Sunday, January 31, 2021

Is SILVER Next? wallstreetbets Takes Aim at Silver Stonk! Gonna Be LITT!

 Is this real?  Elements of it are.

Silver has been a manipulated market for decades.  I wrote about it during my hard-core libertarian phase way back when.  Hell, the second post on this blog in November 2010 was about QE, and we watched  Silver Bears discussing The Bernank and his FED shenanigans.

JP Morgan has paid multiple fines to the CFTC for getting caught manipulating the silver market.  That link gets you only to the latest one.

This has made it a target.

It looks like the austists have taken aim at one of the most manipulated markets in recent history.  The silver and gold markets are always hammered down my the Big Shots.  Gold and Silver represent 6,000 years of market testing by people asking: 'what is money?' and 'how can I store my wealth?'

The Power Elite want you to never store your wealth.  They do it, but you shouldn't.  You should use your political money, fiat, to waltz into a rigged game.  Buy bonds.  Buy annuities. Buy stonks.  Get your face ripped off at times ... win some, lose some.  The key to all of this is that you use the money that is backed my nothing.  If you win - great.  If they win, even greater.  If you lose - too bad chump.  If they lose - time for a bailout and and a bonus. 

(Ask yourself this: If precious metals aren't money, and aren't worth much ... why do central banks hold it? Why do the wealthy own it?)

Here is The Godfather of Gold verbally disemboweling The Godfather of Helicopter Fiat:

It is this ethos that is driving much of the r/wallstreetbets engine.  If the next target is paper silver, look out - this could make GME look tame:



One of the redditors is nice enough to give a bit of a disclaimer:

"Join me brothers. Lets take silver to the moon and take on the biggest and baddest manipulators in the world.

Please post rocket emojis in the comments as desired.

Disclaimer: do your own research, make your own decisions, everything here is a guess and hypothetical and nothing is guaranteed, not a financial advisor, I have ADHD and maybe other things too."

When people are doing it for the lulz, it's like fighting a hydra; cut off one serpent head and 2 take its place.

Silver was already in demand. Odd how the price has hovered around $23 - $29 for the last 6 months, even with demand through the roof.  Shouldn't the price go up?  

r/wallstreetbets may have already started the project.  I went to one of the biggest exchanges to look into buying silver coins:

"currently out of stock" (do they mean stonk?)

It would be exciting, to say the least, if the reddit crowd does this.  The reaction of the Financial Elite will be incredible.  Whenever the Human Ballast work together, they go crazy.  Remember, in Orwell's 1984, the Proles were the last and only hope.  It's why I cheer for the Proles - flaws and all.

This might make the GME Gamestonk GameStop even look tame.  Multiply this by 100:


Keep your eyes open people - if they go for this it's gonna be LITT!

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