SLV just traded under $25 and dropping hard.
There never was any shortage. Just in coins/collector bars.
There will never be a shortage of paper silver.
Went to a seller yesterday, and they quoted me $50/oz for a generic silver round, while the spot was under $30.
I passed.
SLV was NEVER mentioned as a target on WSB. Never.
I wish the reporters saying this would actually go to Reddit and read the posts.
This whole thing has exposed the lazy business reporting. If you think they are doing anything but repeating what they see on Twitter and the other news sources...you are sadly mistaken. (Generic “you” not YOU, BC)
I wonder how deeply they are going to go after the folks front running this whole thing. THEY made out like bandits. There rest of them? Nope.
And this was the week of the month I was supposed to buy my gold and silver. Not likely when the retail buy price is nearly $100 over spot. We live in crazy times.