Silver Short Squeeze Alert! Silver Jumps! First GameStop, now Silver! Buy Now
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Silver Short Squeeze Alert! First GameStop now Silver! Buy Now
Silver rallies after Reddit post about executing a ‘short squeeze’
Last Updated: Jan. 28, 2021 at 2:17 p.m. ET
First Published: Jan. 28, 2021 at 12:30 p.m. ET
By Myra P. Saefong
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Silver futures post highest finish in 3 weeks
Patrick Hertzog/Agence France-Presse/Getty Images
Silver futures rallied Thursday to mark their highest finish in three weeks, following a post by a Reddit user, who suggested executing a “short squeeze” on silver.
“Any short squeeze in silver paper shorts would be EPIC,” a post on the popular WallStreetBets forum said. “Why not squeeze $SLV to real physical price,” he said referring to the iShares Silver Trust exchange traded fund.
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