Replies to post #35763 on iShares Silver Trust (SLV)

[Omar8]

AlwaysRed,


"If silver or gold were a hedge and traded freely during times of crisis the metals would fly. They would be a hedge. No way would the DJIA crash like it did during Covid with silver following it down. Silver crashed to 12 dollars. "


I think this is something to keep in mind when the next huge drop happens in the market, presents a good buying time.


"They almost have all the July contracts filled. Only 627 open interest left for July. Do we get to see a little rise in price? Let's watch.."

Going by last year chart around this time, it looks like if there is a rise it will be a short lived one. Maybe I'm not thinking clearly or missing something but I don't see how it can rise too much if the September delivery month is so close and they have about 100,000 contracts....maybe they move them back to December but still should be a drop again at some point.