With the amount of attention r/WallStreetBets has received, and the amount of chaos they caused in the markets, you know they are figuring out their next move, and targeting a new opportunity to attack.

Recent posts on Reddit’s r/WallStreetBets forum have focused on silver, and there were specific posts guiding individuals to use the IShares Silver Trust, which is the largest silver exchange-traded fund.

Here’s what one poster specifically said on the Reddit forum. “Silver Bullion Market is one of the most manipulated on earth. Any short squeeze in silver paper shorts would be EPIC. We know billion banks are manipulating gold and silver to cover real inflation. Both the industrial case and monetary case, debt printing has never been more favorable for the No. 1 inflation hedge Silver.”

Another posted “BIGGEST SHORT SQUEEZE IN THE WORLD.”

So here’s the big question; can the Reddit crowd do what they did to the silver market what they did for GameStop and AMC?  John Feeney, the business development manager at Guardian Vaults gave his opinion to Bloomberg News. “It is true that the combined efforts of those on the Reddit forums can dramatically influence the price of individual stocks, but if you compare the size of the entire silver market to the market cap of the individual companies that forums have recently targeted, we don’t see this as having potential to significantly move silver into a short squeeze scenario.”

“Silver’s market cap is too large and those on the forums typically want to see quick gains, so I wouldn’t read into it too much,” he followed.

Another analyst, Peter Schiff, the CEO of Euro Pacific Capital told Bloomberg the Reddit crew might be on to something. “They’re getting smarter. Silver stocks are actually cheap, and represent good investment value. The fact that some investors were foolish enough to short these stocks makes their trade even better.”

As of 3:00 PM Eastern on Sunday, it appears the Reddit users are already making an impact in the silver market. Several silver dealers have messages on their websites about shortages of silver coins. APMEXf, JM Bullion, SD Bullion and MoneyMetals all are warning customs that they either can’t acted additional orders, or that there will be shipping delays of 5-10 days.

The global silver market opens at 6 p.m. ET on Sunday, and that’s when things could really get wild.

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