Be careful with this silver play. It feels VERY unorganic. Even the media is pushing it a lot. A lot of the WSB accounts pushing this were dormant until just recently. I like silver and have plenty of coins but this is fishy.
Yep. I've had a feeling since the gamestop shorts that there is a hidden hand. This silver thing sends that feeling over the roof.
A lot of guppies thinking they can safely swim in the shark tank. In the end, the only ones that get screwed are us. I agree with you. There seems to be an unseen hand pointing all the lemmings towards the cliff.
What if the hidden hand is Trump?
Listen to Trump Junior on this topic:
Trump Jr talks about how everything is rigged against the little guy. He thinks what the little people did this past week to break huge Evil Hedge Funds was GREAT, because they are always betting against the little guy, AND PROFITING WHILE THEY DO IT!
And that has NOTHING to do with silver. And he didn't fucking say any of that except brokers are corrupt.
Exactly. You still think Trump isn't of the same cloth as the rest, so to you that's a good thing.
The risk is only high when the price goes up.
That only matters with the price you got in with. Risk could be high now if it drops 30%.
I got in at $30 and $35/oz. for silver in hand and I'm not in for much. The floor should be around $27 since that was the spot price on Friday. 100 oz at $35 is a potential $800 loss maximum and few people are going in for $3500 in silver on a whim.
We're looking at an immediate price spike and probably a sustained spike. The question is the magnitude and duration, as always.
Or you can just buy and hold with no intention of selling.
Here's what happened at GAMESTOP last week:
https://t.me/freedomforcebattalion/884
This goes into more detail about Gamestop and RobinHood, which stopped people from buying.
https://rumble.com/vdemtf-gamestop-leads-to-gesara-gold-dod-11.4-1-29-21.html
We all know they have been manipulating the price of Gold and Silver for years to keep below its true value. So the theory is, if enough people buy Silver, then it will put these MANIPULATORS of Precious Metals out of Business!
For them its a self fulfilling prophecy: they buy shorts and THEN tell everyone silver is going to go down in value. People believe the rumor and dump their silver, which causes silver to go down in value. The average person loses their shirt but THESE MANIPULATORS make a FORTUNE on their "shorts"! So the idea is to use the exact same rigging they do to We The People constantly, and cause them TO SUFFER THE MASSIVE LOSSES instead of We The People, and thus drive these Banksters out of business! If enough mom & pop types suddenly start buying silver, it will cause the price of Silver to go up (because all brokers use the spot price to make their trades with you), and these MANIPULATORS loaded up with SHORTS, will be forced to buy silver at higher prices, causing them to lose money. You take the price high enough, you can force them into bankruptcy. These are the same people who laughed at We The People when people lost their homes and their businesses in the 2008 crash. These are the same people who made a FORTUNE off of CV19 Lockdowns! These people are EVIL!
Remember there are more "We The People" than there are Bankster Frauds.
You have zero idea what the fuck you are even talking about. Silver isn't Game Stop. And who owns SLV? Please fucking tell me. JP Morgan? Citadel? Melvin. Yes, they all do.. Just shut up if you dont have a clue.
This a play to hurt yourself. Don't bet against a rigged house.
The GME play was incredibly rare and it will expose more corruption on wall street. Anybody jumping in to current trends is likely to get burned.
People forget that r/WSB is all about high risk plays, and celebrating loss porn.
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