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'm just confused why people are stupid about this.
"Paper money bad! Precious metals good! Let's go buy paper silver!"
It literally doesn't add up. You have to be fuckin' mentally inept. I'm talking full on cognitively handicapped.
LOL right? There is no driving the stock up as you can't take physical delivery of the silver unless you go through Bank of New York Mellon and you are taking a shitload of delivery. You aren't going to be able to get 1 ounce delivery for a share of $SLV.