I’m telling you that CNBC has confirmed beyond a shadow of doubt that GameStop (GME) is being illegally naked shorted. I couldn’t believe my eyes or ears this morning. If you don’t own this stock or think it’s stupid idiots throwing money away, a very “respectable” news source let the magic word “naked short sellers” slip
Cats out of the bag now
Id avoid equities altogether and stick with physical PMs for this play. The stock market only exists on paper so they can basically do whatever they want with it. Markets can stay irrational longer than you can stay liquid, at least physical assets are somewhat bounded by real world constraints
Good plan,but I hope to buy a lot more silver,when gme pops.
Double the pain,for banksters.
I'm in GME, silver, and crypto. Only a fool puts all their eggs in one basket and I'm tired of the "this is the only way" attitude that you get in both r/SuperStonk and r/WallStreetSilver and they posture like rival gangs in West Side Story.
I'm with you. Although I'm no longer in crypto (luckily I made a little $ before getting out) but I am holding GME, AMC, PSLV and physical silver (and may buy a bit of gold as well) because I'd rather not put all my eggs in one basket. I saw too many people put all their "eggs" into the housing market prior to the '08 crash to do that.
I intend to also put together private label subprime residential mortgage-backed securities with the fat stacks... then forgive the debt.
Quadruple fuckitude, max pain. Robbing banks of usury income and reduces the nut to the IRS. Plus it helps out someone doing the right thing that needs it most.
Exactly gonna fuck the COMEX raw dog with my GME earnings!
I can hodl longer than banks can remain solvent.
Btw the price of silver is manipulated as much as the price of gme and even treasury bonds. You might want to reconsider your position.
Yea i know.... Thats kind of the whole point. At least there is a tangible + valuable underlying asset for those silver contracts. Gamestop as a company is pretty meh. Gamestop shorts can easily settle their positions with cash but people actually need silver
And yet they haven't, instead they borrow tens of thousands of counterfeit shares every day instead of just covering.
No, they can’t. Especially when apes aren’t selling.
They are both good plays. As you said they can cover with cash,at some price they can do the same with silver.
But they can both cause,max pain.