Odaily Planet Daily reports that Investinglive analyst Adam Button pointed out that this is one of the most glorious days in the history of the silver market. Such market conditions are rare in the commodities market. This week, we may see margin levels change again, but we have seen this happen multiple times recently, and it has not prevented the market from rising. Retail investors are flooding in, and there is obviously (but relatively small) gap in the spot market. This is definitely good news for silver miners, who will certainly consider selling some of their future production to the futures market, which could bring some selling pressure. The silver market is much smaller than the gold market, and its lower liquidity is a key reason for its rapid price increase. In the long run, this will be a dual-factor, but currently, it has formed an unstoppable upward trend. Setting the price at $100 was originally a significant test of profit potential, but the result triggered an astonishing rally.
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Analyst: Silver margin levels may change again this week
Odaily Planet Daily reports that Investinglive analyst Adam Button pointed out that this is one of the most glorious days in the history of the silver market. Such market conditions are rare in the commodities market. This week, we may see margin levels change again, but we have seen this happen multiple times recently, and it has not prevented the market from rising. Retail investors are flooding in, and there is obviously (but relatively small) gap in the spot market. This is definitely good news for silver miners, who will certainly consider selling some of their future production to the futures market, which could bring some selling pressure. The silver market is much smaller than the gold market, and its lower liquidity is a key reason for its rapid price increase. In the long run, this will be a dual-factor, but currently, it has formed an unstoppable upward trend. Setting the price at $100 was originally a significant test of profit potential, but the result triggered an astonishing rally.