Silver has opened up 5%

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With WSB focusing on silver next, I quickly jumped in and grabbed 10oz of bullion.

Well, the market for Silver just opened and so far so good.

20210131 19_12_54SI00 _ Silver Continuous Contract Overview _ MarketWatch.png

It opened up nearly 8% but has since dropped. It will be interesting to see what happens now that many Silver dealers are either sold-out or imposing minimum and maximum buys.

20210131 19_17_02silversqueeze  Twitter Search _ Twitter.png

It should be fun to watch over the next few days

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9 comments
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Silver recently broke a 10 year downtrend. Some of us who are looking at commodities as inflation hedges already bought into SLV, GLD, GDX, and some junior mining stocks (SILJ). This WSB influence may expedite the SLV price target hits.

Very interesting time to be alive.

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I bought 4oz yesterday. I’m trying to buy bars now but everything is in back order. I have shares and contracts that are bullish so hopefully they open strong too.

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It is very interesting ...

Greetings Michael

!invest_vote
!jeenger

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Your contribution was curated manually by @mima2606
Keep up the good work!

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Where I am you pay a premium for physical silver. Today that would be about 38 per ounce.

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Silver, lol omg i see u were the wacky one here thinking it was gonna go up! lol stop listening to the herd, oooof!

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