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Washington Braces For Snow as Arctic Air Spills Down Across U.S.


Snowstorms Aim for U.S. East While Fierce Cold Grips Texas
Bloomberg
2/11/2021
Brian K. Sullivan
(Bloomberg) A parade of snowstorms is threatening to roll through the Eastern U.S. over the next few days while bitter cold grips the heart of the country, driving temperatures below freezing all the way to Houston.
A system will sweep out of the Ohio Valley Friday, bringing freezing rain and ice across the central Appalachian Mountains and likely passing south of Washington. Another one will work its way up the East Coast late Saturday into Sunday, but it isn’t clear whether it will bring rain, sleet, snow or a frigid mixture. And a third storm will arrive in the Northeast, hitting New York and elsewhere on Monday to Tuesday, according to the National Weather Service. ....

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Washington Braces for Snow as Arctic Air Spills Across U.S.


Snowstorms Aim for U.S. East While Fierce Cold Grips Texas
Bloomberg
2/11/2021
Brian K. Sullivan
(Bloomberg) A parade of snowstorms is threatening to roll through the Eastern U.S. over the next few days while bitter cold grips the heart of the country, driving temperatures below freezing all the way to Houston.
A system will sweep out of the Ohio Valley Friday, bringing freezing rain and ice across the central Appalachian Mountains and likely passing south of Washington. Another one will work its way up the East Coast late Saturday into Sunday, but it isn’t clear whether it will bring rain, sleet, snow or a frigid mixture. And a third storm will arrive in the Northeast, hitting New York and elsewhere on Monday to Tuesday, according to the National Weather Service. ....

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Silver Sinks as Investor Frenzy Cools After Reddit Backlash


Silver’s Selloff Accelerates With Reddit Frenzy Unraveling
Bloomberg
2/2/2021
(Bloomberg) The buying frenzy that sent silver to an eight-year high has stalled out.
Popular Searches
Silver futures in New York fell as much as 10% as traders closed out positions after CME Group hiked margin requirements. Meanwhile, Reddit posters turned their attention to GameStop Corp. losses amid a growing backlash against the silver trade. BlackRock Inc.’s iShares Silver Trust, the short-squeeze target of retail traders on Reddit last week, slumped more than 8%.
The silver market was roiled in the past week after a series of posts on the WallStreetBets forum calling for a “short squeeze.” iShares Silver Trust had a combined net inflow of $1.5 billion on Friday and Monday, silver options trading surged and prices swung dramatically before spiking to the highest since 2013. By Tuesday, plunging shares of GameStop and AMC Entertainment Holdings Inc., two of the pop ....

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Silver's Selloff Accelerates With Reddit Frenzy Unraveling


Silver’s Selloff Accelerates With Reddit Frenzy Unraveling
Bloomberg
2/2/2021
(Bloomberg) The buying frenzy that sent silver to an eight-year high has stalled out.
Popular Searches
Silver futures in New York fell as much as 10% as traders closed out positions after CME Group hiked margin requirements. Meanwhile, Reddit posters turned their attention to GameStop Corp. losses amid a growing backlash against the silver trade. BlackRock Inc.’s iShares Silver Trust, the short-squeeze target of retail traders on Reddit last week, slumped more than 8%.
The silver market was roiled in the past week after a series of posts on the WallStreetBets forum calling for a “short squeeze.” iShares Silver Trust had a combined net inflow of $1.5 billion on Friday and Monday, silver options trading surged and prices swung dramatically before spiking to the highest since 2013. By Tuesday, plunging shares of GameStop and AMC Entertainment Holdings Inc., two of the pop ....

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