Silver is surging but users on WallStreetBets say they're not behind the rally
Silver is surging but users on WallStreetBets say they’re not behind the rally The silver market is the latest flashpoint in the Reddit mania that took over Wall Street last week. Silver futures surged as much as 13% to Monday, touching eight-year highs. That follows a 6% rally last week when some posts on the WallStreetBets group on Reddit called for betting on silver as a way to hurt big banks they believe are artificially suppressing prices. Meanwhile, retail sites warned customers over the weekend they could not meet skyrocketing demand for silver bars and coins. The Commodity Futures T...
Source: kvia.com