In layman terms- SLV is an ETF and operates like a stock in that people take long and short positions on it. It is different than a stock in that it isn’t based on a particular company. Investing in SLV helps Citadel as they are long, shorting SLV hurts them. citadel is also long in AG so same applies there for that stock. The best way to handle this via stocks is to buy short positions on either. In the long run, hold physical unless the paper can be used when toilet paper becomes scare again.
Ok thats kinda how I understood it. If the whole point of the GME movement is to fuck over shortsellers. Then this push to get SLV stock is going to help bailout these companies. Thanks for the info!
In layman terms- SLV is an ETF and operates like a stock in that people take long and short positions on it. It is different than a stock in that it isn’t based on a particular company. Investing in SLV helps Citadel as they are long, shorting SLV hurts them. citadel is also long in AG so same applies there for that stock. The best way to handle this via stocks is to buy short positions on either. In the long run, hold physical unless the paper can be used when toilet paper becomes scare again.
I think AG is the mining company, not the metal in this case...
Ok thats kinda how I understood it. If the whole point of the GME movement is to fuck over shortsellers. Then this push to get SLV stock is going to help bailout these companies. Thanks for the info!