What will the Reddit Retail Rampage of 2021 turn out to be? Will it, like most things that abruptly enter the mainstream’s consciousness, slide out of time and memory? Will it turn out to be something more than what currently resembles nothing but the final gasp of speculative fervor that so commonly marks the end of bull markets?
While attention and headlines were focused on the herd behavior of a select group of Reddit users and the hapless retail brokerages caught in the crossfire of the whole “Retail vs Wall St Bankers”narrative, little was said about the rampant speculation that the episode ignited in the broader retail investing world. How will this play out for the bank accounts of all involved?
At this point, no one knows with any certainty what will happen next.
Will the surge in physical prices lead to a surge in SLV’s price? If it does, it would be a purely speculative move simply because the mechanism which keeps SLV trading with physical prices, the APs, isn’t working anymore.
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