Reddit #silversqueeze

Discussion in 'Silver' started by AustralianAustrian, Jan 31, 2021.

  1. Jason1

    Jason1 Well-Known Member

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    yer id be thinking most of them dont own any silver.
     
  2. mmm....shiney!

    mmm....shiney! Moderator Silver Stacker

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    I just took a quick look at it, would you say most of the posts are from silver bulls with no grip on reality?

    For example, from the Reddit group:

    I mean seriously, that is just crap.
     
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  3. heartastack

    heartastack Well-Known Member Silver Stacker

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    Hang on the official bitcoin forums were a cesspool of this kind of thing since the beginning. You cannot point to a fair reality in any market, frankly.
     
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  4. mmm....shiney!

    mmm....shiney! Moderator Silver Stacker

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    I was just making an observation about that Reddit forum. The first few posts that popped up looked like crap, just wondering if the whole group is? Promoting the usual silver nonsense that is pushed every where else.
     
  5. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Unemployment here in the States has gone up alot. I filed for my 2021 year and it was supposed to be $590 a week and its $900 a week now.
    It was quite a nice surprise and I'll take it!
     
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  6. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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  7. mmm....shiney!

    mmm....shiney! Moderator Silver Stacker

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    And 24 comments at this stage on the Reddit sub regarding:

    And not 1 single post going: "Ummmmmm............".

    But there was this pearler:

    Screen Shot 2021-02-12 at 11.29.20 am.png

    God? FFS. :cool::p
     
    Last edited: Feb 12, 2021
  8. mmm....shiney!

    mmm....shiney! Moderator Silver Stacker

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    Then there's this one:

    Screen Shot 2021-02-12 at 11.31.00 am.png

    If someone posted that on SS there'd be about 20 of us jumping on him trying to beat some sense into him. :p
     
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  9. heartastack

    heartastack Well-Known Member Silver Stacker

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    Did you miss WSB? There were people a million dollars up saying they don't care about money lol these people are trash
     
  10. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    It's funny watching these guys jump in like this. They remind me of the ones with the fomo buying at $30 and up in 2011.
    Hopefully we can all just sit back and wait patiently because we are already positioned.
    I'm still picking up some here and there and if I see something I want I will get it.
    I've been more interested in adding to my cryptos lately.
     
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  11. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    The major mistake made on this forum is the timeline. We’re not in 2011 but 1999, post Asian financial crisis, prior to dot com bust. Silver is still consolidating, the real bull run has yet to start.
     
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  12. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    The real "players" on WSB has made millions front running stock tips for close to a half a decade, they have being gaming stocks for long time.

    I feel sorry for the Saps who started buying at $300 to $450, I doubt there were many "players" who actualy held stock or options at $400 or above.

    Even now full of pumpers telling people to Hold lol Diamond Hands
     
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  13. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    WSB is rigged, a pump and dump by whales pretending to be one of the apes. If the saps had bought silver bullion, it would still be worth something.
     
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  14. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Silver looks very strong versus gold. Looks like it can rise over $40 this year with zero difficulty. Looks like a sure bet now in the medium to long term. Thinking of selling off some investment gold to buy PSLV (to join in the squeeze) but worried about a correction in stock market...
     
  15. xboxboy

    xboxboy Member

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    A conservative person would be, but welcome to MMT (despite there being nothing modern about it). RBA have announced $200b QE since november.... and my source tells me June/July they'll go another $300billion.

    Individual stocks may crash, but I can't see them letting any of the big boys have trouble.

    Capitalism without financial risk is like being a catholic and not believing in hell: Just live your wildest life, it'll be fine.
     
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  16. GoldenEgg

    GoldenEgg Member

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    Perth Mint currently sold out of silver 10 Oz and 1 kg bars.Any signs of shortage on coins yet?
     
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  17. AustralianAustrian

    AustralianAustrian Active Member

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  18. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Does ABC ship overseas? Australian dealers are selling too cheap so it will not be surprising at all that everything will be sold out soon. Premiums for kilobar is like 13% upwards in all other places I can find, and often up to 20%.
     
  19. AustralianAustrian

    AustralianAustrian Active Member

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  20. tdtwedt

    tdtwedt Member Silver Stacker

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