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'GameStop in 2026': How silver market has morphed into meme trading
CNBC· 2026-02-03 01:42
A vendor shows various models and weights of silver bullion at a gold jewellery manufacturer in "El Sagha", as gold prices recorded an increase after a devaluation of the local currency, at the gold market area in Cairo, Egypt January 14, 2024.Silver's rapid surge and equally dramatic reversal in recent weeks has led market watchers to ask a fundamental question: when does an asset stop trading on fundamentals and start behaving like a meme?The volatility in silver prices has drawn growing comparisons to me ...