Lobo Tiggre: Reddit Silver Surge May be Brief, Focus on Fundamentals

This interview was filmed on February 1, 2021.

The spotlight on silver that started last week has continued, with the white metal reaching its highest point so far this year and receiving broad media coverage. 

The attention on silver was initially driven by comments on Reddit's WallStreetBets forum — the same group that has spurred recent market activity surrounding GameStop. But by the weekend, WallStreetBets members were decrying silver as a distraction.

The Investing News Network turned to Lobo Tiggre, founder and editor of IndependentSpeculator.com, to get his thoughts on the quickly developing situation.

#Silver #WallStreetBets #Reddit

0:00 - Intro
0:20 - Silver and WallStreetBets - how it started
2:13 - What could a silver squeeze look like?
6:11 - Why WallStreetBets turned on silver
10:24 - Lobo's bottom line on silver right now
14:25 - The scramble for physical silver
17:14 - Implications of trading app restrictions
20:44 - Impact of WallStreetBets for hedge funds
22:49 - Silver fundamentals have never looked better
26:27 - Outro

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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Видео Lobo Tiggre: Reddit Silver Surge May be Brief, Focus on Fundamentals канала Investing News