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.
The hedgefunds and some banks are already bankrupt in unrealized loses its the SEC and DTCC the retail traders have to worry about and this is the is the best part see when millions retail traders get rich they will have to pay alot of capital gains taxes so US government would like that. Then we got the DTCC and the Feds they would defiantly protect their own ass however they have to allow it to play it out. They can not screw the retail traders because this has gone international. If they did that the US financial market would collapse because no1 would ever invest in US again.
Sounds good. But, wouldn't more people wake up if the retail traders got screwed over? Would they not see how fucked up the stock market is? I mean the media all around the world will blame this on the retail traders and I am not so sure if the Feds or DTCC really cares. They let this go this far. Sorry for being a bit pessimistic, but I really hope the little guys win this time. Cheers
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.