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.
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.
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.
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!
And 24 comments at this stage on the Reddit sub regarding: And not 1 single post going: "Ummmmmm............". But there was this pearler: God? FFS.
Then there's this one: If someone posted that on SS there'd be about 20 of us jumping on him trying to beat some sense into him.
Did you miss WSB? There were people a million dollars up saying they don't care about money lol these people are trash
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.
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.
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
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.
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...
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.
oh wow. this is an important indicator I've been watching out for the next shoe to drop is abc, they seem to still have 1 kg bars https://www.abcbullion.com.au/store/silver
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%.
yes according to their website but you have to call to pre-arrange https://www.abcbullion.com.au/storage-and-delivery/delivery
#SilverSqueeze Hits London As SLV Warns Of Limited Available Silver https://www.zerohedge.com/markets/silversqueeze-hits-london-slv-warns-limited-available-silver