Canadian silver stocks soar and bars and coins fly off the shelves as Reddit traders jump on #silversqueeze

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 80%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Canadian silver stocks soar and bars and coins fly off the shelves as Reddit traders jump on silversqueeze

, the most in more than a decade as those concerns about market manipulation drew attention from investors on the social media site Reddit, some of whom hope to use their collective financial power to punish silver naysayers.

“All things being equal there’s a lot of different dynamics,” said Don DeMarco, an analyst with National Bank Financial who covers First Majestic. “I just don’t think you’re going to get the same returns with GameStop.” “When you have an elevated valuation with a tax liability … the combination contributes to a short interest,” said DeMarco.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Misinformation at its finest, protecting the rich as always...

This isn’t true. Mainstream media is such a joke

Unbelievable how the main stream media is blantanly lying about this. Reddit users are holding and waiting for the squeeze. The hedge funds are pumping silver because they need cash to but their shorts.

No one is buying silver, they’re too busy selling AMC to buy more GME. 🚀🌕

. Not a good sign ! Hyper inflation on its way? 🤔 .

Bullshit. This is wallstreet manipulating the market. Not one mention of silver on redit. The media is complicit. Hahahaha

Nope. No they are not.

Australia Australia Latest News, Australia Australia Headlines