Why do you think every major media outlet is pushing it? They are trying to take the focus off GameStop which is the real issue because they shorted it over 100%. Citadel owns a massive amount of SLV and they are trying to draw the price up at your expense to cover their GameStop loss. Don’t buy silver unless it’s physical Source: https://www.reddit.com/r/wallstreetbets/comments/l9runf/the_silver_squeeze_is_a_hedgefund_coordinated/ Lots of stuff on WSB about it too
Edit: looks like the shills have switched to telling us to buy silver and less of the “q is a domestic terrorist” line. They must have gotten an NPC upgrade over the weekend
I smelled this rat as soon as I heard Citadel had massive amounts of silver. I hope others figured it out too.
You should learn how the market works like the rest of us.
Citadel owns 10m ounces of physical silver.
BUT THEY SOLD 50M IN PAPER SILVER
If the price of silver is pushed 5-10$ now citadels physical is worth 100m
BUT GUESS WHAT YOU SMOOTH BRAIN RETARD!!!
THEY NOW OWE 500b in paper silver
NO CAN PAY OUT ON THE PAPER SILVER IF IT GOES UP IN PRICE
Same. It has really gripped TDW and TGA pretty bad