More GME Divide and Conquer
ℹ️ ⚔️ Information Warfare ⚔️ ℹ️
Just like what happened to r/WallStreetBets at the end of January over the weekend in r/GME suddenly the main mods got booted by new mods with a suspicious statement that they voluntarily stepped down and dissenters are getting banned. They're already reforming at r/SuperStonk and confirming that they were forced out, even the daily due diligence thread at r/GME got deleted this morning. Looks like another wake up call for those redditors.
Ive been going for silver ? as the long hedge. Stocks always feel a bit... Risky to me.
They are but not GME. GME might be the only sure thing in life after death and taxes.
GME cant be stopped it will trigger the largest short squeeze in world history and it will rip a domino effect in the entire financial market.
How can they be so sure? Can we really know that the banks/hedgefunds will not screw over the stockholders? They are now shorting the US treasury bonds.
I'm of the opinion that stocks are just 1 avenue of many to generating wealth. I think having some stock is not a bad thing. I would for sure be smart about it.
When I invested I invested in sin stocks. Weapons and defense contractors, alcohol, cigarettes, marijuana, pharma (mainly opioids) and sex related stock which is, thankfully very limited on the exchange. Most people are weak willed so I knew at the very least these stocks wouldn't crash and bottom out any time soon.
Sin stocks usually aren't big in terms of return though. Some are but your return in them mostly depends on the number of shares and not so much the size of the gain per share of each single share. I wouldn't get any stock now though. Heavens no.
I think what kind of pisses me off about stocks is that every financial "professional" insists that stocks are the way to go if you want to generate wealth but won't tell you it's the economic equivalent to running the penny slots at a casino. Sure the payouts for somethings could be huge but most of the time unless you rig the game you're be lucky if it's a moderate return with the commercially available stocks.
Yep and glad to see more people who know that we need to attack on multiple fronts (r/WallStreetSilver really needs to drop their "rivalry" with GME.)
Yeah I remember the MSM push on SLV, which the silver group is very against. Maybe there's some old animosity but you can't mention GME in the silver group without getting ganged up on or your post deleted just like how you can't mention silver in a GME group without getting mocked.
"Retail" silver is sold out everywhere- 1oz rounds/coins, 2 and 4 oz bars, stuff like that- unless you want 1oz rounds with Biden's face on them (kek). Zero issues getting supply on kilo, 100-ounce (or larger) bars.
Big banks own the majority of 'investment grade' silver, so there isn't much we in the retail world can do to influence spot price, barring a major financial event that would cause banks to liquidate their holdings. What is happening is an inflation of the "premium"- how much a broker charges to put physical coin in your hand. Ten years ago it was maybe 5%. I'm seeing 50% in some places- a round worth $24 in silver going for $36.
Methinks William Devane is swimming in all the cash he got from Rosland... the brokers are the ones making money hand over fist right now.
I bought a bunch of PSLV in my Roth as a hedge and I’m wayyy down.
I buy physical too, and that price has gone up a ton. Totally rigged.
it is. The only safe investment atm is GME
Big mistake I feel. Citadel and the hedgies got huge options in silver. When they crash the price of silver will crash as-well. If I was you sell you silver buy GME and when the largest short squeeze in human history happen you can buy silver at a huge discount
btw this is not financial advice im a retard
All that matters as long we share information then we good then its up to each of us to do our own due diligence and research.
God bless you
WallStreetBets was started the very same day Trump tweeted about the stock market back in 2012. Jr has said that the mascot looks an aweful like like a younger Trump and then went onto say that there are no coincidences.
It really does appear Gamestop is part of the plan.
Intended or not it is one of the ONLY things that has my son thinking twice about whether the system is totally rigged.
Yeah we can't expect to get everyone over here, I see GME as another battlefront in the same war. Even my lefty sister is talking about this and finally starting to branch into other things we've discussed here months ago.
It was like we were about to achieve singularity, maybe it will happen this time.
Shall we play a game?
Well, we saw Citadel borrowing $600,000,000, so yeah....I'm thinking you're right Ness!