(Bloomberg) A silver frenzy calmed on Friday as investors weigh whether a push by Reddit posters to create a short squeeze has legs.The entire market from miners’ shares to exchange-traded funds and even the physical metal has emerged as one of the latest targets of the r/wallstreetbets board now famous for fueling a short squeeze in Gamestop Corp. that sent its market value soaring. Posts encouraged people to pile into IShares Silver Trust, the largest silver exchange-traded fund, and one described it as “THE BIGGEST SHORT SQUEEZE IN THE WORLD”.“It is true that the combined efforts of those on the Reddit forums can dramatically influence the price of individual stocks, but if you compare the size of the entire silver market to the market cap of the individual companies that forums have recently targeted, we don’t see this as having potential to significantly move silver into a short squeeze scenario,” said John Feeney, business developme
Reddit Day-Trader Frenzy Sends Silver Prices Soaring – Investment Watch
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Инвесторы с Reddit задумали разорить крупнейший банк США, взвинтив цены на драгметаллы | США Фондовый рынок | АФН | Белорусские новости | Республика Беларусь
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