/biz/ - Business & Finance

>>27192226

"Robinhood silver traders may break the Comex and seriously hurt some bullion banks." Alasdair Macleod shows yet again why he is the best economist alive today. He's the only person who really understands that we have a revolution going on right now. Kranzler, Brady, Schiff etc. are acting like jaded boomers and they simply have no understanding of how young people feel right now or of what is currently going on.

>>27175432

This doesn't really work as satire because Peter Schiff has been pretty pessimistic and sceptical about what has been going on lately. He even mocked the people piling into First Majestic today (interview with Meet Kevin) and told them to buy his gold fund instead because it's "safer" and "more diversified." He simply doesn't grasp the Zeitgeist, the fact that furious people with nothing to lose are punishing bankers and bankrupting hedge-funds. Same thing goes for Kranzler and Brady and Hemke and a lot of other people whom I have more or less respect for. I don't think that these jaded boomers really understand young people's energy or mindset and the revolution which is happening before their eyes. They would probably run a mile if they saw 4chan, it would simply be too hard for them to comprehend. They can’t see what we see. This _is_ the Black Swan which all of us have been waiting for. The masses have been awakened to the power of squeezing short positions, and silver is the most shorted asset of all time. GME was 140% short; it was only a matter of time before people realised that silver positions are up to 50,000% short. GME is the hedge-fund killer, silver is the banker-killer.

The “mainstream” person who seems to perceive best what is going on right now is Alasdair Macleod, and that is because he understands so well the short position of the banks and what they have to lose. His prediction that the dollar would die in 2021 may very well come true.

>>27175651

That's PSLV. But taking delivery on PSLV isn't necessary to break the COMEX because PSLV will take delivery on the COMEX of its own accord if people keep buying more and more PSLV shares.