Previously, we discussed what Reddit’s WallStreetBets were up to and where they might turn next. At first, many thought it would be the silver price because of previous discussions happening on the subforum. However, the CME Group increased its maintenance margins on Comex 5000 Silver Futures by about 18%, spiking […]
Market News
2021 Platinum Price – Will it Outshine Palladium?
Although investors usually buy gold and silver, you may have noticed the recent and steady climb in the platinum price per ounce. The price of platinum has grown and maintains its footing above $1,000 since the start of December. This extreme rise has not yet lost steam and the metal […]
Reddit & Occupy Wall Street 2.0, Silver Bullion is Next
UPDATE: 2/2/21 As of Tuesday, both the silver bullion price and $GME are falling. Although yesterday the silver price broke past $30 per oz, today it appears that interest has died down. The price plummeted to $26 at the end of the NY trading day. Many believe that $SLV and […]
The Gold Spot Price and the 2021 Inauguration
Gold Spot Price vs Bitcoin Price Last week, the gold spot price paled in comparison to the price of Bitcoin. The main factor that contributed to Bitcoin’s historic rise was that investors no longer trust political leaders with their monetary and fiscal policies. Owing to the US government’s continuous printing […]
US Election and the US Mint, What’s the Relationship?
The US election and the US Mint have a closer relationship than some might assume. Because it is a government agency, the US Mint director remains a position that the current president can hire/fire. David J Ryder is the current US Mint director. He faces some backlash at this time […]