My first meme...
(media.greatawakening.win)
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Not bad meme for a dog
Silver Retriever?
Why didn't anyone point out my typo!? SLIVER?! I'm so embarrassed.
HI HO SLIVER! AWAY!
Nice pooch meme! I've been reading a lot about silver lately after seeing the push on WSB. I've read that the price is heavily depressed because much of the supply is "on paper only." Still trying to find some sauce for that nugget, but an interesting proposition.
No one knows if you’re a dog buying silver on the Internet.
The Shadow KNOWS!!!!
Where are people hearing this crap? It is not possible to short squeeze silver, there is a massive supply to draw from, so it isnt naked shorted by more shares than exist, which is what makes GME possible. Beyond that, institutions have been switching from short to long on silver for at least a month. Buy physical silver or gold, but dont expect a short squeeze. This is a distraction.
Thats exactly what it is. Dont get me wrong, silver has been suppressed through shorting and is a good long term play in my opinion, but its NOT going to be causing anything resembling what we saw with gme. Melvin likely covered much of their positions in the manipulated drops caused by trading halts, and the rise after. If they know when a fall and rise will happen... Because their owners/parent company are orchestrating it.. They can cover. The reason this is all incredible is because normally theyd never be so blatant with the manipulation. Normally it would be subtle and much of it algorithmic. But this time they were caught with their hand in the cookie jar and got desperate to avoid rapid insolvency and worse, so they just made a hail Mary play out in the open. Their buddies in media and congress ran defense.. And it looks like theyre gonna get away with all of it.
I generally understand the idea, but 1.5 Trillion market cap? Does anybody honestly think we can make a dent? Nobody is skeptical about the timing of this push? Shills pumping this and bashing GME all over the internet? Who currently owns the vast majority of silver and who stands to profit the most?
Thank you for the link, finally some solid input. I'll be digging into this for the remainder of the day.
Tbh, I bought the physical silver because it's good to have diverse investments. I believe that with the way things are going (I hope) there won't be paper currency with any value in a few years. I am expanding into metals, as well as more in crypto and other tangible assets. I have read mixed reports about there being shortage in silver mining (probably due to electronics usage), and this causing some crises within banks, but that was secondary in my thinking. As the meme suggests, I don't know what I'm doing, though, but thought it was funny. I have mutual funds and some stock, but am not able (per SEC regulations without getting into it) able to purchase $GME. Of course, that doesn't stop congresspeople from insider trading.
I cannot per SEC. Go for it if you're able.
$SLV. Got a hot tip about SLV last night from a friend in Chicago. VP at a firm selling SLV futures contracts. He says BUY SLV NOW! That's all I need. Tomorrow. SLV to the MOON!
Buy physical, SLV is fiat. They conjure it out of thin air.
This, many times over. Stack and stack then stack some more. Yes, it’s true “you can’t eat gold” (or silver) but you can’t eat paper either. If you don’t have it in hand, you don’t have it.
Exactly
Just bought 233 ounces. Will buy more tomorrow.
Great for a first !!!
Updoot for the dog. I like your meme.
Honestly I think it’s harder to hold silver because they can just produce more, vs a stock like GameStop where there is only so much of it.
Most silver is not able to trade, as it’s bound up in cables, electronics, cars etc. Solar panels have about a third of an ounce each, a Tesla a few hundred. Around 18 million ounces are mined every year, and there are like a billion derivatives sold. Silver used to be 1:10th of the price of gold, now it’s about 1:100th.
Silver is highly underpriced because of banks and hedgies are shorting it.
Good to know, thank you!
Can you link to something supporting these claims about hedgies shorting? Looks to me Morgan Stanley, BOA, UBS, Wells Fargo, and last but not least CITADEL are the top 5 owners of SLV. Please help me understand. Why is WSB not on board with this, and how will this be a success w/o them?
I have stocks, too. My limited and ignorant understanding is that a lot of silver mines are tapped. I was hoping that the banks would crash and I could use the coins and bars as trade when SHTF.
Wait is this a dog comm?
So do we buy derivatives or physical, or both? Don’t we need the shorters of derivatives to suffer for the physical price to go up? Or what’s the deal there?
That is way beyond my level of knowledge. I bought physical in case SHTF and figured it would also help destroy the banks in my limited and ignorant understanding.
I really like GME, just saying... not financial advise