Followers | 325 |
Posts | 20161 |
Boards Moderated | 5 |
Alias Born | 12/15/2012 |
Sunday, April 11, 2021 8:49:14 AM
https://www.reddit.com/r/wallstreetbets/comments/mbx510/slv_is_a_complete_scam_its_a_scalp_trade_set_up/
In the squeeze of 1979-1980, the regulators literally pulled a ‘GameStop’ on the silver market. Or in reality, the more recent action with GameStop was regulators pulling a ‘silver’. The regulators will try everything in their power to prevent the squeeze from happening again, but this time it’s not two brothers and a couple of Saudi princes buying millions of ounces each (or just Warren Buffet on his own), but rather it’s millions of retail investors buying a few ounces each. There is no cornering the market going on. This is actual silver demand running headlong into a silver market that banks have irresponsibly shorted to such a level that they deserve the losses that hit them. They’ve been manipulating and toying with silver investors for decades and profiting off of illegal collusion. Bailing out the banks as their losses pile up would be truly reprehensible action by our government, and tacit admission that our government is ok with a few big banks on the short side stealing billions from small individual investors.
FEATURED Element79 Gold Corp Shares Further Advances With Chachas Community on Lucero Surface Rights, Provides Corporate Update • Oct 28, 2024 10:25 AM
Vocodia Enters Medical Alert Industry with Innovative Emergency Response Pendant • VHAI • Oct 25, 2024 8:00 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for Third Quarter 2024 • HYDI • Oct 24, 2024 11:18 AM
VAYK Asserts Goal of Q4 Operationally Profitable and Projects Major 2025 Launch • VAYK • Oct 24, 2024 10:40 AM
CBD Life Sciences Inc. (CBDL) Positioned for Significant Growth Amid Nationwide Marijuana Legalization Push • CBDL • Oct 24, 2024 7:07 AM
ZenaTech, Inc. (NASDAQ: ZENA) Software Company Acquisition • AVXL • Oct 23, 2024 8:03 AM