Silver Hit by Reddit Day-Trader Frenzy (Bloomberg) -- Reddit investors have discovered silver, with everything from silver miners, silver ETFs and the actual price of the physical metal itself soaring on Thursday.
The first signs came late Wednesday, when comments appeared on internet chatroom r/wallstreetbets, the same investor board that started the wild short squeeze in Gamestop Corp. and other companies. The comments centered on iShares Silver Trust, the biggest exchange-traded instrument backed by the metal, calling it “THE BIGGEST SHORT SQUEEZE IN THE WORLD,” and citing banks manipulating gold and silver prices
https://www.msn.com/en-us/money/markets/silver-is-the-latest-market-hit-by-reddit-day-trader-frenzy/ar-BB1db4vE