/biz/ - Business & Finance

>>27267537
I know this is owned by chase, but what's happening here? Are they just printing more shares? to deflate it? Anyways, PSLV isn't even listed on robinhood, it figures, they don't want normies getting rich

Where to see silver market price before opening?

>>27267537
I work for a bank whose name I won't disclose. You fools. You have no idea what you're doing. No idea how serious this is. This isn't a simple get rich quick scheme. If there's a short squeeze on silver, all the banks will fail. Every single one. Eight of them are short silver and they would have to pay trillions to cover shorts if silver got to triple digits. The entire financial system will be destroyed if you do this. Silver is to the banks what GME is to Melvin Capital. Is this what you want to happen when we're in the middle of a pandemic? If the banks fall apart you will wipe out every single person who is holding dollars. What the hell is wrong with you. America will be destroyed. If you do this, don't think that we won't take away your silver just as we disabled your manipulated short squeeze stocks you unAmerican traitors. You've been warned.

>>27267652
no this is the futures price of it for next month, they are trying to suppress it but the sells just keep getting gobbled up

>>27267777
wasted quads, you shoulkd feel ashamed

>>27267777
Checked. Also, very obvious shilling, try and cut out the GME part because right now it sounds too desperate.

>>27267794
jesus christ

>>27267777
Good. Waste of digits.

>>27267537
Good goy

>>27267777
Gonna take me GME gains and swing it into silver, but only after the squeeze and not a second before

>>27267777
WASTED ON PASTA

>>27267652
They're printing more paper to suppress the price. Meanwhile silverchads are buying PSLV, buying physical, buying mining stonks. Also meanwhile idiot redditors and similar retards are buying SLV thinking that they are going to get rich.

>>27267777
Quads checked and the economy rekt.

>>27268091
based desu

>>27267777
>all the banks will fail.
Dont worry I'm sure they will get bailed out by our tax dollars again

>>27268066
No one is telling anyone to buy SLV. Physical or PSLV. Plus, all of those bank and hedgie holdings are hedged by futures. It's not like they make a lot of money when price goes up. Their holdings are hedged with future shorts.

>>27268091
Excellent use of game mechanics

>>27268205
>PSLV
>SLV
man for all normalfags like to rag on crypto, it's asinine stonks have a billion different products representing sort of the same product but not exactly, and there's no single identifier like a contract address you can use to know which is the correct one
everything about the boomer ponzi seems designed to make things more obtuse than they need to be

>>27267777
Your quads are an indication to us that KEK wants us to destroy the banks by buying Silver so that's what we are going to do. Just placed another order for 50 Silver coins

>>27267777
they're FDIC insured dw about it shill

pslv isn't on robinhood, bummer

>>27268434
A 5 year old could figure it out. Fucking idiots who are too lazy to do 2 minutes of research cry about this.
>I JUST WANT SILVER ETF! WTF! THERE ARE TWO!??????? FUCK IT THEN! I CAN"T FIGURE IT OUT!

Holy fuck I just realized if this gme squeeze happens. Citadel may try to exercise their SLV holdings for physical silver to pay debt.

>>27267777
>BRO JUST PUMP MY BAGS

>>27267537
>Largest shareholders include Citadel Advisors Llc, Royal Bank Of Canada, Susquehanna International Group, Llp, Citadel Advisors Llc, UBS Group AG, UBS Group AG, Susquehanna International Group, Llp, Credit Suisse Ag/, Jane Street Group, Llc, and Parallax Volatility Advisers, L.P..
https://fintel.io/so/us/slv

>>27267537
I call it "boomers dumping shiny rock bags on you"

>>27268717
>Paying debts with physical silver instead of USD
Wat?

DO NOT BUY ISHAREES


BUY

PSLV

>>27267777
>If there's a short squeeze on silver, all the banks will fail
Please happen for the memes

>>27268789
See
>>27268336

>>27267737
Kitco.com

>>27267777
I wasnt going to buy. But you have convinced me now. Never realized it would be that easy. Thanks.

>>27267777
quads on pasta to make people buy out of spite. Truly Kek is with us

>>27268834
No retard, pull silver out of Comex to sell to pay debts.

>>27267777
>short squeeze
>on physical silver
>Don't buy guys it's dangerous!!!!
What is this pathetic shilling for a terrible asset? WASTED DIGITS

>>27267777
Silver will never go above $50 because of two reasons:
a) At $50, it becomes very profitable to mine and miners can flood the market
b) JPM will just print a shitton of SLV

>>27267777
Yes.

>>27267777
Checked

>>27268066
Jew