[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 94 KB, 649x800, 227A32DA-A5E5-4787-B3B7-30F8F6CAE67E.jpg [View same] [iqdb] [saucenao] [google]
27364892 No.27364892 [Reply] [Original]

Why does WSB hate silver all of a sudden?

>> No.27365065

the place is overrun by nutjobs that are going all-in on GME. every other play is a conspiracy accorind to those nutjobs. Today they will become dangerous, obviously

>> No.27365181

>>27365065
>the place is overrun by nutjobs that are going all-in on GME
The thing is they're pushing AMC but not silver.
They're promoting Qanon like conspiracy theories.

>> No.27365180
File: 284 KB, 556x480, Screenshot 2021-01-30 at 00.15.46.png [View same] [iqdb] [saucenao] [google]
27365180

>>27364892
People locked in Silver with their GME profits..
Who could’ve seen this coming?

>> No.27365196

>>27364892
Because they can't tell the difference between business and activism.

Silver is investment.
Gamestop is activism.

>> No.27365204

Bunch of fucking retards that bought gme at 400$ And are to stupid to ducking sell

>> No.27365241

>>27364892
because GME is a psyop like bitcoin to suck up tons of fiat and poof it into thin air during the collapse. the kikes are shilling for gme against silver

>> No.27365253
File: 107 KB, 727x1015, 1612109644854.jpg [View same] [iqdb] [saucenao] [google]
27365253

>>27364892
because theyre fucking retards and dont understand how little SLV matters, despite our repeated warnings to buy physical and AG/PSLV

>> No.27365263

You are confusing your desire to make a profit with a protest to corporate greed

>> No.27365271

Hello Juden

>> No.27365283

>>27365065
This. If you need a reminder of how retarded r****tors really are, they've really outdone themselves

>> No.27365290

>>27364892
what the hell is WSB?

>> No.27365303

>>27365065
Melvin, or citadel cashed out their shorts. The short interest is only 50% atm. They're literally just delusional at this point.

>> No.27365371

>>27364892
there mod team hasnt finsihed buying in yet, give it 2 days

>> No.27365406

>>27364892
they are all domestic terrorists, dontcha watch the news? :^)

>> No.27365468

Reddit is full of normie based bitches that lose at everything in life

>> No.27365559
File: 294 KB, 1242x841, C532D003-12DC-46BC-AB2F-ACB60FD46067.jpg [View same] [iqdb] [saucenao] [google]
27365559

>>27364892
Oh god, this is the greed stage

Can’t wait for the despair stage

>> No.27365568

They think SLV and silver are the same thing

>> No.27365643

>>27364892
You really think TPTB would let them crash the whole financial system? Fuck no. GME is just fun and games. Silver ain't happening.

>> No.27365703

>>27365180
>>27364892
THEY GOT FLOODED WITH NEWFAGS THAT JOINED BECAUSE THEY WERE GONNA STICK IT TO THE MAN WSB HAS ALWAYS BEEN ABOUT DEGENERATE GAMBALING NEWFAGS RUINED THE SUB

>> No.27365816

’m in my middle thirties and have a moderate holding of physical silver that I have been stacking since 2008(I remember the run up to $50/ounce). At first I wanted to be rich and that it would be a thinking mans road to riches. FF to now it’s not really keeping up as a hedge against inflation; still I have the physical.
We all know the silver paper market is heavily leveraged by hedge funds and managed by JP Morgan. They control the paper market.
However, with the help from retail investors this is my thought. We control the price of the physical market(I’m already seeing silver (35-50/oz) on eBay. What if we as a whole put (100,200,500, 1,000/oz) for physical. It would make a normies head split seeing $30 spot price and $100 physical price.
I’m happy with the spotlight being shined on the silver market; this opportunity is huge if we can run the physical market and make the decoupling obvious to all

>> No.27365844

>>27364892
Jews are trying to push the idea that we should buy $SLV to cause a "silver squeeze" and wsb is falling for it. The only things we should be buying are Physical, $AG and $PSLV. We are NOT trying to push $SLV and they are right about $SLV being a scam.

>> No.27365900

reddit retardedly assuming SLV = Silver

>> No.27365903

>>27365303
Source? oh wait you don't have one

>> No.27365947

I can't reply to /pmg/ anymore, anyone else?

>> No.27366100
File: 1.60 MB, 320x180, reddit sucks ass once again.gif [View same] [iqdb] [saucenao] [google]
27366100

because reddit
(gif related found on reddit)

>> No.27366172

>>27365900
No reddit is assuming SLV = Citadel jew
Which is correct.

EST like PSLV or phisical bullions is the way to go.

>> No.27366334

Don’t going to bother until it breaks $30 buy it on the dip when it touches it.

>> No.27366408

>>27365303
nice source there bud keep repeating it

>> No.27366562

>>27366408
I'm watching MeetKevin live breaking this all down. He just showed the data for short positions.

>> No.27366616

>>27364892
Disinfo campaign from all the hedgies who short silver obviously. Only ticker to avoid is SLV. Buy AG, PSLV, and bullion

>> No.27366704

>hairless monkey go oooh shiny metal
sorry elyakim I’m gonna need a little more than that

>> No.27366811

>>27364892
Their board is 1% genuine good trading autists and 99% sheep. One hurr durr silver bad shills stop muh gme and they bundle onto it. It's hilarious watching them wonder where people got such huge stacks like silver buhlgs haven't been stacking for years

>> No.27366849
File: 289 KB, 534x429, 1612120618743.png [View same] [iqdb] [saucenao] [google]
27366849

>>27364892
oh dear silver chuds. triple top and rekt.

>> No.27366851

Silver is a trap. While it can go up, they are promoting it so people get out of the shorted stocks

>> No.27366871

>>27365568
this

>> No.27366959
File: 64 KB, 874x921, wj.jpg [View same] [iqdb] [saucenao] [google]
27366959

This is obviously what is going on right now:

1) WSB was a genuinely grassroots movement which found out how to crowd-short-squeeze hedge-funds and banks. They did this with GME.

2) Then the silver squeeze, as being the ultimate short-squeeze, was a logical progression of this. It gained traction.

3) The original WSB silver thread said to buy PSLV and AG and physical, but the mods censored it.

4) A new thread was then created shilling SLV and attacking PSLV and AG; mods left it up.

5) "Citadel fud" begins when people show that Citadel is long SLV, which is completely irrelevant.

6) Whole of WSB starts attacking silver, nothing but anti-silver threads on the front page.

The plan:

7) GME falls apart, short-squeeze community is bitterly divided, silver is given the blame, kills momentum in the silver short squeeze as well.

Don't let the bankers win. Keep buying silver.

>> No.27367201

>>27366959
more likely the mods are getting into silver and need so idiots to cash out their gme to

>> No.27367213

>>27364892
STOP BUYING SLV FUCKING BUY PHYSICAL SILVER
JESUS CHRIST FUCK REDDIT
THEY COULD DO SOMETHING PRODUCTIVE BUT INSTEAD THEYRE HYPER-FOCUSED ON THIS GME BULLSHIT

>> No.27367211
File: 20 KB, 264x286, 1611942031912.jpg [View same] [iqdb] [saucenao] [google]
27367211

>>27364892
Because it's being actively shilled during a coordinated pump?

>> No.27367325

>>27366851
you dont know what youre talking about, and you probably think SLV is the only way to invest in silver

>> No.27367387

>>27366959
>Buy silver!
>During something that is actually working and garnering response
Uh... why the fuck would you waste your time with this?

>> No.27367734

>>27365903
>>27366408

From https://isthesqueezesquoze.com :
>short interest:
>27.13m (53.15% of float) by S3 Shortsight (1/29), 29.4m (58.21% of float) by Ortex (1/29)
>Shorts appear to be exiting their positions.

>> No.27369240

>>27365290
r/WallStreetBets , the new Al-Quaida, but worse since it is wypeepo

>> No.27369465
File: 2.75 MB, 1396x2108, Screenshot_20210202-020244~2.png [View same] [iqdb] [saucenao] [google]
27369465

>>27364892
Because they are pushing it.
Pic related.

>> No.27370344

>>27364892
palladium is the better bet

>> No.27371959

>>27365290
White Satanic Brotherhood

>> No.27372085

>>27369465
reverse psychology
>>27367387
because we don't want to go broke in a futile attempt to hurt some rich guys

>> No.27372186

>>27364892
they dont want to make money...they literally want to send a message lmao. idiots

>> No.27372312

>>27364892
Citadel is the 5th largest holder of silver, investing it now is a psyop.

>> No.27372337

>>27367213
this

>> No.27372401
File: 123 KB, 415x348, 1612150940938.png [View same] [iqdb] [saucenao] [google]
27372401

>>27367211
>coordinated pump
kek, you reddit rejects really have no idea that you lost all of grandma's money do you?
tell your mom and sister to get ready for their new positions in my kingdom

>> No.27372598

>>27364892
Because wsb became over-riden with 80 IQ woke leftists last spring. The mods removed our post because they proabably got paid to. Then some fag said "Hey this hedge fund is a market maker for SLV, therefore THIS IS A SCAM TO DISTRACT FROM GAMESTOP" And the rest of the retards bought it

>> No.27372620

Lmao god plebbit is so fucking full of propaganda now. All the posts are saying "don't buy silver, bad idea it's wsb's idea to buy silver"

And really it's the fucking kikes loading up for a planned squeeze so they can Green New Deal you silver at $150/oz for every solar panel and silver cased lithium ion battery for the next 50 years

they don't want you in on it

>> No.27372645

>>27372312
Tell me redditor, what is the difference between SLV and silver? Surely you know they aren't synonyms, right?

>> No.27372663

>>27365303
>t. Melvin

>> No.27372860

>>27364892
Became its actually something that will take time to happen. Load your bags while it's cheap. And if they push the price down buy more. Every Oz of physical silver you own is money they don't control. You are buying your freedom.

>> No.27372914
File: 20 KB, 403x408, 1612189384656.jpg [View same] [iqdb] [saucenao] [google]
27372914

It just dawned on me that /biz may have finicially ruined thousands on WSB with this silver stuff.

Silver catches on more with 70 million boomers than a video game game stores.

My mom called me up saying to buy silver she bought 4k on friday. Good for her

>> No.27372974

>>27364892
r*ddit is inflitrated by hedgies and they haven't realized it. It's been happening since last spring at least.

>> No.27373085

>>27372620
Yep. And our EPA/government won’t let people open mines here

>> No.27373300

>>27373085
even better.

>> No.27373395

>>27372620
>silver cased lithium ion battery
Why would you ever

>> No.27373545

>>27373395
https://insideevs.com/news/405131/silver-answer-solid-state-cells-samsung/

>> No.27373710

>>27366100
I dont understand why they would assume citadel would push the idea of silver...and the banks wouldnt be the ones shutting it down?

This is all retarded. The idea behind buying silver is that if you buy physical, there isnt enough to cover all the futures trading of it and naturally...the futures would have to pump to adjust to the lack of their ability to deliver it.

THIS ISNT A FUCKING ACTIVIST MOVEMENT. This is about making money...were acting as a decentralized investment firm...except our coordination is erratic and very public.

>> No.27373785
File: 5 KB, 276x183, images.jpg [View same] [iqdb] [saucenao] [google]
27373785

Flooded with banking shills, Cia and big bank click farms are in full damage control mode

Not selling.

>> No.27373925

>>27367387
Why not just do both, retard? Holy shit, buying physical silver is not some psyop to get people to sell/not buy GME. Do both. Squeeze everything. Fuck the market.

>> No.27373957

>>27366172
who cares if its citadel, its not like other hedgies are not making millions off GME

>> No.27373967

Because they are retarded plebbitors, let them get rekt

>> No.27373985

>>27373925
cringe take

>> No.27374009

>>27373545
>Silver-carbon film anode
Not a case.

>> No.27374626

>>27374009
https://www.frontiersin.org/articles/10.3389/fchem.2020.00109/full

>> No.27374861
File: 201 KB, 765x403, silblol.png [View same] [iqdb] [saucenao] [google]
27374861

>>27364892Imagine being so retarded that you are paying literally a 30% premium. Yes physical silver has a place in any investor's portfolio but its literally meme tier to talk shit about "paper silver" as if there's no way to profit trading silver futures contracts.

I purchased a $35 call option on a SL future contract for $3000 at 5AM EST. I was down $1700 by the time the market closed on Friday. Up $6000 by the time I sold at 6AM today.

Futures contracts can be bought or sold in 1 second whereas it takes days to buy and sell physical silver. I pay literally zero premium buying and zero premium selling, other than a $1 commission. And using the implied volatility of options you can literally double your money when the price moves 5-10%.

Yes, buy physical silver. But it's a purchase to make over a long period of time. Not now when the premiums are $30%. That means the price needs to move an additional 30% before you make a dollar.

>> No.27375123

Because it’s a real threat

>> No.27375281

>>27372974
> r*ddit is inflitrated by hedgies
And /biz/ isn't lol

>> No.27375348

>>27373710
Redditors are easy to manipulate. Link marines brainwashed them into not buying Chainlink in 2018 just the same.

>> No.27375378
File: 948 KB, 978x945, 1612163274409.png [View same] [iqdb] [saucenao] [google]
27375378

>b-b-but silver is just a distraction from GME

Listen up faggots, /pmg/ here. We've been in this game trying to destroy the big banks much longer than you.

All of the anti-silver FUD is disproven in this post:
https://www.reddit.com/r/Wallstreetsilver/comments/la2ha4/attention_wsb_silver_fuders_stop_posting/

>> No.27375490

>>27367213
Its fucking hilarious how dumb they are

>> No.27375520

>>27366100
>>27373710
>>27375123
redditt is retarded, at least some people there are trying to redpill them:
>>27375378

>> No.27375536

>>27365065
They're /pol/ for redditors.

>> No.27375583

concerted shilling effort. they don't understand that people can do gme and silver at the same time

>> No.27375710
File: 3.71 MB, 393x324, 1612077696073.gif [View same] [iqdb] [saucenao] [google]
27375710

>>27375378
Physical silver good, SLV is a falseflag and will go back down once this is over.

>> No.27375741

>>27364892
Because these cunts are just a big-toe's step away from being normies that don't understand how finance works. They don't understand that short contracts expire. They don't understand that selling securities is a sign that damage has been done. And they don't understand how to go after the bigger fish upstream.

>> No.27375798

>>27374626
Also electrode, not case.

>> No.27375876

>>27367387
People that don't understand how things work pushing GME like it's going somewhere. The damage is already done to citadel. Their short contracts expired on Friday. Time to pay. And they are - they're selling their securities. But Citadel owned and sold SLV, not real physical silver - and SLV is traded over 100:1 against physical silver. Meaning they sell 100 pieces of paper for every 1 ounce they have on hand. So Citadel sold their SLV position. SLV is driven by iShares, which is owned by JPM. JPM was in trouble last year for manipulating the PM market.
Now, when things go tits-up it follows the money upstream. Clearing houses like citadel pass the buck off to their investment banks. In this case the investment bank is JPM. The damage was already done to Citadel - they had to sell securities to cover their losses. Now we have to follow up with a right-hook to JPM. Nobody controls who holds the bomb, they're just trying to set it off.

>> No.27375908

Redditors and normies are just economically illiterate.
They think that SLV=PSLV= physical. They also think that Citadel stacks kilo bricks in their HQ.
They don't know anything about COMEX, deliveries and paper to physical ratio.
They are just easily manipulated retards who went all in GME and they subconsciously know they will be left holding bags.
They are in denial about reality.

>> No.27375937

>>27365065
>Nut jobs nut jobs nut jobs
Suck my nutjob nigger
>>27365303
Bullshit

>> No.27376043

>>27364892
It's like jingling some keys to distract you from a house fire

>> No.27376059

>>>/pol/306120000
.

>> No.27376080

WSB is overrun with newfags who think going into GME is “sticking it to the man”. By that logic, any other investment is just “splintering the movement”

>> No.27376207

>>27373985
>Wanting people to all in gme at these prices
Your either in dire need of bagholders or you work for a certain big bank
However pls end yourself now desu

>> No.27376383

I feel really stupid. I saw everyone saying don't buy SLV so I didn't, but I did buy an actual 500g Silver bar (should arrive this week). I like the idea of having a single bar lurking around as a small investment, maybe in 10-20 years I can trade it in if price rises a bit, and if I don't get tired of... looking at it/handling it, heh.

Never-the-less, I still feel like I've fallen for 'a hype', which usually I've been alright at avoiding.

>> No.27376390

>>27369465
So them talking about gme is them pushing it too?

>> No.27376408
File: 81 KB, 960x717, 1612133294895.jpg [View same] [iqdb] [saucenao] [google]
27376408

>>27364892
because wsb - gme snowflake cant buy 10oz for surfing da silverwave

go never all in lol

>> No.27376583

>>27367387
gme is too high for people to involved readily and there is nod ownside to buying silver as well as gme

>> No.27376669

>>27364892
Damn that shit look tasty

>> No.27376769

>>27365816
so you admit that you’re a bag holder. Silver is a worse hedge against inflation than usd lmao

>> No.27376952

>>27375937
You have to go back.

>> No.27376957

>>27376383
Either the hype is true and we break the paper market, or you own silver that has some intrinsic worth and you can HODL it as a hedge against inflation.

>> No.27377457

>>27376957
Thanks for the considerate words anon.

>> No.27378596

>>27364892
I bought 1kg today for 1000€. I'm gonna sell as soon as they receive my payment. Good god i didnt choose to have it shipped to me.