This company is nothing but dead wood. No gold, just dirt and rocks. Maybe they can go into the landscape boulder business.

It's allowed because the corrupt allowers allow it.

This country is corrupt form top to bottom, left to right, inside and out. Now they're calling those who don't agree with the corruption 'enemy combatants.'

The COMEX, the CFTC, the SEC, the brokerage and the stock market are all corrupt too and they all hate precious metals and mining stocks.

Can't have real money compete with their debt dollars, which are also hopelessly corrupted by the Federal Reserve. (also known as the 'heart of darkness.')

The silver bulls have been saying that for years. Never happened.

Was supposed to happen back in 2011. Many were saying silver was going to go to 1,000 bucks per ounce.

Instead it got ruthlessly crushed by JP Morgan.

Nothing has changed and in fact JP Morgan has amassed 100 million physical ounces to dump as insurance.

I like silver, but it's captured. It might go up a bit, but not much and not for long. It will mostly go sideways.They've been pumping trillions of funny debt bucks into THEIR market and has precious metals gone up commensurately? Of course not--it's rigged!

You could just as easily write 'who's paying the pumpers on this board?"

Sure thing, buddy. Good luck with your 'investment' here.

Nonsense. Silver is controlled by by powerful banks with diamond hands. They aren't about to let silver go up. Silver is real money and they can't have anything competing against their debt dollar printing press.

Silver is a store of value--NOT a get rich quick scheme.

There are no shorts desperate or otherwise. Those running this scam may be desperate to dump endless shares onto the heads of fools who think there's something worthwhile here, though.

C'mon, a freight train? LOL More like a tricycle with a missing wheel left outside rusting for decades.

There is plenty of chagrin to go around, though. As a gold-stock this one is downright embarrassing. They've never produced a solitary ounce and their claims amount to so much dust in the wind.

What they have is the opposite of a bonanza. It's a rotten banana that buyers keep slipping on. The owners must get a good chuckle. They will dump their scam to infinity and beyond onto the heads of foolish buyers who think they have found gold here. Fool's gold, maybe.

Freight train. Well, thanks for the laugh, anyway.

The bullion banks sure did send a message about silver--the Wall Street Bets crowd has no chance against these Goliaths. They control the vertical and horizontal hold when it comes to the silver and it's not going to change. There will be no short squeeze.

That doesn't mean that the price of silver can't go up slowly, and so can AGQ, but there will be no flash rise to the moon because silver is not an investment per se--it's money. It's a store of value.

As money, those with the paper printing press must makes sure they have no competition--so gold and silver are kept at bay and in their cages at all times.

Doesn't matter if the float is low if there is close to zero volume day in and day out.

Exactly. The riggers need a red day here and there just to keep up appearances.

Where in the hell are the $9s? LOL

Unfortunately you are right. This was the hard lesson I learned back in 2011. Nothing has changed. Silver is as rigged as ever and a few Redditors won't change it. Even if their hearts are in the right place.

LOL---true.

WSB switched gears suddenly--and badly. They won a battle and then they must have felt like they could take on the world. I guess we have to admire their ambition, but they should have stuck with the short squeeze narrative as it pertains to GME.

Now if there was a way to squeeze the Federal Reserve...well, THAT should be their target. Maybe by dumping dollars and buying Bitcoin. Buying silver won't cut it.

Tomorrow is a 'show me' day for GameStop. A lot of people have gone all in. I hope they succeed.

Robbinghood stopped the momentum because nobody could buy--only sell. Ameritrade limited buying too--at least, on margin.

It's criminal what the brokerages have done. Here's a good explanation of what happened:

With Gamestop, we are now witnessing the exposure of (the big hedge funds') latest scam. They over issued stock certificates. They pocketed the cash and traded fake shares. The "naked shorts" create a contract that can be traded like a share, but isn't a share. Fraud. And with the public buying Gamestop en masse, they cannot deliver enough real shares because they don't exist. Thats why Robinhood limited share purchases to 1 per customer.

Don't let anyone tell you naked shorting doesn't go on by the 'elitist' players. Of course it does. They're crooks.

Silver should be seen as a store of value--NOT an investment. There will be no short squeeze as long as their debt dollars have value. If the longs insist on delivery on the COMEX contracts, the bullion banks will give them the cash equivalent--take it or leave it.

Silver is not going to make anyone rich, but it might help preserve some wealth.

I don't doubt that. Right now we're still in bull sheet mode. I'm waiting for the bear sheet.

A lot of people here are already clutching heavy bags with 'diamond hands.' It would be unfortunate if very heavy silver bars were also tossed into those bags.

A heavily-shorted small cap can be short squeezed--we all saw it and we'll soon see if it can have a dead cat squeeze (just made that up), but everyone should forget about squeezing silver. It's a fool's errand.

The big banks have a rusty iron grip on the shiny metal and JP Morgan is said to have accumulated 100 million ounces at the lows that they help bring about. Perhaps it's their emergency stash to stave off any more runs such as what we saw 10 years ago. Other banking entities are short as much as 400 million ounces that doesn't exist--that's what I've heard, but regardless there's no way that they will allow a GME-like squeeze with silver. It doesn't matter how much physical is bought from retailers. Supply and demand doesn't matter much at the COMEX.

Silver is still constitutional money and they can't have it going to the moon and destroying their debt dollar. Sure, they can't print silver, but they can print silver futures contracts and dump them endlessly. Longs will take delivery? I doubt it. They'll pay the buyer the cash equivalent and tell them to get lost. The CFTC will do nothing.

Concentrate on GME, but the next time it runs (if it does) make sure to take your profits. I know it's about more than just money--it's about teaching the corrupt hedge funds a lesson. But the powers that be own and control a debt money printing press and they'll continue to make sure they have a never-ending supply of dough plopping into their capacious pockets. The one percent will protect their own.

You were right--good call.

I'm still waiting for the $9s.

I used to think that was a myth, but it's funny how the prices always seem get slammed like clockwork after he shows up.

We'll soon see if the slamming gets worse here tomorrow.

Ok, I forgot. The only naked shorting event happened 15 years ago with CMKX Diamonds. So 15 years ago!

Naked shorting is just a weird anomaly that's just a myth, right? A conspiracy theory. The big boys would never naked short or bend their own rules! We must trust the mega-billionaire oligarchs who own the majority of their stock market. They also own the COMEX, the exchanges, the CFTC, the SEC...they own it all.

That's what I'm talking about. Feel free to put me on ignore.

Ha ha--sure. We should all trust them. They're good guys, right? They sure wouldn't bend any rules or anything. We have plenty of watchdogs keeping an eye on them.

Except they ARE the watchdogs.

The so-called 'regulators' won't go after the naked shorting billionaires, but they will go after uppity investors such as those behind WallStreetBets.

The little guy always gets the shaft. The Big Club always gets rewarded. The house never loses.

This was never about the company's value. It was about sending a MESSAGE to the big Wall Street hedge funds.

Now those hedge funds have answered back with their own message.

And that message is, 'It's a rigged game and we'll change the rules midstream in order to CRUSH you."

They don't worry about regulatory agencies. They own the regulatory agencies. They own the politicians, the courts, the media, and a printing press called the Federal Reserve.

Still waiting for $9s.

Buy euphoria. That's what the market is telling us, anyway.

right now they're eating red. ALL RED.

“- Cousin Eddie: I haven't seen a beatin' like that since somebody stuck a banana in my pants and turned a monkey loose.

- Clark Griswold: Thanks for the pick me up Eddie.”

Those on the far left NEVER ever talk about the Federal Reserve, which is the ultimate heart of darkness and the source of the working man's impoverishment. Instead the left will talk about social justice and obeying government. Gross hypocrites such as Warren may even back legislation...say, for example, making sure that you have to have $25k in order to day trade. That protects the little guy from losing, she says. Government is all about protecting the little guy, right?

Wrong. The little guy can't get out of a losing position without being able to day trade and they become sitting ducks for the rich. That's why the vast majority of people without big bucks and just trying to get ahead by trading nearly always lose. They're the suckers. They're the bag holders. They're the ones screaming "HOLD" in order to destroy the Wall Street hedge funds while that bag gets as heavy as hell and now it's even heavier because they've bought into the latest silver hype.

Silver is a store of value. NOT AN INVESTMENT. Paper covers rock and the bankers have endless paper.

That reddit crowd is discovering what many of us here knew for a long time--you can't fight mega billionaires who can easily tap into a cornucopia of money that flows readily into their own capacious wallets. How can you win against an entity that enjoys a monopoly on money? 'Elitists' who own and control nearly everything as a result?

Nobody is going to take them down through short squeezes or buying silver. They can print up unlimited paper that says they own all the silver. All it means for the silver stacker is they will have to play ridiculous premiums and hold for countless decades and still end up on the losing side of the stick.

Nobody is going to take down the top 1 10th of the 1 percent until we can destroy the Federal Reserve and they won't let that happen. They'll drone strike activists first They'll assassinate any president or politician who tries. They see us as their slaves and that that's the end of it.

Silver is ringing hollow today because the mega-oligarchs wanted it to. They control the horizontal and the vertical and the market dances to their tune.

"The dealers like APMEX are going jack up their premiums. "

APMEX sure did. I'd rather buy silver from the local coin store.

They'll either crash markets to bail out the hedge funds in their club or they'll bail out the hedgies with funny money as they pump endless debt bucks into THEIR stock market.

Looking at the steady rise in the futures, looks like they've chosen the latter.

They've shoveled trillions of bucks to their beloved gamblin' TBTF banks...why would they stop now?

As a side result, precious metals may rise...especially silver.

"Article 1, Section 8 of the US Constitution specifically says that Congress is the only body that can "coin money and regulate the value thereof." The US Constitution has never been amended to allow anyone other than Congress to coin and regulate currency. "

Congress did not have the right to turn their constitutional duties over to a foreign entity. Yet they did it anyway. It's like the House decided to hand over it's right to make laws over to the executive branch.

Oh wait--that has already happened with the endless executive orders.

Yeah, I heard that too but as much as I hate the Federal Reserve it's more likely THEY now own the Treasury rather than vice versa.

I'd say you're right on the money. As the song goes, "We've only just begun..."

APMEX has shut down silver sales until Sunday night due to overwhelming demand.

Never saw that happen before.

The squeeze may be starting....

If one isn't a pessimist these days, then there has to be a screw loose.

There might be a bounce, but now I'm not so sure. Once the big shots start liquidating their regular stock positions to generate capital, then it's goodnight nurse for the markets.

Who'da thunk it? A failing company called GameStop turns out to be the little needle that pricked the gigantic bubble.

I heard Fidelity was good too, but don't quote me. I use TD, which is bad enough, but Robinhood is a disgrace.

Excellent post. We know government and Wall Street work together to enrich each other. Pelosi picked up a cool million by buying TSLA calls because she knew Biden would announce a move to all-electric vehicles on the Federal level. Likewise we saw how Elizabeth Warren rushed to defend the Hedge Fund banker interests--she's in the back pocket of the bankers.

---

Overdue financial rebellion by investors and traders last week. After over a century of manipulated and rigged stock market by Wall St. elites and the colluded government leaders, the American investors revolted at the shorting threat of several favorite companies including GameStop by the corrupted hedge fund rulers.

The stock market, the treasure of treasures where all the money of the world including people and companies is concentrated and fed by the American taxpayers through budget deficits which increased the US national debt, has served for way too long as the private treasure of criminal businessmen and government officials who after getting elected dedicate their lives to protect insider traders and to enrich themselves through insider trading. The American investors, and all the investors throughout the world, are used for that mere purpose: to increase the wealth of viciously greedy men and women in private companies and highest levels of government.

The stock market is extremely rigged to the point of being programmed way ahead of the trading day with only the insiders and their friends knowing what’s coming. The regular American trader and investor has never had a real chance against them. The government protects Wall St. companies and insiders with their lives instead of protecting the American people and investors as they one day swear to do. The corruption of the markets can’t get any worse. It is a bottomless net of accomplices including: all media, all enforcement agencies, Washington politicians, the Federal Reserve, the top ledgers of government, and the main private companies CEOs and their executives. All leaders against the American investors.

This such level of stock market corruption probably reached it climax as a bunch or well coordinated small traders and investors couldn’t take it any longer. And the fight against those market manipulators and “owners” of the treasure of treasures where put on notice and on defense like never before in the entire history of the stock markets. It wasn’t for sure the elected politicians who have never stood up to defend the American investor but the investors themselves through risking their money and efforts to make a point and if possible to destroy those criminals who were expecting to make billions out of shorting these companies like they always have done for over a hundred years.

This time, and maybe not the last time, the younger generation of investors fought like real soldiers against the main enemy of the American people: the blood sucking Wall St. piranhas and the government officials who protect them with all the got so they also continue to steal at will through the trading of securities using FDA, business, legislative decisions and more, insider information.

The real financial fight has just began. I hope.

Where does Robinhood get off thinking they can make a free market 'un-free?' Someone there needs to go to prison for this.

https://www.zerohedge.com/markets/robinhood-caps-maximum-holdings-36-stocks-just-one-share

What this suggests is the billionaire class who are losing their backsides due to their arrogant shorting are now shorting the market--not allowing traders to buy--and then they will crash it and make money. They already have to sell off positions in order to pay back the billions lost on their shorts, so why not make money by crashing it?

Conjecture on my part, but we might see an epic week coming up for UVXY.

Robinhood, which is the exact opposite of what their name implies, now limits buying to ONE SHARE per day of heavily shorted stocks such as and including AG.

https://www.zerohedge.com/markets/robinhood-caps-maximum-holdings-36-stocks-just-one-share