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Old 01-28-2021, 10:50 PM   #2476
lamboguy
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it seems that the trading platforms or clearing houses have come up with the way to shut down the new wave of trading for the time being. they did this by not allowing any more trades on specific equities on their platform. that is all well and good, but these fellows now have a new plan. and this very same plan happened to fail 40 years ago when the Hunt brothers failed at cornering the silver market. they were stopped by changing market requirements. this time around there are now over 20 million new traders that are making plans to do the very same thing. they are all asking questions about how to take delivery of silver from the comex, and if buying silver ETF"s really represent the actual silver. and now after busting a few big hedge funds, they have decided to take on the grand daddy of them all, JP Morgan.. JP Morgan is the silver market, they are the largest shorter of silver than all of them combined. and now to these new traders, they view JP Morgan as the biggest villain of them all.

now i don't by any stretch of the imagination think that these guys can take down this powerhouse, but it will be fun to watch.. they are entering unchartered waters with this one and may be way over their heads.
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Old 01-28-2021, 11:04 PM   #2477
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Bottom-line Lambo, the GAME is over, with total exposure to the depths of corruption and manipulations in ALL markets....The House of Cards is finally about to collapse, with a new system about to be implemented.

The question "What system will be instituted, the Great Reset(Deep State) or Nesara(Quantum Financial System by the White Hats)?...The Military will have a major say in the outcome and ALL events in the immediate horizon, as the corrupt courts are being neutralized.
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Old 01-29-2021, 10:24 AM   #2478
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i am just learning how this problem exists and its the broker dealer's own fault..

they are taking on an overload of customers and their platforms can't hold that many, and the platform crashes and there are no more trades. most of their customers are on margin, when the system goes down they cannot run the stocks up any longer because they are shut out. the broker dealer now has to come up with money to cover the margins. Robin Hood had to raise $1 billion today just to open its platform.

then since these platforms charge no commissions they go through clearing houses that are going short these equities that are now blowing their brains out.

other than that i really can't figure out this thing, all i do know is that its NFG
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Old 01-29-2021, 10:26 AM   #2479
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later next week looks like the markets are going to get a nice little haircut after this window dressing and options expiration.
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Old 01-29-2021, 03:17 PM   #2480
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Similar to suddenly active futures they changed the margin requirements of what is needed in margin reserve per open contract/shares, causing most people who bought on margin to not have enough dollars in their account and forcing broker to liquidate at market to meet requirements.
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Old 01-29-2021, 04:40 PM   #2481
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Indices drop 2% twice this week

Let me guess what CNBC said

"MARKETS IN TURMOIL"
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Old 01-29-2021, 06:03 PM   #2482
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Quote:
Originally Posted by tbwinner View Post
Indices drop 2% twice this week

Let me guess what CNBC said

"MARKETS IN TURMOIL"
I often have CNBC on as background music. For the last two days it's been all Gamestop, AMC, Robinhood, Hedge funds, little guys, reapeated over and over ad nauseum. Turned it off.
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Old 01-29-2021, 06:25 PM   #2483
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Quote:
Originally Posted by ReplayRandall View Post
Bottom-line Lambo, the GAME is over, with total exposure to the depths of corruption and manipulations in ALL markets....The House of Cards is finally about to collapse, with a new system about to be implemented.
I hope you are right, but I'm skeptical. As Carver hollered out in "The Wire" in one episode when chasing a perp, "You do not get to win, shitbird. We do."
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Old 01-29-2021, 06:37 PM   #2484
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Quote:
Originally Posted by ReplayRandall View Post
Bottom-line Lambo, the GAME is over, with total exposure to the depths of corruption and manipulations in ALL markets....The House of Cards is finally about to collapse, with a new system about to be implemented.

The question "What system will be instituted, the Great Reset(Deep State) or Nesara(Quantum Financial System by the White Hats)?...The Military will have a major say in the outcome and ALL events in the immediate horizon, as the corrupt courts are being neutralized.
So, you've invented something else to talk about?

Bravo.
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Old 01-30-2021, 08:37 AM   #2485
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silver update

right out of the gate silver was up $1 and closed up .45,

running silver has been tried before and has failed every time someone tris to corner that market.

but Texas just filed this suit!

https://www.texasattorneygeneral.gov...eet%20CIDs.pdf
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Old 01-30-2021, 08:50 AM   #2486
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i have been a long time owner in McEwen Mining, MUX. this stock is a heavily shorted stock, 55 million shares. the Reddit boys stepped in and started to run the stock. then Reddit, Td Ameritrade and Robin Hood simultaneously limited the amount of shares one can purchase on their platform to 5 shares a person. this is a stock that is selling for $1.20 per share, 120 pennies. now at the same time if i want to short the stock i am allowed to short as many as my dear heart wants to short.

these companies all sell their trades to high frequency traders that run the stock against you every single time.
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Old 01-30-2021, 11:52 AM   #2487
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eractive Brokers Client Services <donotreply@interactivebrokers.com>
To:


Fri, Jan 29 at 5:21 PM


Interactive Brokers
Securities Subject to Special Requirements
Dear Client,

We are seeing unprecedented volatility in GME, AMC, BB, EXPR, KOSS and a small number of other U.S. securities that has forced us reduce the leverage previously offered to these securities and, in certain instances, limit trading to risk reducing transactions. IBKR currently has no restrictions on trading shares in those companies, and customers can open or close positions in those shares. Like many other brokers, IBKR placed options on certain of those stocks in closing only earlier this week. The plan is to lift those restrictions in an orderly manner while closely monitoring market conditions. To be clear, IBKR has not restricted clients’ ability to close existing positions in any of the U.S. securities subject to market volatility, and does not plan to do so.

The limits IBKR has placed have applied to all customers and were not limited to “retail clients” or any other group.

In order to keep you up-to-date on this fast-moving situation, we have put together a Knowledge Base site with current information on margin requirements and any trading restrictions for this group of securities. This site will provide the relevant information on the securities in one place, in addition to your existing ability to preview margin requirements prior to initiating a position and monitor them afterwards. Click here to review this Knowledge Base article.

We also invite you to visit the website for additional information regarding margin requirements and managing the risk of your portfolio

• For information on previewing margin requirements prior to order submission, click here.
• For general information on margin and margin requirements, click here.
• To monitor your portfolio risk using Risk Navigator, click here.

We understand that you may have experienced occasional market and systems delays or interruptions as a result of this week’s extraordinary volatility. Please be assured that IBKR is doing everything possible to keep you informed of developments that might affect your trading decisions. We appreciate your patience, and regret any inconvenience that you might have experienced over the past few days. Thank you for the trust and confidence that you continue to place in Interactive Brokers.
Interactive Brokers Client Services
Interactive Brokers LLC, member NYSE, FINRA, SIPC Home Contact
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Old 01-30-2021, 05:04 PM   #2488
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Future multi-millionaire?

SLV just added 37 million shares to the trust today.

1150 metric tons of buying in one day. This is HUGE!

This is equivalent to 25% of all the registered inventory backing the silver COMEX future contracts.
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Old 01-31-2021, 01:36 AM   #2489
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Here is guy saying it would be very difficult using small bullion, but SLV is buying for small investors.

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Old 01-31-2021, 04:30 AM   #2490
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Peter Hug always makes to much sense!

realistically when you look at things in the USA today, the face value for the one ounce silver eagle coin is $1.00 while modern day gold eagle is $50 for the ounce. the gold Liberty's and St. Gaudens were close to an ounce and they had a $20 denomination. the USA one ounce silver coin never changed denomination. one can argue either way that gold should be bringing 20 or 50 times the silver price in terms of US currency.

just one small caveat to this is that the total silver and gold content per coin is slightly less for the coins minted -pre 1964 than they are today.

as far as a monetary metal goes, spending at a time of need would probably favor silver because of its lower value. that and the manufacturing aspect to silver always makes that metal much more prone to bigger moves.
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