# Reddit is coming for silver. A short squeeze? Unlikely | Financial Post

> Silver prices hit their highest level since 2013 as retail investors encouraged by Reddit posts bought the metal and pushed up silver miners' shares. Analysts said a short squeeze similar to GameStop's is unlikely because adequate silver supply exists.

- Date: 2021-02-01 · published 2021-02-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/5010-reddit-is-coming-for-silver-a-short-squeeze-unlikely-financial-post
- Commodities: [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

The rally is speculative and analysts expect it to fade, so it has no lasting effect on feed grain, oilseed or protein prices.

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/reddit-is-coming-for-silver-a-short-squeeze-unlikely

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.