Why the massive coordinated effort to hype Silver suddenly?

I did buy some silver. But as a day trade...not an investment.

I set a buy and sell price, and my sell price is close to being hit...before markets open.

I think they are trying to get people to put in the money made from GME into the most manipulated market. That way they can manipulate it so the GME profit takers give their profits back to hedge funds.

One thing about precious metals is the ability to devalue currency. Governments around the world won't sit back and watch their currencies be destroyed by reddtors. They will step in, close down the market if they have to, and "adjust" in favor of wall street.

My advice (not professional advice btw) is IF you buy into silver, then just take a 50-100% gain and get out. Don't believe anybody that it will hit $1000 because governments will step in and protect themselves long before that happens. $40 is realistic, but much higher than that and it will demand a response.

Also, a lot of hedge funds took a long position on silver last week. Most likely a way to recoup losses.

Actually, I think I saw they were paying $440, which was like $16/oz over spot.

Live long enough. That shit becomes free.

Well, silver has been kept artificially low to keep banks like jpm from going undder, and yes, those if us who already own silver have a vested interest in seeing it go to da moon

Sorry you feel people who hold honesy money deserve a bad day. -1
star for you.

I suspect you'll regret selling over the next decade.

The reddit-tards are in an uproar over it. They seem to be concerned it is a diversion from their GME longs.

lets do the math.

Citadel owns 6,023,117 shares of SLV or about $180,693,510 worth as SLV as it stands around $30.

This is hardly a hedge against GME.

Even if SLV quadrupled they would would not even be up to a billion worth of SLV.

Anyway it sounds like Melvin Capital is out of GME now, not sure of Citadel but they gave $2.7 Billion to get out of GME. Why would Citadel give money to another hedge to get out but keep themselves invested in a short position that may cost them lots of money?

From [link to www.investopedia.com (secure)]

"Shares in other Melvin shorts like German drugmaker Evotec, German battery maker Varta, and Polish video game firm CD Projekt are also rising this week. Traders Reuters spoke with said this was "likely linked to Melvin Capital closing out its shorts following losses on GameStop and other investments.3" Meanwhile, Citron Research just revealed it covered the majority of its GameStop short position "in the $90s at a loss 100%."

JPMORGUE HAS BEEN ACCUMULATING FOR MORE THAN A DECADE IS THE WORD ON THE STREET, THATS WHY THEY KEPT SQUASHING IT

DEALERS KEEP SAYING THE SUPPLY IS DRY, I THINK BECAUSE ITS HOARDED BY THE BANKS SOMEWHERE FOR A ROLL OUT LATER

Lol yiu morons, peeps like me who bought on ebay over the weekend are already 15% up profit

Prit profit!!!!

FEMA can confiscate anything at any time.

I honestly don't know what to make of it. On phone hand I think it's clear that the bigs won't let us win. They already fixed GME as far as I can tell, but the WSB crowd doesn't seem to see it. They blocked or severely limited buying for the most part for all the "average" traders out there. The price crashed down below $150 then miraculously went back up. As the only ones who could still trade were the bigs I have to imagine they brought it back up.

Silver/previous metals has always been a thing. I get its associated with the older crowd (I'm about in the middle in that I'm just shy of 40), but it also is "real". When the bigs fix this in their favor (which they will - they control trillions as well as the rules themselves) - would you rather be holding some physical silver or shares in GME?

Both are heavily manipulated it seems and to assume that somehow the narrative on WSB and GME isn't largely manipulated too would be naïve. Makes the truth damn near impossible to see.

All that said, I do agree that there has been more strange threads about silver too.

The fiat system was created by issuing "NOTES".Bankers "holding"your silver so you did not need to store or carry around large amounts of coins.They issued "notes"that promised to pay on demand in silver the value of the note.They also proceeded to issue more "notes" than the amount of silver they actually held.Hence today' s giant clusterfuck.

ALL THE MONEY THE SILVER TARDS SPEND WILL GO DIRECTLY INTO OUR POCKETS and at the end the silver price will go down where it was before.

Idiot liar.

I don't wish any of the small investors a bad day. But the hedge funds do and they have the power to make it happen. You should ask why you are so defensive about it.

And if I do dump some at a crazy high price then I will buy back more at a lower price when the hedgies dump their shares and drive the price back to $10 or lower. Which is probably what will happen.

Maybe this Why

Look who has them call options in SLV

[imgur] [link to imgur.com (secure)]

Silver is $30/0z and your way behind in value. This is a stupid M....f....r that I'm wrting about.

I used to be the CEO of a derivative trading corporation

a huge rule is to never enter a trade without first having an exit strategy

I have yet to hear what the exit strategy is for all of this silver buying

The only thing I can see now is when ever Wallstreet needs cash quick

They hype up Crypto and Metals. (Like its a private piggy bank)

People pump in millions or billions, the price shoots up and POOF! back down again.

All that money just vanishes to some dark hole? And you get some token in return in the form of a few digital 100101001 or shiny object.

It all stems down to YOU been conditioned to believe it has some form of value.

1. You as a slave believe the Shiny Metal has value
2. The TV, Internet, Radio, Books tell you it has value
3. The Bullion Merchants tell you it has value
4. You believe in the end of days its going to have value
5. The stock market tells you it has value
6. The tell you it comes from space and scares. No its a a crystal and there is a endless supply. Just like oil. Keeps coming.
7. They setup the paper market to ensure the metal market never functions as money. But instead it now works as a wallstreet funding setup.

IN REALITY

1. Its pieces of metal dug out of the ground, it has no real value other than been hard and can be used as tools.

Real value is land, your life and your family and God.

So what does it mean.
It means you have been taken for a ride. These things are sold to you in this way for you to be manipulated. There is no real reason for money at all. Someone long long ago, wanted you to believe its has value to enslave you.

They just moved on from this metal to paper fiat. Later there will be something else, and you will still be a slave.


So stop giving them REAL money for CRAP TOKENS!

Its a scam people, buy thing you really need or save up for it.

Also look at my post above.

True but silver is valued at 65 to 1 as of last night,you could in theory sell 65 oz of silver and make a 200 bucks.Sell 1 oz of gold,same money,and make 9 bucks.

trump trying to crash the economy on bidens watch.

Of course they are. They're mid squeeze and half their network is being diverted, some may even be selling GME to buy silver. The GME squeeze is like a DDoS attack and silver (and dogecoin, AMC, etc.) is taking away from that network effect they're working.

Could make the opposite argument though, us silver tards have been talking about massive silver short for over a decade, those reddit bastards are taking away from that...or one could recognize that each of us are trying to do what's best for ourselves and that's ok.

Hedge funds work together to manipulate the market. This is the real insider trading.

For example, let's say there is a stock they want to lower (like GME). These companies will set up algorithms to buy and sell back and forth as fast as they possibly can, with each transaction lowering the price a penny or two (so it looks organic). Each firm may have a hundred computers (running on algorithms programmed that day) to constantly trade thousands of shares back and forth every few seconds to lower the price.

The point is they have to work together for this to work, which means they have to look out for each other if they want to keep this practice up.

The reason they are freaking out is that reddtors are buying up the stock faster than those hundred or so computers can buy it, because it is a couple of hundred computers fighting against hundreds of thousands to buy the same stock.

Just to prove it. Answer this one simple question

WHAT VALUE DOES IT HAVE TO YOU RIGHT NOW? WITH OUT HAVING TO SWAP IT OUT FOR THIS OR THAT. OR SOME EYE PLEASEING POOP.

WHAT VALUE DOES IT HAVE TO YOU RIGHT NOW> NOTHING

IF IT WAS A PIECE OF LAND WITH CORN ON IT

WHAT VALUE DOES IT HAVE FOR YOU RIGHT NOW.

You darn right know the answer. Dont buy crap, put your money where it counts

you seriously have no idea how any of this works. go back to kindergarten

Look it simple. Theres only so nuch real money and $350 trillion dollars worth of insolvent derivatives.

Do you really think honest money investors give two shits about hedge fund plays?

Hold until the debt bubble collapses and gold is 1:1 the markets and silver is 15-1 gold.

Until that happens, you have $350 trillion worth of worthless derivatives to buy.

Or you can buy real money or sell it.

End of discussion.

Haters are goint to hate until derivatives implode and seek real money.

A bunch of tards are buying physical and now I'm having problems getting my usual order!

Writes someone on a device that demands a certain Ag content?

This is the alpha play. Join in or suck some Fedcoin and derivative implosions.