Reddit #silversqueeze redux

Discussion in 'Silver' started by 66rounds, May 8, 2021.

  1. alor

    alor Well-Known Member Silver Stacker

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    https://on.rt.com/b91i
    US stimulus money all going to China – Max Keiser

    With a new round of $1,400 stimulus checks pouring in and the economy continuing to recover, the US trade deficit surged to a record $74.4 billion in March, the Commerce Department reported on Tuesday.
    RT’s Keiser Report looks into why this trend is likely to continue since the global manufacturing base has long since moved to China.

    According to Stacy Herbert, the reality is that America relies on Chinese goods and services.

    “We have a lot of printed money, a lot of stimulus checks, a lot of Biden-bucks, but the fact is you need someone to send you goods for that,” she points out.
    Max Keiser adds: “The United States is a consumer economy, it’s not a manufacturing economy. So if you send everybody a check, they’re going to consume with it. And that means they are going down to Walmart and consume. And that means the money goes to China.”
     
  2. Millennial Engineer

    Millennial Engineer Well-Known Member

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    Reddit Memes 28th of May.jpg

    Some of the posts which appealed to me for the 28th of May.

    Where they got 5k members to go to 89.3k Seems a bit suspicious for me.
     
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  3. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Most likely the counter bugged out past few days and just caught up.
     
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  4. Millennial Engineer

    Millennial Engineer Well-Known Member

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    That sounds like a good explaination.

    I was thinking the WSS mods bought bots to subscribe or Reddit management don't like it so setting it up for a fall.
     
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  5. alor

    alor Well-Known Member Silver Stacker

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    the squeeze is on the little guys, premiums everywhere
    not impacting spot much
    will pack the price on a 100oz bar again
     
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  6. adze67

    adze67 Well-Known Member Silver Stacker

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    Liked this post on WSS, some wisdom from long ago...:cool:

    Thomas Jefferson Quote.PNG
     
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  7. alor

    alor Well-Known Member Silver Stacker

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  8. tdtwedt

    tdtwedt Active Member Silver Stacker

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    [​IMG]
     
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  9. Millennial Engineer

    Millennial Engineer Well-Known Member

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  10. heartastack

    heartastack Well-Known Member Silver Stacker

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    50k ounces. Isn't this the kind of mintage for a low-profile coin that nobody cares about?
    Don't get me wrong. I'm bullish. I'd just like to have a sense of what some of these numbers mean.. sure they sound huge to a single stacker.. but keeping in mind 800 million ounces are ripped out of the ground annually....
     
    Last edited: Jun 3, 2021
  11. alor

    alor Well-Known Member Silver Stacker

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    BS has 25 bars bundle, just under $1M
    with one click
     
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  12. Millennial Engineer

    Millennial Engineer Well-Known Member

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    Ah yeah, its small in the scheme of things.
    In the intent of things were people or corporations? Were finally going after the 1000 Oz industrial bars over the retail bars.
    I perceive Singapore as hub which is proportionally above average of smarter and richer people, with some very very rich people.
     
  13. heartastack

    heartastack Well-Known Member Silver Stacker

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    Thanks
    Just reminds me of this part at 18 seconds:

     
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  14. Millennial Engineer

    Millennial Engineer Well-Known Member

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    Yeah could be.

    On another note, I had seen still images of the meme, but hadn't watched enough Futurama to know where it came from and never bothered to look it up its origins, Now I do.
     
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  15. Millennial Engineer

    Millennial Engineer Well-Known Member

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    Not on Reddit.

    I saw this on Tuesday 1st June 2021 at Perth Domestic Terminal 3.

    ABC bullion having a cheeky flex. They also have the back of the Buses which run around the Perth CBD plastered with buy gold from ABC.
    Gold Flex2.jpg a
     
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  16. adze67

    adze67 Well-Known Member Silver Stacker

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    100,000 Members now...that escalated quickly ;)

    100k Members.PNG
     
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  17. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    ^^^^^
    If only they were all as good physical stacker warriors as they are keyboard warriors it would have had some impact where it matters.
     
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  18. Millennial Engineer

    Millennial Engineer Well-Known Member

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    WSS 10th of June.JPG
    WSS 10th June 2.jpg

    Got to 108k members. Perhaps the start of the Exponential growth of the subreddit instead of linear, as they were used to getting about a 1000 members a day,
     
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  19. heartastack

    heartastack Well-Known Member Silver Stacker

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    I don’t know about that membership counter sometimes.. been a few days where it adds 5k+ members then the days after just a couple hundred. Today being another example.
     
  20. Millennial Engineer

    Millennial Engineer Well-Known Member

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    Yeah I ask that myself that too, did they "buy" subscribers, is it reddit higher powers making them look un-creditable or is it it faults with the Reddit subscriber counter or just people joining

    I was wondering what would the price be/ what might have happened, if everyone who has over 1000oz and has stuff like this in a photo.

    7500.jpg
    just bought 8 X 1000 Oz bars

    or

    7 X 1000 Oz bars and 1000 Oz of mint product.
     
    Last edited: Jun 11, 2021

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