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SchiffGold 6 days ago Peter Schiff. Mike Maloney writes Silver: What Next? On Monday, Feb. Unlike GameStop, there are fundamentally sound reasons to buy silver , with or without the endorsement of the Reddit traders. When the Reddit Raiders turned their attention to silver , Peter tweeted that they were getting smarter. The fact that some investors were foolish enough to short these stocks makes their trade even better. Silver is undervalued.Comparison Between Gamefly And Gamestop Which Is Video
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On Monday, Feb. Unlike GameStop, there are fundamentally sound reasons to buy silverwith or without the endorsement of the Reddit traders. When the Reddit Raiders turned their attention to silverPeter tweeted that they were getting smarter.
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The fact that some investors were foolish enough to short these stocks makes their trade even better. Silver is undervalued. I mean, it is way undervalued.
Recently, it was historically cheap in relation to gold. And there is a relatively significant short in the silver market that eventually is going to be forced to cover. People are on the hook to deliver it, but they never have to because the longs never actually want Befween silver. But one of these days, all the people who have bought these contracts are going to actually want delivery.
Alberto Mingardi
Peter said people should be buying silver. And people who are more speculative should look at silver stocks.
So, I would definitely encourage people to buy into silver. Sometimes people get complacent. Read More.]
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