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Silver Squeeze – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sat, 18 May 2024 15:36:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Silver Squeeze – DIGIT INFO https://www.digit.info 32 32 Silver Squeeze: Precious Metal Soars 11.8% in 5 Days, Reaching Its Highest Price Since 2013 https://www.digit.info/silver-squeeze-precious-metal-soars-11-8-in-5-days-reaching-its-highest-price-since-2013/ Sat, 18 May 2024 15:36:55 +0000 https://www.digit.info/2024/05/18/silver-squeeze-precious-metal-soars-11-8-in-5-days-reaching-its-highest-price-since-2013/ Read more]]> Silver Squeeze: Precious Metal Soars 11.8% in 5 Days, Reaching Its Highest Price Since 2013This week, the price of one ounce of silver has seen a significant rise. Over the past five days, silver has increased by more than 11% against the U.S. dollar, surpassing gold’s 2.3% five-day gain. Silver reached $31 per troy ounce for the first time since February 2013. Silver Hits $31 per Ounce, Outperforms Gold […]

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Silver Rallies 7% Rising Past $20 per Ounce, US Mint Says Fabricators Are ‘Struggling to Keep up With Demand’ https://www.digit.info/silver-rallies-7-rising-past-20-per-ounce-us-mint-says-fabricators-are-struggling-to-keep-up-with-demand/ Sat, 05 Nov 2022 15:30:33 +0000 https://www.digit.info/2022/11/05/silver-rallies-7-rising-past-20-per-ounce-us-mint-says-fabricators-are-struggling-to-keep-up-with-demand/ Read more]]> On Friday, as the global cryptocurrency market cap jumped 5.4% higher against the greenback, U.S. stocks rallied toward the end of the day with the top four major stock indexes gathering gains. Precious metals also soared as the New York spot price of gold per troy ounce increased by 3.20%, and silver’s price value skyrocketed […]

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Analyst Says if Silver Dips Below $18, Precious Metal Could ‘Get Absolutely Smoked’ — Morgan Report Founder Expects a Supply Crunch https://www.digit.info/analyst-says-if-silver-dips-below-18-precious-metal-could-get-absolutely-smoked-morgan-report-founder-expects-a-supply-crunch/ Sun, 21 Aug 2022 18:00:05 +0000 https://www.digit.info/2022/08/21/analyst-says-if-silver-dips-below-18-precious-metal-could-get-absolutely-smoked-morgan-report-founder-expects-a-supply-crunch/ Read more]]> While gold’s been teetering along at just under $1,750 per ounce, the price of silver has dropped considerably, sliding 2.33% in value against the U.S. dollar during the last 24 hours. Silver has lost more than 28% against the dollar during the last 165 days or since March 8, 2022. Despite the lower prices, David […]

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Gamestop Shares and Reddit Fueled Stocks Plummet, Crypto Fans Say Bitcoin Is the Only True Attack https://www.digit.info/gamestop-shares-and-reddit-fueled-stocks-plummet-crypto-fans-say-bitcoin-is-the-only-true-attack/ Tue, 02 Feb 2021 18:30:23 +0000 https://www.digit.info/2021/02/02/gamestop-shares-and-reddit-fueled-stocks-plummet-crypto-fans-say-bitcoin-is-the-only-true-attack/ Read more]]> Gamestop Shares and Reddit Fueled Stocks Plummet, Crypto Fans Say Bitcoin Is the Only True AttackFollowing the Wallstreetbets saga last week, a great number of the popular shares being fueled by social media have started to tank in value. Gamestop shares dropped over 60% on Tuesday, while AMC dropped more than 49% shaking investors who bought into these stocks to the core. Meanwhile, a number of cryptocurrency advocates believe the […]

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Silver Squeeze Goes Viral, Ounce of Ag Jumps Above $30, Wallstreetbets Fans Question Trend’s Legitimacy https://www.digit.info/silver-squeeze-goes-viral-ounce-of-ag-jumps-above-30-wallstreetbets-fans-question-trends-legitimacy/ Mon, 01 Feb 2021 23:15:19 +0000 https://www.digit.info/2021/02/01/silver-squeeze-goes-viral-ounce-of-ag-jumps-above-30-wallstreetbets-fans-question-trends-legitimacy/ Read more]]> This past week, another social media trend started on the Reddit forum r/wallstreetbets, which aims to initiate a large silver short squeeze in order to push the price of the precious metal to $1,000 per ounce. However, the silver squeeze trend comes with controversy, as numerous wallstreetbets supporters believe hedge funds like Melvin Capital and […]

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