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
Melvin Capital- the hedge fund that is being outright destroyed by crowd-sourced GME/AMC stock purchases- is one of the world's biggest Silver investors. Buying Silver stock only helps them to recover their losses. They are sending shill assets all over the internet and instructing media to promote some fake news story about WallStreetBets (the subreddit this all ORIGINATED from) "switching over to silver" so people will think it's the next big thing. It's not true. NOBODY there is recommending silver stock purchases. If you buy silver, buy PHYSICAL silver.
None of this is financial advice. I'm just a retard and I like the stonks. If you buy stock, you probably want to buy GME or AMC stock instead of getting misdirected by the fucking media. Keep the pain on those hedge funds. HOLD until those stocks reach the lunar surface- because every day that we hold, the banksters suffer an incalculable financial loss. GME doesn't appear to have any "limit" on how much it's worth can increase, so long as people involved with this HOLD.
Speaking of hedge funds, I read that WallStreetBets is now pretty much the world's largest decentralized hedgefund. Isn't it crazy what people can accomplish when they work together? :)
Don't switch, keep the pressure on GME. Silver is the next action.