Archive for the ‘metals’ Category

Notes From Underground: A Silver Lining In the Madness?

January 31, 2021

My inbox has been filled with theories (read: concerns) about the targeting of short silver positions by the REDDIT BRIGADE of financial vigilantes. Is this a possibility? In my opinion, YES, as silver has been a very volatile market since the trade dislocations perpetuated by the COVID pandemic. The metals are not like equities because hedgers — miners with real supply — act to keep a lid on prices as they lock in future costs.

(more…)