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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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26735107 No.26735107 [Reply] [Original]

Big Banks are short over $100 Billion on Gold. Melvin Capital is small time compared to JPMorgan. If we memed this into reality, the squeeze would actually bring down the big banks.

>> No.26735212

>>26735107
>Short squeezes the big boys
>Big boys will just get an American-funded bailout
They cannot lose.

>> No.26735317

>>26735107
Already have 24ozs, you fags can catch up.

>> No.26735331

Truth is, the game was always rigged

>> No.26735402

>>26735212
thats why you do your best to make the bailout amount so crazy it does strange things to the timeline

>> No.26735442

>>26735107
Silver would be 10X easier because of how heavily it is already manipulated and the price is more attractive for normies to jump in

>> No.26735538

>>26735442
this is true.

>> No.26735551

>>26735212
>banks get a bailout
>bailout results in the amount of US in circulation being doubled over the course of 2 years
>USD bubble bursts
>the big multinational banks collapse
>they take down all the smaller banks under them around the world
>entire planet enters a financial crisis
>all because they wouldn't let some faggots play video games in peace

>> No.26735835

>>26735107
i thought gold prices are set by a committee of big bankers.

>> No.26735967
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26735967

>>26735551
Sounds to me like that was the plan all along

>> No.26736269

Guys i have 500europoors

Should i get in the wave tomorrow??

>> No.26736425

>>26735551
you took my virtual life
i take your real life

>> No.26736573

>>26735442
also easier for normies to buy, normies aren't gonna drop $1800 or whatever, but they might buy an ASE

>> No.26736650

>>26735107
LMFAO GET IT

>> No.26736665

>>26735442
You are right, but most Zoomers would be buying the GLD on Robinhood. We could also reel in the Boomers. We have to pick one or the other. GLD is the new GME.

>> No.26737502

>>26736269
nokia is pretty low

>> No.26737752

>>26735551
XRP the Standard

>> No.26738065

>>26735212
>>26735212
>big bailout
>gold pumps even higher.
We literally can't lose

>> No.26738174

>>26735212
We want as many people to see this — that’s the point!!

>> No.26738212

>>26737752
(((you))) are a schizzo

>> No.26738249
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26738249

Hi, guys. I wonder whether binary projects are better than crypto trading? As I get, it is much easier to predict price growth or falling for such indices like Uber, Amazon, Microsoft.

Came across Baex (#baex), a defi binary exchange, and I am interested in their referral program and mathematical algorithm for regulation. Does anyone know about this project?

What options do you use?

>> No.26738283

>>26737752
More like CCP

>> No.26738365

>>26738174
This is the way. Everybody, hold.

>> No.26738428
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26738428

>>26735107
>short squeezing gold
We're reaching levels of stupidity that shouldn't even be possible

>> No.26738934

>>26738428
The GLD and other metal ETFs are shorted dipshit

>> No.26739176

>>26738934
damn right bro, me and you, I'm byuing for 10k now, match me

>> No.26739310

>gold
>silver
Buy futures and demand physical settlement rather than rolling it over. Silver is something like 88x leveraged paper/physical.

>> No.26739431

>>26735107
Yeah have fun trying to corner a 9 trillion dollar market cap

>> No.26739704

>>26735835
Bretton Woods has been dead for fifty years.

>> No.26739793

>>26739310

How many people would it take, and how much would each person have to buy, in order to poomp silver and btfo the hedgies?

>> No.26739800

>>26739431
ngmi

>> No.26739962

>>26735442
>Silver would be 10X easier
This would be smart. Normies are gonna need silver for their Electric Chinese cummie cars. The market would be desperate for Solid silver if we all just bought a few oz.

>> No.26740159

>>26739793
>How much would it take
Not much. Hedgies would fucking shit themselves if everyone with GME gains said they were liquidating it all to buy Gold/Silver

>> No.26740528

>>26735107
We can not move silver or gold but we can move the mining stocks.

>> No.26740539

>>26739793
>How many people would it take, and how much would each person have to buy, in order to poomp silver and btfo the hedgies?
>The estimated global production of silver in 2019 amounted to 27,000 metric tons.
27k metric tons is 868 million troy oz
>"Industrial fabrication ... is forecast to drop by 9% percent this year to 466.5 million oz, a five-year low,"
Maybe 1-2%.

>> No.26740776

I'm down with Silver. Imagine if we got all autists to get at least 10oz. Coulld possibly JUST some bullion banks

>> No.26740891

So what is the best strategy to moon? Buy futures and demand physical settlement, or squeeze the short on the GLD or SLV? Also, we need to pick either Gold or Silver. Gold is shorted by are enemies much more than Silver, therefore I think Gold would resonate much more.

>> No.26741059

>>26740891
price of gold would make it hard to convince normies to buy into it.
silver would be easier for that.

>> No.26741440

>>26741059
Normies will buy the GLD though any which is only 172.

>> No.26741604

1 billion people bought 10 grand worth ought to do it.

>> No.26741642

>>26735107
Test

>> No.26742048

Good idea. First buy all the physical and squeeze those kikes out of it. When we have widespread shortages on physical market buy all the fuckin paper available to pump that fucker up to the moon. I reckon the war is won when we squeeze the physical and the final blow is when the paper price is so disconnected from physical everyone can see the clown world.

>> No.26742114

Lol, this thread is full of jewish trash advertising
Don’t go for this trash if you want to save your wallet
They still try to bring new idiots for their fake pools and bases protocols
But I know one thing, only one top rebase project now - Base Protocol, so I don’t believe in fake shit

>> No.26742117

Peter Schiff has spoken. Its happening fags whether you like it or not. GLD will be GME on steroid. Screenshot this. -WJH
https://nitter.net/PeterSchiff/status/1354474431586955265#m

>> No.26742315

>>26735317
I have .7oz :(
>>26735107
Can we do silver instead?

>> No.26742750

>>26742315
Gold will hurt them much more than Silver. That's the point, to curb stomp them financially and moon ourselves.

>> No.26742758
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26742758

>>26735212
>Bailing out the dollar with dollars
I've heard more retarded things here before.

>> No.26742878

>>26735442
I bought 1 oz today faggots catch up

>> No.26743817

>>26735442
>the price is more attractive for normies to jump in
price points only matters if you're buying physical gold and who the fuck would buy high-premium instruments for a short squeeze? You might as well be buying physical stock certificates for your GME.