Why Commodities News Today

For the past two years at this juncture, the Precious Metals Sector has risen sharply in a month-long up cycle for Silver and with the high inflation expectations going forward a similar ramp up for the Precious Metals Sector is a real possibility. Inflation Expectations the under-40 crowd expects inflation to hit 3.8% a year from now, the 40-60-year-olds expect inflation of 4.7% and the over-60 crowd expects inflation to hit 5.7% for an average inflation expectations for one year from no...

Silver Spikes to 8-Year High of $30: ETFs to Ride the Rally Zacks.com 2/1/2021 Silver has been on a tear lately with its price climbing to $30 per ounce for the first time since 2013 in a Reddit-fueled frenzy. Reddit’s WallStreetBets forum declared silver “THE BIGGEST SHORT IN THE WORLD” last week, encouraging traders to pile into the grey metal. Popular Searches The social media, including thousands of Reddit posts and hundreds of YouTube videos, made calls to buy the metal and emulate...