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Silver shares: GameStop investor army on Reddit turns to new target – NEWS.com.au

Silver shares: GameStop investor army on Reddit turns to new target

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Theyve been buying up shares in struggling video game store GameStop and causing chaos on the stock market. Now an army of social media investors has shifted to silver as their target pushing its price up to the highest level in eight years.The price of the metal skyrocketed to $30.10 per ounce in overnight deals – that’s the first time it’s been that valuable since 2013. It has now soared by more than 16 per cent since Thursday.
Financial experts are linking the surge in its value to a series of…

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