Silver futures
Definition
Standardized tradable contracts on commodity exchanges obligating the buyer to purchase, and the seller to deliver, a specified quantity of silver at a predetermined price on a future delivery date.
A derivative financial instrument used by investors, hedgers, and speculators to gain exposure to silver price movements without physical ownership of the metal.
Examples
After dumping his meme stocks, he pivoted to silver futures, betting the apocalypse would boost precious metals.
Silver futures were skyrocketing as influencers hyped 'digital silver' alternatives that nobody actually wanted.
She nailed her silver futures trade by timing it perfectly with the full moon—werewolf portfolio confirmed.
In the chaos of inflation, silver futures became the shiny escape hatch for his otherwise dull retirement fund.