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GME was talked about for over a month before it was picked up by media and it was cause they were trying to convince people to sell.

Now "Silver is the next GME" is popping up in mainstream news instantly before there has been much discussion on the boards.

Seems like it is a conspiracy to make some of the hedge fund peoples money back.

Your telling me there's billions at stake and they wouldn't have a media/shill fest as retaliation?

Think smart with your money, nothing is a sure thing.

GME was talked about for over a month before it was picked up by media and it was cause they were trying to convince people to sell. Now "Silver is the next GME" is popping up in mainstream news instantly before there has been much discussion on the boards. Seems like it is a conspiracy to make some of the hedge fund peoples money back. Your telling me there's billions at stake and they wouldn't have a media/shill fest as retaliation? Think smart with your money, nothing is a sure thing.

(post is archived)

[–] 13 pts

Its a scam. The amazing thing about the GME short stock was that the hedge funds were LEGALLY OBLIGATED to pay up or go to jail. They put themselves in that trap. This silver thing isnt even a squeeze. No one is legally obligated to sell, anyone that has paper silver contracts can just take cash instead of physical, and the price of silver is heavily manipulated by a central authority. I.e. Some bankers post on the charts their decided price of silver for all to see, whether or not you can find it at your local shop cheaper or more expensive. How many dealers will sell so far from the broadcast market prices?

This is just a scheme for banks to unload their silver paper at ridiculous prices.

[–] 4 pts

You need to look into PSLV... they take physical delivery of silver.. COMEX is absolutley obligated to deliver physical silver. And PSLV buys from comex, puts silver in vault and is open to audits any time.

You may be right, but the fact that I tried to post PSLV on reddit wsb and got banned instantly made me realize we are onto something.

Youre right about expensive paper silver... but youre wrong about the inability to hoard the physical stuff.