RE: POS attempt on $301 Feb 2021 09:25
Saw something on this yesterday on Twitter. It's not just a case of the physical shortage but that futures are shorted on silver to keep the price down while hedge funds make moneyoff of it. If those shorts expire they have to buy the stocks at higher prices which then pushes the price up further.
Oh what a shame for investors in Silver be that physical, miners like HOCH & POLY or ETF trackers (which were all up circa 9% first thing this morning)!
BTW, AMC Entertainment has a shedload of shorts expiring Monday through Thursday at prices far, far, far lower than Fridays $13+ close.