or
Remember me
Back
However, in the case of silver, the retail investors could easily benefit from the expected solid demand for silver. Unlike GameStock’s current valuation which is based on speculation without the backing of solid fundamentals could be highly overvalued.
Many analysts believe that both gold and silver values have been artificially contained below their real intrinsic value which could ultimately sustain a move in silver back to $30 and above. Yesterday Ishares Silver trust gained 5.55%, a total of $1.30 taking that ETF to $24.72. Today the trust gained just over 1% and is currently fixed at $24.99 per share while silver futures saw a net gain of $1.14 taking the March contract to $27.06.
A daily snapshot of everything from market open to close.