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First, it was GameStop, now the price of silver on the rise

Posted at 7:35 PM, Jan 31, 2021
and last updated 2021-02-01 07:53:15-05

LAS VEGAS (KTNV) — First, it was GameStop.

The company's stock value has skyrocketed because of a movement of people on Reddit.

Now, that same community is talking about silver.

RELATED: GameStop soars again, gaining 400% this week; Wall Street bends under the pressure

Local sellers are already feeling the impact.

Nevada Coin Mart says they saw large lines today ahead of the stock market opening tomorrow.

As for game stop and other stocks gaining media attention like AMC, American Airlines, and Bed Bath & Beyond.

Robinhood is now limiting the amount of those stocks that people can buy.

They say it's to protect people in a volatile market.

But the move is sparking outrage from some traders who believe those actions are regulating what should be a free and open market.

The Nevada Coin Mart is a sponsor of 13 Action News.