Is the Silver Squeeze over & if so what's next?

in LeoFinance6 months ago

image.png

Evening to all,

SilverGoldHunter reporting for duty,

As we have heard everywhere from yesterday that the Wall Street Bets was giving the squeeze of Silver.

And it gave everyone the craze of buying and selling Silver thruoghtout the mainstream creating a higher premium price to make a profit during this craze.

Since yesterday that the price of Silver was just over £20 and currently now it is below the £20 mark.

image.png

However I was lucky to NOT get involved with the temporal price hike of Silver because if I bought it at a higher rate, the harder for me to sell it and make a profit.


WHAT'S NEXT!!!

What's next is now that they want to target Bitcoin, so we will see how high it can go.

image.png

But please aware this is only a theory & NO (AND I MEAN IT) that I am not your financial advisor so do your research before making an attempt.

Ok, that is my view on the Aftermath of the Silver Squeeze
tell me your views in the comment box and I will catch you all on the next blog,

See you then

SilverGoldHunter (SGH)

PEACE

SilverGoldHunter banner.jpg

Posted Using LeoFinance Beta

Sort:  

It was unlucky that the Silver Squeeze was a hoax. Im still hoping silver will skyrocket due to industrial demand or speculation, I don't really care too much. I don't really want to be too long in silver but I wouldn't mind if thats the way after all.

For WSB, I don't know, we have enough volatility without them in crypto. They should stay in stocks.

Posted Using LeoFinance Beta

Couldn't agree more

Posted Using LeoFinance Beta

Congratulations @silvergoldhunter! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You received more than 1750 upvotes. Your next target is to reach 2000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Feedback from the February 1st Hive Power Up Day