Silver to the moon?
Silver futures are soaring to kick off the new trading week and month, topping $30 in pre-market trading.
This comes as Reddit’s Wall Street Bets community has placed a bullseye on the white metal, attempting to lift prices that they think are being suppressed.
But WSB retards and autists will ostensibly be homing in on specific trades, and this is how they are performing at the time of this writing:
- iShares Silver Trust (SLV): +10.12% to $27.52
- First Majestic Silver Corp. (AG): +37.31% to $24.88
- Sprott Physical Silver Trust (PSLV): +15.66% to $11.08
Are more gains to come?
The goal for this forum-turned-hedge fund is to bring silver to $1,000. That is a lofty task, indeed.
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