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WallStreetBets triggers silver market frenzy in attempt to stick it to Wall Street


WallStreetBets triggers silver market frenzy in attempt to stick it to Wall Street
February 1, 2021 / 12:10 PM
/ CBS/AP
GameStop, Reddit and the Battle of Wall Street
The price of silver is rallying as the online trading movement fueling the rise of unloved shares like GameStop took a shine to the precious metal.
A short squeeze on the silver bullion market became the hot topic of discussion on the Reddit site WallStreetBets last week and over the weekend. Stocks related to silver soon saw their value spike for no apparent reason.
First Majestic Silver, a Canadian silver-mining company with the ticker symbol AG, maintained a stock price of around $14 a share for most of this month, but then shot up 21% on Thursday after the Reddit discussion. Fortuna Silver Mines saw its share price rise 14% Thursday to $7.62. The iShares Silver Trust, an exchange-traded fund that tracks silver prices, rose almost 6% Thursday to nearly $25 a share.  ....

Silver Mountain , Silver Mines Ltd , Australian Stock Exchange , Majestic Silver , Silver Mines , Shares Silver Trust , First Majestic Silver , Mines Ltd , வெள்ளி மலை , வெள்ளி சுரங்கங்கள் லிமிடெட் , ஆஸ்திரேலிய ஸ்டாக் பரிமாற்றம் , கம்பீரமான வெள்ளி , வெள்ளி சுரங்கங்கள் , பங்குகள் வெள்ளி நம்பிக்கை , முதல் கம்பீரமான வெள்ளி , சுரங்கங்கள் லிமிடெட் ,

TMZ acquires Australia's Highest Grade Undeveloped Silver Asset