1980Scale

SLV stock today is front and centre after silver’s 1980-scale selloff. The iShares Silver Trust (SLV) slid 28.5% to US$75.44, with an intraday low of US$69.12 as margin calls hit leveraged longs. The move followed reports that Kevin Warsh could lead the Fed, boosting the dollar and triggering forced deleveraging. We break down what drove … Read more