Savvy Trades and Investments

[gilead23]

Silver seems like a much harder target than GME. GME probably had a market cap of a few hundred million when this started and wsb was fighting a handful of firms that bet heavily on the short side.

The SLV etf alone is 15 billion right now, and the silver market is orders of magnitude larger than the market for GME was. World demand is somewhere in the order of 25 billion dollars a year at current prices. You would need a much bigger bazooka to move that. It’s possible certainly. WSB now has something like 7 million subscribers. I think it’s doubled in like a week. That isn’t the same as all of them getting on one side of the trade. It’s worse if you really need physical delivery to make it work.