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
This post is misinformation unless you have evidence.
Handshake account telling me my post is misinformation that’s cool
Still haven't provided any evidence. That's cool.
Research it yourself, it's very easy to determine that the Enemy owns a lot of silver, and they also own even more of the paper certificates on silver via their banks and clearing houses.
I'm not going to argue the point, but just know that if you DO buy silver be sure you take physical possession of it, if all you get is a certificate you may well be screwed and you definitely will not affect the Enemy. Their silver price goes up - you will drive it up for them - and they own far more than you can own.
They may well recover from Gamestonks with people buying silver today.
Research it yourself instead of making non-arguments on the interwebs.
Silver is very different than Gamestonks.
https://files.catbox.moe/e4h2uj.jpg
Put a link in the text. Lots of other posts all over WSB about it
You linked opinion pieces as your evidence. Lmao
Really. Have you been paying attention?
All of a sudden the focus is on silver? Why? The thing is this:
If you obtained a put of say 15 dollars, but you hold it for weeks and months on end, you pay interest on it. Right?
So, all you have to day is sit down and keep your position till such time the initial wave of support is gone.
However, knowing these idiots manipulating everything, including perception if that helps their case, all of a sudden we see a "hausse" in articles trying to solicit support for another play. A bigger play, a play that is much more difficult to sustain.
By simply stating it lacking evidence, and therefor misdirection, the main weapon is many people focusing on one specific item.
By division of that focus, the sustained support for GME will flaunder and the price correction will set in.
How can that be of service? And to whom?
Goodluck!
Thank you for posting this! It’s exactly what will happen. Otherwise why would the same media that have been straight up lying to us try to “help” us out.
Thank you for pointing out the silver deal too on how hard it would be to achieve the same thing. GameStop is one thing, but the squeeze would have to be much bigger as I understand it
Here is some more information. Read carefully on the topic of Securities lending.
It is big business.
For those wanting a better understanding, read this first: https://www1.interactivebrokers.com/en/index.php?f=46942
Sounds good, right?
https://www.callan.com/blog-archive/securities-lending-101/
So, who is on the hook for what, exactly?
The collateral aims to protect the lender from borrower default and is typically required to be 102%-105% of the value of the borrowed security. On a daily basis, lending agents will mark-to-market to determine if the borrower needs to post additional collateral (“mark-up”) or if the lender must return collateral (“mark-down”) as the value of the borrowed security fluctuates.
So, if the hedgefund play would come to pass, and the stock GME would have decreased from $20 to $15 and I just loaned them my 20.000 shares at 20, meaning 400.000 for which collateral has to be given in the amount of $420.000, at 15 dollars, the collateral would represent 315.000, freeing up 105.000 for the hedgefund to play with.
However, the price went to: $300 and beyond.
do the math.