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02-01-2021, 09:43 AM
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#2506
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,761
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Quote:
Originally Posted by PaceAdvantage
This whole "wallstreetbets" is buying silver is probably a false flag operation.
Citadel owns a TON of SLV...I wonder why they might want it to go up? LMAO
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often times an outfit like that one is short the metal on the LME and hedge out with SLV
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02-01-2021, 10:04 AM
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#2507
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Registered User
Join Date: May 2020
Location: New Jersey
Posts: 1,086
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Quote:
Originally Posted by PaceAdvantage
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I NEVER thought I'd say this, especially in public, but AOC's comments are exactly right!
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02-01-2021, 10:05 AM
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#2508
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Registered User
Join Date: Jul 2003
Location: central fla.
Posts: 4,874
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Quote:
Originally Posted by PaceAdvantage
This whole "wallstreetbets" is buying silver is probably a false flag operation.
Citadel owns a TON of SLV...I wonder why they might want it to go up? LMAO
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Could be...probably is...still....physical WILL always hold value....and my question would be....does SLV even have the physical they claim...I would BET not...
of they might be trying to COVER their asses from other positions and HAVE to sell.....like I did back in the day....
__________________
got handed a lemon...make lemonade....add sugar or brown sugar or stevia or my personal favorite....miracle fruit....google it...thank me later...
Last edited by sammy the sage; 02-01-2021 at 10:07 AM.
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02-01-2021, 10:47 AM
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#2509
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Registered User
Join Date: May 2020
Location: New Jersey
Posts: 1,086
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You make a good point. There have been lots of money gained in the stock market this past year despite covid 19. If some people are also on the wrong side of the Gamestop play they may now be forced to sell their GOOD trade to pay off their BAD trades.
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02-01-2021, 11:33 AM
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#2510
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Registered User
Join Date: May 2011
Posts: 22,651
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Quote:
Originally Posted by myohmyjustify
You make a good point. There have been lots of money gained in the stock market this past year despite covid 19. If some people are also on the wrong side of the Gamestop play they may now be forced to sell their GOOD trade to pay off their BAD trades.
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it is not a bad trade until it is closed for a loss. many of the heavily shorts of GME are closing other things to add cash to their accounts so they can continue to hold their shorts, because they still feel it is under a $10 stock.
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02-01-2021, 03:28 PM
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#2511
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,633
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02-01-2021, 04:43 PM
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#2512
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,761
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GME short interest now 39% down from 141%.
just thinking, isn't this how things really work. the market to me looks like its setting up to tank, and people who would normally be short are afraid because of these rogues. i know i am, but also know i would never enter a short position with a stock that has more than 10% short interest in it. if it does get to 10, its time to cover. the tough part is that most of the money to be made will be for those that are short overnight. but that seems a bit to risky now.
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02-01-2021, 04:51 PM
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#2513
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,633
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Quote:
Originally Posted by lamboguy
GME short interest now 39% down from 141%.
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Link?
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02-01-2021, 06:18 PM
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#2514
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,633
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What's really fun is to see all the yungins on WallStreetBets slowly realize how cucked they've been by the mainstream media...and this time it has nothing to do with politics...
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02-01-2021, 07:13 PM
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#2515
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,761
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02-01-2021, 07:20 PM
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#2516
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,633
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The guy featured in that article I posted, DEEPF*CKINGVALUE, took a $5M loss today....but is still holding.
(here is article w/o the paywall: https://archive.vn/7RBJw)
Me thinks the story about only 40% shorts remaining is bullshit. These hedge funds have the media lying for them...lying about SLV / SILVER being the new target...and lying about the amount of shorts who have covered.
https://www.reddit.com/r/wallstreetb...te_feb_1_2021/
Last edited by PaceAdvantage; 02-01-2021 at 07:24 PM.
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02-01-2021, 07:26 PM
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#2517
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,761
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They're all in it together. This is a non winner unless you're part of the establishment or can learn how to play their game. I forgot all about the crooked CME and what they do when they want to stop a short squeeze by Retail or the Large and Small Specs in their effort to protect their bankster buddies.
I'm certain if this could get above $30 for any length of time it could spark the big squeeze. In the meantime the CME will be the next to step in and try and pull the feet out from under the WSB's crowd.
What an absolute joke! ZERO interest rates, so you can't make any money in a savings account, and little to no chance of getting too far ahead in the crooked, fraudulent rigged thing they call a Stock Market.
""The decision is based on “the normal review of market volatility to ensure adequate collateral coverage,”" You forgot, "And to protect the shorts of the crooked banksters"
CME Hikes Silver Margins By 18%: Paper-Physical Disconnect Set To Explode
"The decision is based on “the normal review of market volatility to ensure adequate collateral coverage.”
MON FEB 1, AT 3:04 PM
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02-01-2021, 07:43 PM
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#2518
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,633
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Glenn Greenwald chimes in:
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02-02-2021, 01:34 AM
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#2519
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,633
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Now the real "Wolf of Wall Street" chimes in:
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02-02-2021, 08:55 AM
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#2520
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,761
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the bankers are goin about the regular business of relinquishing regular people on a constant basis in silver.
most important words i have learned in my life: THE JOB OF THE MARKETS ARE TO TAKE THE MOST AMOUNT OF MONEY AWAY FROM THE MOST AMOUNT OF PEOPLE IN THE SHORTEST AMOUNT OF TIME
it never changes
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