SLV: A super cautious buy?

1 Şub 2021

While I have yet to see any REAL evidence that Reddit is pushing silver up, the fact of the matter is that SOMEONE is. Looking at the trends (and obviously, I am a smooth-brained idiot, so this is not stock advice) I would say that it probably makes only a small measure of sense to enter a position right now, but you will need to be ready to take profit and close your position. We are not at the 52 week high (27.39), but we are within ~10 percent. It isn't quite to late to enter this stock, but I would not invest anything you couldn't afford to lose in this. Since this isn't really market action at work, anything happening right now is guess work, and fundamentals has nothing to do with your choices.

Might go to the moon. Might be a pump and dump by people who suddenly feel the need to cover their short positions. I am long on SLV, but I recognize it is a dice roll, and am only into a very small position.