By Kuldip K. Ambastha
During this past trading week, retail investors focused on the iShares Silver Trust ETF (SLV). The silver market is huge in market size, highly liquid, and worldwide (trading can happen for 23 hours of any given trading day).
During the last trading week (What Caught Our Attention in the Investment World? – Week of January 25-29, 2021), retail investors focused on GameStop Corporation (GME) and were able to create huge % gain and % loss figures from one trading day to the next. In contrast, the % gain and % loss figures seen for the iShares Silver Trust ETF during this trading week were significantly smaller. With GameStop, retail investors were able to create a situation in which many investors needed to close out short positions.
Retail investors buying and selling in the silver market were not able to create this same situation for the iShares Silver Trust ETF and other silver-related investment products. Especially because of the large market size of the silver market, investors of any sort are unable to corner the silver market. Getting prices to be temporarily higher or lower in the silver market is hard to sustain over time. Thus, retail investors during this past trading week were unsuccessful in their efforts related to the silver market.
Keywords – iShares Silver Trust ETF, SLV, ETF, silver, commodity, GameStop Corporation, GameStop Corp., GameStop, GME, long, short, gain, loss, market, trading, retail, investor.
Disclosure – The principals and clients of Ambastha Financial LLC have no positions in SLV or GME.
Disclaimer – No recommendations are being made via this post. Past performance is not an indicator of future performance. As an investor, you should do your own research and seek professional advice from a Registered Investment Adviser (RIA). You can lose money by investing in stocks and other instruments. Ambastha Financial LLC does not assume any responsibility (legal or otherwise) for any losses that may occur as a result of actions taken based on this post. All content copyrighted © 2021 – Ambastha Financial LLC.