined approach to investing, individuals can navigate the silver market with confidence and seize opportunities for long-term growth and financial stability. Gold, a major driver of silver prices, is generating a strong tailwind for silver after breaking through two key resistance levels since September. By every measure, gold is in a confirmed uptrend, and I believe it’s on track to reach $3,000 in the near future. While gold reaching $3,000 might a bit far-fetched, it’s actually quite realistic, as it’s just over a 10% increase from today’s price.
Gold price sharply up on safe-haven demand, bargain hunting
And with silver being a depleting asset, the supply-demand imbalance is poised to worsen. Buying physical silver or shares of silver stocks is a way to be involved in the so-called “Silver Squeeze 2.0.” When more investors buy a stock or commodity, short-sellers usually need to sell shares to cover their losses. SLV is one way to get involved, although you should always be aware of the risks in any kind of short squeeze. J.P. Morgan Chase is one of the largest traders of precious metals, so the Reddit user mentioned taking on the banking giant. The person also noted silver stocks available to retail investors—First Majestic Silver Corp and the iShares Silver Trust ETF. The price of silver surged higher on Monday as the Reddit-fueled boom in highly shorted stocks appears to be spilling over into the metals market.
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