Why the massive coordinated effort to hype Silver suddenly? | |
Zedakah
User ID: 79498793 United States 02/01/2021 09:34 AM Report Abusive Post Report Copyright Violation | 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. |
Anonymous Coward User ID: 78435947 United States 02/01/2021 09:35 AM Report Abusive Post Report Copyright Violation | If you are already in Silver at lower prices then that is a good thing. But the tards that get into Silver near the highs will be burned. Quoting: LoneStarRising Yesterday we saw a dozen threads pumping silver on GLP, with people claiming the price would go to the moon. Gullible people were panic buying 10 oz bars on crazy Ebay for $340. Ouch! Actually, I think I saw they were paying $440, which was like $16/oz over spot. |
Anonymous Coward User ID: 75483061 United States 02/01/2021 09:36 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75528189 United States 02/01/2021 09:37 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 49434629 United States 02/01/2021 09:37 AM Report Abusive Post Report Copyright Violation | Someone is flooding the zone to drive up the price of Silver and it is not the Reddit tards. There are suddenly hundreds of articles about the short squeeze in Silver. Be careful out there. It could be a hedgie trap. Quoting: LoneStarRising :trap: 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. |
LoneStarRising
(OP) Forum Moderator User ID: 72521715 United States 02/01/2021 09:37 AM Report Abusive Post Report Copyright Violation | Someone is flooding the zone to drive up the price of Silver and it is not the Reddit tards. There are suddenly hundreds of articles about the short squeeze in Silver. Be careful out there. It could be a hedgie trap. Quoting: LoneStarRising Here is the reason: Thread: Citadel is the 5 the largest owner of SLV . They are trying to use you to save them . The reddit-tards are in an uproar over it. They seem to be concerned it is a diversion from their GME longs. LoneStarRising |
Achduke7
User ID: 69637911 United States 02/01/2021 09:37 AM Report Abusive Post Report Copyright Violation | This. Search for 'SLV ownership'. Either look at the top 10 institutional ownership, or sort to find them. Citadel Advisors Llc, the company that lost money on GME, is the 5th. It's manipulation to stop their bleeding from Gamestop. 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%." Achduke |
Anonymous Coward User ID: 77991996 United States 02/01/2021 09:37 AM Report Abusive Post Report Copyright Violation | 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 Someone is flooding the zone to drive up the price of Silver and it is not the Reddit tards. There are suddenly hundreds of articles about the short squeeze in Silver. Be careful out there. It could be a hedgie trap. Quoting: LoneStarRising :trap: I think it’s some kind of psy op. I don’t know what the pay off is except to crash the banks. It’ doesn’t stem from Redditors, that’s for sure. It’s beyond us, the little man. Some kind of entity is manipulating the market for a pay off-literal or maybe other wise. Any ideas as to who? As to why???? It’s all too scripted and unnatural. I’m invested in silver myself. So, I’m thrilled with the ride so far. However, I’m concerned about the ramifications if this keeps going???? |
Anonymous Coward User ID: 75528189 United States 02/01/2021 09:38 AM Report Abusive Post Report Copyright Violation | If you are already in Silver at lower prices then that is a good thing. But the tards that get into Silver near the highs will be burned. Quoting: LoneStarRising Yesterday we saw a dozen threads pumping silver on GLP, with people claiming the price would go to the moon. Gullible people were panic buying 10 oz bars on crazy Ebay for $340. Ouch! Actually, I think I saw they were paying $440, which was like $16/oz over spot. Lol yiu morons, peeps like me who bought on ebay over the weekend are already 15% up profit Prit profit!!!! |
Anonymous Coward User ID: 24150295 United States 02/01/2021 09:38 AM Report Abusive Post Report Copyright Violation | I've had similar thoughts... Quoting: Dr. Acula This is an Empire Strikes Back move. Wall Street got a reeming... Now it's their turn to return the favor. Gold/Silver stocks are still the most undervalued stocks there are. It's nothing like Gamestop (which is an outdated business model). There's no traps in holding physical precious metals. The deficits are going to be in the trillions this year. A TINY portion is chasing real money. That's not a short squeeze. FEMA can confiscate anything at any time. |
Fizarak
User ID: 79406230 United States 02/01/2021 09:38 AM Report Abusive Post Report Copyright Violation | The Reddit @!$#@$ army is going @!$#@$@ this morning. Quoting: LoneStarRising They are all strapping on their adult walking helmets today. Here is a quote from wallstreetbets: "A silver short squeeze might be the most @!$#@$@! thing I’ve heard in a while. What’s next? A dollar short squeeze? @!$#@$@ b**mers think we’re stupid. WE ARE @!$#@$@! NOT STUPID" I don't even know who wallstreetbets is and I own one of the stocks that is going up today. I don't take advice from a guy who made a position (Gamestop) and used it to his advantage over reddit. I know that #deficitsmatter and that over $120 billion per month is being printed. The dollar won't be a short squeeze because there's 120 billion new ones every month. Secondly, he has stated publically he is going to donate all his gamestop profits (which actually was a short-squeeze on an actual terrible business model) because what he did was illegal. You can't actively buy/sell stocks you are pumping/dumping to 100k subscribers. He's already got the FCC on his ass. 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. |
Shetland Pony Dog
User ID: 77353092 United States 02/01/2021 09:39 AM Report Abusive Post Report Copyright Violation | I've had similar thoughts... Quoting: Dr. Acula This is an Empire Strikes Back move. Wall Street got a reeming... Now it's their turn to return the favor. it's to lock away billions in silver paper. it's to soak up and hide all the cash in circulation. remember most of these people arent buying physical silver, they're buying papers that say they own silver. logically what would happen if everyone sought physically possession of the silver they own, they would find out it cannot be delivered this is the same con that's been going on for thousands of years, 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. Look at the cawk on that dawg Education is a process,not a result |
Anonymer Feigling
User ID: 76041279 Germany 02/01/2021 09:39 AM Report Abusive Post Report Copyright Violation | Someone is flooding the zone to drive up the price of Silver and it is not the Reddit tards. There are suddenly hundreds of articles about the short squeeze in Silver. Be careful out there. It could be a hedgie trap. Quoting: LoneStarRising Here is the reason: Thread: Citadel is the 5 the largest owner of SLV . They are trying to use you to save them . The reddit-tards are in an uproar over it. They seem to be concerned it is a diversion from their GME longs. 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. Emotion beats reason Don't let it be that way |
Anonymous Coward User ID: 78435947 United States 02/01/2021 09:40 AM Report Abusive Post Report Copyright Violation | If you are already in Silver at lower prices then that is a good thing. But the tards that get into Silver near the highs will be burned. Quoting: LoneStarRising Yesterday we saw a dozen threads pumping silver on GLP, with people claiming the price would go to the moon. Gullible people were panic buying 10 oz bars on crazy Ebay for $340. Ouch! Actually, I think I saw they were paying $440, which was like $16/oz over spot. Lol yiu morons, peeps like me who bought on ebay over the weekend are already 15% up profit Prit profit!!!! Idiot liar. |
LoneStarRising
(OP) Forum Moderator User ID: 72521715 United States 02/01/2021 09:41 AM Report Abusive Post Report Copyright Violation | Someone is flooding the zone to drive up the price of Silver and it is not the Reddit tards. There are suddenly hundreds of articles about the short squeeze in Silver. Be careful out there. It could be a hedgie trap. Quoting: LoneStarRising 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. 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. LoneStarRising |
Anonymous Coward User ID: 79994201 South Africa 02/01/2021 09:42 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78435947 United States 02/01/2021 09:43 AM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 78435947 Yesterday we saw a dozen threads pumping silver on GLP, with people claiming the price would go to the moon. Gullible people were panic buying 10 oz bars on crazy Ebay for $340. Ouch! Actually, I think I saw they were paying $440, which was like $16/oz over spot. Lol yiu morons, peeps like me who bought on ebay over the weekend are already 15% up profit Prit profit!!!! Idiot liar. Silver is $30/0z and your way behind in value. This is a stupid M....f....r that I'm wrting about. |
Anonymous Coward User ID: 49598504 United States 02/01/2021 09:44 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78030288 Netherlands 02/01/2021 09:46 AM Report Abusive Post Report Copyright Violation | 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. |
Anonymer Feigling
User ID: 76041279 Germany 02/01/2021 09:46 AM Report Abusive Post Report Copyright Violation | |
Shetland Pony Dog
User ID: 77353092 United States 02/01/2021 09:46 AM Report Abusive Post Report Copyright Violation | WAKE UP. Quoting: Anonymous Coward 77991996 THE DOLLAR HAS BEEN DEBASED 4 TRILLION IN PRINTING IN 6 MONTHS IN THE RESET THEYLL USE SILVER AS A COLLATERAL FOR DIGITAL ******Gonna use these monster boxes for steps to my attic, cause Im stacking to the ceiling***** yes there's 40 times more silver than gold you know what's interesting? If you google things about silver now, the first page of results are complete bullshit like this [link to www.mining.com (secure)] sayng there is more gold in the world than silver, whaat? the whole first page of results is complete utter bullshit like this whoaa. Google is now LYING TO YOU, worse than the lying media ever did 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. Look at the cawk on that dawg Education is a process,not a result |
mr dull socks
User ID: 79649609 United States 02/01/2021 09:47 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 3330740 United States 02/01/2021 09:48 AM Report Abusive Post Report Copyright Violation | The reddit-tards are in an uproar over it. They seem to be concerned it is a diversion from their GME longs. Quoting: LoneStarRising 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. |
Zedakah
User ID: 79498793 United States 02/01/2021 09:49 AM Report Abusive Post Report Copyright Violation | 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? Quoting: Achduke7 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. |
Anonymous Coward User ID: 78030288 Netherlands 02/01/2021 09:50 AM Report Abusive Post Report Copyright Violation | The only thing I can see now is when ever Wallstreet needs cash quick Quoting: Anonymous Coward 78030288 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. 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 |
mr dull socks
User ID: 79649609 United States 02/01/2021 09:51 AM Report Abusive Post Report Copyright Violation | The only thing I can see now is when ever Wallstreet needs cash quick Quoting: Anonymous Coward 78030288 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. 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 |
Anonymous Coward User ID: 49434629 United States 02/01/2021 09:52 AM Report Abusive Post Report Copyright Violation | 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. |
Midnighter
User ID: 18979105 Canada 02/01/2021 09:53 AM Report Abusive Post Report Copyright Violation | |
Lance Roseman From BC
User ID: 77547432 Canada 02/01/2021 09:53 AM Report Abusive Post Report Copyright Violation | The only thing I can see now is when ever Wallstreet needs cash quick Quoting: Anonymous Coward 78030288 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. Writes someone on a device that demands a certain Ag content? If you are not busy weaving your own magick, you are trapped in anothers spell. “It’s time you realized that you have something in you more powerful and miraculous than the things that affect you and make you dance like a puppet.” – Marcus Aurelius |
Anonymous Coward User ID: 49434629 United States 02/01/2021 09:55 AM Report Abusive Post Report Copyright Violation | 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. This is the alpha play. Join in or suck some Fedcoin and derivative implosions. |