Silver Price Trend

TTMOON

Junior Member
Joined
Feb 1, 2021
Messages
10
Reaction score
0
I don't follow commodities, what's the reason for silver being snapped up?
 

Dyhalt

Senior Member
Joined
May 25, 2011
Messages
1,297
Reaction score
2
Because its one of those commodities that has been heavily shorted by institutional investors and people are trying to rally together to cause a silver short squeeze just like AMC and GME stock.

If you are currently holding physical silver, I would say hold onto it and enjoy the ride up.

Cheers
 

DevilPlate

Arch-Supremacy Member
Joined
Nov 22, 2020
Messages
12,252
Reaction score
5,165
Safer ways to ride this wave in SG

Hold some physical silver (still avail in SG) but my guess it is going to sold out very soon.

UOB silver savings account.

** I am exploring junior silver miners in US to tikam. AG too high now.
 

DevilPlate

Arch-Supremacy Member
Joined
Nov 22, 2020
Messages
12,252
Reaction score
5,165
PSLV & SLV

Some say PSLV is safer and audited.

Not vested in the above. DYODD.
 

dexboi

Supremacy Member
Joined
Oct 28, 2007
Messages
5,507
Reaction score
1,841
Time to sell my silver coins and bars. But spread damn high at GSC and BS. :s22:
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top