SILVERBUGS (SILVER)

[basserdan]

From Otto Rock @ IKNnews...

If you think a Reddit powered short squeeze on silver can succeed…

1/29/21

…you are more ignorant about silver than Keith Neumeyer, the world’s dumbest mining boss. Keif knows more about tequila and hot yoga than the metal his company sells, the mere knowledge that they have decided they can win based on his totally disproven theories about the silver market is enough to know these fools are on Fail Street. These people don’t understand what they are up against, all they are doing is allowing a bunch of virtually limitless pockets to re-set their shorts higher and make better near-term returns.

This isn’t a “short squeeze”, it’s a plain vanilla pump and will collapse like they always do, when the momentum runs out and the instigators cannot fund any new money to prop the price of the silver they already own.

There is a reason why so many people without a single clue as to how money and finances work gather around silver; it’s an easy story, it allows people to complain against “the system” using a unit of currency they think they understand, it appeals to the Freedom Lovin’ Murica narrative. And as fools and their money are soon parted, the scamsters are lined up to tell these people what they want to hear. Now, in early 2021, you try and explain to a silverbug some of their evidence-free assumptions are financial stupidity and they think you are the fool…the sheep…the sheeple who hasn’t “worked it out” yet. But it’s also why the Reddit guys will move on and find a better target, if they have analytical smarts in the group and not just “find the legacy short position” as their directive, they’ll soon see that the silver market isn’t like that of the Hunts back in the late 70s, today it’s a small cog in a larger machine that is oiled with infinite money, it’s totally unlike a single stock with retail gaming outlets in The USA that has had the naked shorters on its back. Bottom line: once the people with brains realize the Neumeyer narrative is bunkum, the people with brains leave you silverbugs alone again.

P.S. For a proxy on the whole thing, watch this:



https://iknnews.com/if-you-think-a-reddit-powered-short-squeeze-on-silver-can-succeed/