-22% today
-50% from all time high
– YTD – it has erased all its gain
Silver just delivered one of its worst weeks in recent history. The iShares Silver Trust (NYSE:SLV) plunged 22% today to around $61$ erasing months of gains in just five trading days.
The speed and severity of the collapse has retirees asking whether this represents a rare buying opportunity in precious metals or a warning sign that commodity exposure doesn't belong in retirement portfolios
The irony? Despite paper silver cratering, the physical market told a different story. Analysts noted the futures market remained in backwardation, meaning immediate delivery prices exceeded future contracts. That suggests real scarcity, even as the ETF hemorrhaged value.
Posted by SadOnion2110
12 Comments
Silver trade like Bitcoin.
Can’t catch a break lol
AI slop strikes again. I guess maybe the insane AI CAPEX will be worth something if every redditor uses it instead of using their brains.
USD is next
Say it with me – market manipulation!
I had a 2/20 80P that I sold last week around 70. Damn, would be 20 deep ITM now.
So… are any of you going to buy?
What’s a good price to buy SLV? Have 200 bucks averaging 67, am I cooked?
the physical will catch up to paper eventually.
Metals and stocks both falling. US bond yields are also falling though, so seems like bond bros are having their moment.
Serious question: do people not understand how market volatility works? Do they think an asset like silver (or any asset, really) can go up 140% in 2 months and not eventually crash?
This is how markets work.
Let it get to $50 and I’ll be buying physical like crazy
Hopefully ppl didnt try to catch falling knives.