Here is my theory on all this - the reason hedge and pension funds are buying property up besides the great reset is they need assets to cover their impending insane losses on the stock markets. Once that breaks, they will be forced to sell said property and assets to stay afloat. That won't save them, however, because this will be a "one two" punch once silver shorting is shown for all to see.
This is why GME and the silverbacks are soooo crucial to breaking their hold. Once the GME short fails and the squeeze sends that to the moon, the next casualty will be physical metal shorts. That bastard of a scheme has been ongoing for decades, and has very similar mechanisms to the GME short.
If you want to do something about this, watch the markets, buy GME and physical metals, especially Gold and most importantly silver. Make sure you have diamond hands with a high level exit strategy, and dont sell too early. Be sure to put all your fiat gains from gme quickly into real things too (property, physical metal, etc). Gold if you can afford it, but silver is just as good (if not better for gains) if you can't.
I am telling y'all this knowing it will make it harder for me to benefit off the coming fiscal storm, but personally I am in a rare circumstance - got a house with no mortgage at under 40, a good paying job, and plenty of savings to play with. That said, i have been preparing for a fiscal madhouse for more than a decade, and try to stay frugal even though i could afford not to be. I'm still dumping whatever cash i can spare into silver and gold, and getting the missus to extend her limited portfolio into GME.
The white hats have dropped breadcrumbs for us to follow. Its up to us now to checkmate the financial institutions into oblivion.
Someone needs to make a thread on what/how/when about buying metals holding/selling, everything. I don’t even know what GME is.
I’m the guy who literally hides the green stuff like days of old. I don’t bury it, but I’m just a tad off of that. I just refinanced my home, and my bank guy worked his butt off to help us get it. When it comes to money, I don’t exist on paper.
+1 to u/Wokism. Use Fidelity to pickup some GameStop (GME) stock. Create a standard cash account, transfer $$$ into it from your bank, and pickup a share or two. Do not convert your account to margin; keep it as a standard cash account.
Full explanation: The price you see on your broker (aka your trading app) is the average price between the bid and the ask. The bid is set by the buyers and the ask is set by the sellers. The market makers (Citadel and others) make their money on the difference.
So if you sell a MARKET order it will fill at the BID price, NOT the price you see in your watchlist. This usually doesn't matter as much if you don't care about the pennies, but when the GME rocket takes off and GME is trading at $25,000,000, who knows what the spread will be. It wouldn't be unrealistic to think the Ask could be $25,000,000 and the Bid as $21,000,000 (or something even much less than that) which would look like the price is trading at $23,000,000. When the hedge funds get margin called, they are placing huge market buy orders which fill on the ask. So why would you sell at the Bid when you know these criminals have to buy on the Ask? Selling using a market order will not hinder the squeeze, but it will eat at some of your potential gains; and I don't know about you but I am sucking these motherfuckers dry.
tldr: If the GME rocket takes off and GME shares are worth millions... the market makers that are mega-shorting GME (i.e. Citadel) will be margin called and they HAVE TO BUY YOUR SHARES FROM YOU. Therefore YOU can sell your GME shares at whatever price you like. However if you use a MARKET SELL, your shares likely will be sold to the hedgefucks at a lower price point that they want, instead of whatever full price you can set with a LIMIT SELL. And with these hedgefucks being market makers, who knowns what all kinds of shenanigans they can pull. I would hate to be holding a GME share when GME is showing a value of $25million per share on my broker app, and then I sell it as a MARKET SELL and I end up actually selling for wayyyyy less than $25million due to shenanigans.
ultra-tdlr: If you use a MARKET SELL, you risk the chance of hedgefuck shenanigans causing your GME shares to be sold at a much much lower price point than what they are actually worth. Use a LIMIT SELL to avoid this and sell at the price YOU WANT.
1.) Chinese.
2.) They use Apex Clearing. Almost all brokers that had issues back when the first mini-squeeze/price jump occurred were under Apex Clearing. And Apex is a clearing house for many brokers yet they don’t have nearly the amount of funds as some of the other self clearing brokers (i.e. Fidelity).
3.) They had issues when the first mini-squeeze/price jump occurred.
Here is my theory on all this - the reason hedge and pension funds are buying property up besides the great reset is they need assets to cover their impending insane losses on the stock markets. Once that breaks, they will be forced to sell said property and assets to stay afloat. That won't save them, however, because this will be a "one two" punch once silver shorting is shown for all to see.
This is why GME and the silverbacks are soooo crucial to breaking their hold. Once the GME short fails and the squeeze sends that to the moon, the next casualty will be physical metal shorts. That bastard of a scheme has been ongoing for decades, and has very similar mechanisms to the GME short.
If you want to do something about this, watch the markets, buy GME and physical metals, especially Gold and most importantly silver. Make sure you have diamond hands with a high level exit strategy, and dont sell too early. Be sure to put all your fiat gains from gme quickly into real things too (property, physical metal, etc). Gold if you can afford it, but silver is just as good (if not better for gains) if you can't.
I am telling y'all this knowing it will make it harder for me to benefit off the coming fiscal storm, but personally I am in a rare circumstance - got a house with no mortgage at under 40, a good paying job, and plenty of savings to play with. That said, i have been preparing for a fiscal madhouse for more than a decade, and try to stay frugal even though i could afford not to be. I'm still dumping whatever cash i can spare into silver and gold, and getting the missus to extend her limited portfolio into GME.
The white hats have dropped breadcrumbs for us to follow. Its up to us now to checkmate the financial institutions into oblivion.
Someone needs to make a thread on what/how/when about buying metals holding/selling, everything. I don’t even know what GME is.
I’m the guy who literally hides the green stuff like days of old. I don’t bury it, but I’m just a tad off of that. I just refinanced my home, and my bank guy worked his butt off to help us get it. When it comes to money, I don’t exist on paper.
+1 to u/Wokism. Use Fidelity to pickup some GameStop (GME) stock. Create a standard cash account, transfer $$$ into it from your bank, and pickup a share or two. Do not convert your account to margin; keep it as a standard cash account.
DO NOT USE ROBINHOOD OR WEBULL.
Hold that GME share until it reaches this price -> https://gmefloor.com/
And sell with a LIMIT order, not a MARKET order.
Walk away with millions and implode the evil satanic system known as Wall Street.
Can you give us a simple Barney-level explanation of why to sell using LIMIT vs MARKET please?
Full explanation: The price you see on your broker (aka your trading app) is the average price between the bid and the ask. The bid is set by the buyers and the ask is set by the sellers. The market makers (Citadel and others) make their money on the difference.
So if you sell a MARKET order it will fill at the BID price, NOT the price you see in your watchlist. This usually doesn't matter as much if you don't care about the pennies, but when the GME rocket takes off and GME is trading at $25,000,000, who knows what the spread will be. It wouldn't be unrealistic to think the Ask could be $25,000,000 and the Bid as $21,000,000 (or something even much less than that) which would look like the price is trading at $23,000,000. When the hedge funds get margin called, they are placing huge market buy orders which fill on the ask. So why would you sell at the Bid when you know these criminals have to buy on the Ask? Selling using a market order will not hinder the squeeze, but it will eat at some of your potential gains; and I don't know about you but I am sucking these motherfuckers dry.
tldr: If the GME rocket takes off and GME shares are worth millions... the market makers that are mega-shorting GME (i.e. Citadel) will be margin called and they HAVE TO BUY YOUR SHARES FROM YOU. Therefore YOU can sell your GME shares at whatever price you like. However if you use a MARKET SELL, your shares likely will be sold to the hedgefucks at a lower price point that they want, instead of whatever full price you can set with a LIMIT SELL. And with these hedgefucks being market makers, who knowns what all kinds of shenanigans they can pull. I would hate to be holding a GME share when GME is showing a value of $25million per share on my broker app, and then I sell it as a MARKET SELL and I end up actually selling for wayyyyy less than $25million due to shenanigans.
ultra-tdlr: If you use a MARKET SELL, you risk the chance of hedgefuck shenanigans causing your GME shares to be sold at a much much lower price point than what they are actually worth. Use a LIMIT SELL to avoid this and sell at the price YOU WANT.
What’s wrong with Webull other then it’s Chinese?
1.) Chinese. 2.) They use Apex Clearing. Almost all brokers that had issues back when the first mini-squeeze/price jump occurred were under Apex Clearing. And Apex is a clearing house for many brokers yet they don’t have nearly the amount of funds as some of the other self clearing brokers (i.e. Fidelity). 3.) They had issues when the first mini-squeeze/price jump occurred.