Money couplet company (Shanghai edits Liu Rui) dispatch, as Reddit comes loose last week door people the line of sight arrives from game dak move on silver, silver from last week four begin to go up greatly. The open quotation between week early in the morning, silver soares for a time exceed 8% to come 29 dollars upper part, this is since 2013 the biggest go up, achieve since last year September new tall.
Of silver soare to had spread to objective market from option market, drive relevant stock and ETF to go up greatly subsequently. And the expert says, the US stock comes loose door people push litre of silver future likely to the extruding nominal behavior of silver to go up to 40 dollars - 50 dollars.
Reddit heat fries a focus to transfer to silverOf silver this round unusual rise originate Reddit last week the hot post of 4. Post having heat says, the price of silver and gold sufferred a large number of banks operate, the silver price after inflation is adjusted " should be 1000 dollars, and rather than 25 dollars " . Should stick an appeal everybody squashs nominal, let silver restore " real value " .
Many and similar such opinion on public affairs stimulates silver to go strong continuously, drove the demand of objective market. Because demand exceeds supply, last weekend, retail website suspends many main precious metal of American even sale silver product, include Money Market, SD Bullion, JM Bullion, Apmex and North America of fertile Er Ma. They all express, in silver inferior dish open quotation (North America weekday in the evening) before cannot take on new order.
Company of coin of Si Weier of favour of American Florida lid (Gainesville Coins) discloses, go 3 days, the excessive price of American eagle silver already rose from the normal level of 2 dollars to nearly 5 dollars.
Of silver soare to also be pushed tall other and relevant asset. Last week 4 with Zhou Wu two trade in a few days, mining industry of North America silver Coeur Mining and Pan American silver (Pan American Silver) rise respectively 16.9 % and 14.7 % , the silver that install large is fiducial (IShares Silver Trust) rose 6.7 % .
Last week 5, american silver ETF " SLV " the capital that recorded nearly 1 billion dollar is flowed into, almost relatively the record when 2013 turned over one times again.
And Zhou Yibai soares silver-coloredly to had been pushed tall Australia is small-sized mining industry go up situation. End distribute news dispatches, australia is small-sized mining industry Argent Minerals, Boab Metals and Investigator Resources all rise exceed 15% .
Analyst: Silver may go up 40 to 50 dollarsThe US stock comes loose door people filling apparently to the enthusiasm of silver. Weekday evening, the WSB of Reddit forum board piece many active themes are stuck, discuss silver technically. Meanwhile, the phrase of the extruding silver nominal that mentions in Reddit hot post " #silversqueeze " also make hot statement on Twitter.
Broker company IG Markets is stationed in Melbourne analyst Kaier Rhoda (Kyle Rodda) expresses: "Appeared now a kind of strange case, the vermicelli made from bean starch of Reddit people changed the look to a bigger whale, try to facilitate some kind of nominal of silver market squashs. Try to facilitate some kind of nominal of silver market squashs..
Cameron Winklevoss is pushing the associated author that adds Gemini of close money firm to go up especially say: "The consequence of # Silversqueeze nots allow small gaze. If paper silver demand over hypostatic silver, will cause tremendous growth not only, and gold will be next (target) . And gold will be next (target) ..
Division Phil Streible represents the chief market strategy of Blue Line Futures of futures broker dealer, will look according to current condition, be in silver target price surely 40 also be not to 50 dollars impossible.
"What we see here is, people is aimed at the these tall Beta, product that is in short supply highly, see on GameStop last week like us in that way, " Streible says. "They had changed silver market, what they are trying to do is to let the market demand exceeds supply, turn costly case thereby. Turn costly case thereby..