Calls for Mass Purchases of Silver Gain Traction Online
A movement is gaining momentum online, with proponents urging retail investors to buy silver en masse on Monday, March 31. The goal is to disrupt the dominance of major financial institutions in the precious metals market.
The movement appears to have originated from a March 22 post on X, formerly Twitter, made by user @TheSqueakyMouse, who urged followers to band together to buy silver. The message quickly gained momentum, particularly after being amplified by analyst Jesse Colombo.
Colombo, who posts on X under the handle @TheBubbleBubble, has been vocal about what he claims is a longstanding suppression of the silver price by large financial institutions. He argues that financial institutions are suppressing silver prices through "naked shorting," a practice where banks take short positions on silver futures.
The Silver Squeeze 2.0
Colombo and other supporters argue that a coordinated surge of physical buying could catch banks off guard and break their hold on the market. By encouraging retail investors to purchase physical silver, the movement hopes to exert upward pressure on the price, potentially forcing banks to cover their short positions, leading to a short squeeze scenario.
Echoes of the 2021 Silver Squeeze
This is not the first time retail investors have attempted to challenge institutional short positions in silver. The original silver squeeze in early 2021 followed the high-profile GameStop short squeeze, where retail traders successfully drove up GameStop’s share price, triggering massive losses for hedge funds.
Market Reactions and Price Movements
The silver price stayed relatively steady ahead of Monday, with some minor upticks. One key factor to watch will be the demand for physical silver versus paper silver (such as futures contracts or silver exchange-traded funds). If enough investors opt for physical bullion — rather than financial instruments that may not require actual silver delivery — it could create supply constraints that drive the metal higher.
Conclusion
Whether the Silver Squeeze 2.0 succeeds in significantly impacting the silver market remains to be seen. Whatever the result, the movement has reignited discussions about potential price suppression in the precious metals market and raised awareness about how retail investors can influence commodity markets.
As of 2:55 p.m EST the silver price was holding in the US$34.03 range, marking a 3% uptick over the last five days and a 16.34% increase since the start of 2025.
