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Silver Closes Above Its 200 Day Moving Average

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The 200 day moving average is one signal that the computer algos watch. Recently, silver had fallen below its 200 day moving average as shown on the chart below from stockcharts.com . But Thursday (4-1-2021) it closed well back up above the 200 day average. The chart below (based on the April silver futures contract) shows the 200 day average at $24.77 and a candle yesterday that moved from below that price point to close at $24.95. chart from stockcharts.com click on chart to enlarge
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Wall Street Silver Founder Discusses Group's Mission & Goals (Q&A Interview)

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                                                            Ivan on Kitco News (Youtube image) The Wall Street Silver subgroup on Reddit burst on the scene in late January 2021. Wallstreetbets on Reddit had made media headlines with its short squeeze play on Gamestop. Seemingly, out of that effort emerged the idea that the silver market was also set up for a potential short squeeze. Ivan Bayouhki, a member of the Wallstreetbets group, emerged as a leader for the new r/Wallstreetsilver sub group on Reddit. Ivan kindly agreed to take time to do a Q&A style interview to discuss the mission and goals for Wall Street Silver over the long term. While the Wallstreetbets group tends to focus on shorter term investment goals related to specific stocks like Gamestop, Ivan sees Wall Street Silver as a potential long term movement for him now. Be...
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