Silver? Seriously? After slaughtering the shorts on GameStop, the decision by the bloodthirsty trading masses to ramp up the poor cousin of a barbaric relic hints at a campaign that might soon be too far stretched to conquer those dastardly institutional investment armies.
I’m guessing copper is next, or why the hell not a tilt at coffee (just to stuff up the affordability of my long-held vice). As much as I love to see retail investors giving the so-called pro traders a sucker punch or three, this social media-driven euphoria will end in tears. Beware when your teenage son is giving you investment advice, or the barman chides you for portfolio conservatism...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.