Analyst: Silver margin levels may change again this week

Odaily News Investinglive analyst Adam Button pointed out that this is one of the most glorious days ever for the silver market. In the commodity markets, moves like this are rare. We might see margin levels change again this week, but we've seen this multiple times recently, and it hasn't stopped the market from rising. Retail investors are rushing in, and there is clearly a (relatively small) gap in the spot market. This is absolutely great news for silver miners, who will certainly have to consider selling some of their future production into the futures market, which could bring some selling pressure. The silver market is much smaller than gold, and its lower liquidity is a key reason for its rapid price increase. In the long run, this will be a two-sided factor, but for now, it has formed an unstoppable uptrend. Setting the price at $100 was originally a major test of profit potential, but the result triggered an astonishing rally.