Well, I waited on hold there for about 20 minutes and got a live person who said they got word today that they can't sell silver. The market is too volatile. "Have you hear what happened with Reddit?" she asked me. I said yeh, that's why I want silver. She said to call back next week. I'm not SOL. I went to my local pawn shops and bought em out of 1 oz .999 coins and a 10 oz bar. Also ordered some on ebay and on amazon last night. I'm ready for the ride!
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No one is saying to stop squeezing GME! That show is just getting started.
Silver is the next play and it's going to bring major pain.
Someone on another thread here about silver as well as on WSB described the move on silver as a trap. JP Morgan owns most the silver and will bail out there buddies. That's the gist of it I think.
You don’t think there is dinsinfo circulating on WSB? They’re literally the biggest target in the world right now. How easily manipulated is Reddit?
Put yourself in “their” shoes. You know that silver prices are suppressed immensely. You know that most of what is circulated is paper, not physical silver. You know that there isn’t enough physical silver to cover the demand. You know that a successful short squeeze on silver would collapse the central banks, and therefore, the global power structure.
Now, what would YOU do?
If you think the propaganda about election fraud was insane, what about something that would bring the system toppling down for good.
Now, forget profit. Forget the short squeeze. What about the fact that 50-60% of ALL USD to ever exist, were created in the last year. How does that not cause massive inflation?
To me, the play with silver isn’t to get rich. It’s not even to bring down central banks. It’s a vehicle to help ride out that inflation. Even if the value of silver doesn’t go up, the value of fiat currencies will absolutely go down.
Also, unlike stocks or crypto, silver can’t be wiped out from an EMP or solar flair.
But honestly, I’m not a finance person. I’m just trying to look at things logically.
makes sense
They are short silver and have been for years.
There is not enough silver to cover all the shorts.
And given the amount of fud, you can see they are scared.
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