/r/wsb autists taking on a wallstreet hedgefund. Elon musk involved as always / wallstreetbets / gamestop - Gamergate 2: financial boogaloo

Justin Kan, founder of Twitch is calling for the jailing for Ken Griffin and Robinhood's co-founders to be jailed
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Merry said:
There is roughly 0.5 ounces of silver per person on the planet.
It's much harder to find concentrated silver than gold in large deposits too bc it's thinly spread through the Earth's crust, so most silver is byproduct from other mining.
Silver is currently being crushed HARD by big banks and governments because it's the traditional currency of almost every civilized people on the planet and beats the shit out of fiat due to its inherent value and allure.
Basically the autists recognize that there is potential here, it's not just boomers screaming HOARD DA SILBER, but GME will need to pass first to get enough people even invested in the idea.
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Don't forget Silver's vital role in technological equipment, and Silver cannot be recycled to the extent Gold can, meaning what is "used up" is typically done for good after. The demand for Silver continues to increase for tech (which doubles by the year), and together with Gold are used in things like space shuttles, medical masks, solar panels, electric vehicles, and many other products which will see expansion well into the cyber age. During this ongoing wealth transfer I highly suggest people protect what purchasing power they still have, as it will pay you back in spades. Destroy the Comex, End the FED, Free a shit ton of People.
 
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mindlessobserver said:
So if the rumors are true and Citadel repositioned their short, I wonder at what level it was at. Hope it was higher then 200 dollars cuz man it will sting if it wasnt considering the Billions they already dumped into Melvin. 40 minutes to go.
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Andrew Left had a live stream telling his people that Gamestop stock would drop 50% when in reality, it gained 1700%.

I'm sure these people think they can get it down to 20 dollars a share.

For every 12 dollars over 20, they lose 1 billion dollars.
 
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The best thing to come out of this is the outraged wailing of establishment types. Some parasites got fucked by systems designed to protect and benefit them. Many of them do not understand that this delights people, or why. Those that do, who posses a sliver of self awareness, are whimpering about small investors getting caught in the crush.
 
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mindlessobserver said:
So if the rumors are true and Citadel repositioned their short, I wonder at what level it was at. Hope it was higher then 200 dollars cuz man it will sting if it wasnt considering the Billions they already dumped into Melvin. 40 minutes to go.
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So, to clarify: is the due date the end of today, or the end of Friday? I assumed it was the end of the week.
 
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KingofNothing said:
>tfw NEETS can create a more effective Occupy Wallstreet from the comfort of their homes in between rounds of Call of Duty than actual activists
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Those "activists" were an Astro-Turf Test to see if they could put "Protest" into the mantle of The Complex. Note how in 2016 The Anti-Trump protests just materialized out of thing air, pre-organized and pre-funded.
 
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Lone MacReady said:
Don't forget Silver's vital role in technological equipment, and Silver cannot be recycled to the extent Gold can, meaning what is "used up" is typically done for good after. The demand for Silver continues to increase for tech (which doubles by the year), and together with Gold are used in things like space shuttles, medical masks, solar panels, electric vehicles, and many other products which will see expansion well into the cyber age. During this ongoing wealth transfer I highly suggest people protect what purchasing power they still have, as it will pay you back in spades. Destroy the Comex, End the FED, Free a shit ton of People.
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Precious metals are a long haul meme for sure until we can be sure people are short squeezing, but worth it either way with the state of the world.

For poorfags, copper isn't a bad option for you if you can't hoard a few pounds of silver. Traditional coin currency conversion generally went something like this:
1 gold coin is worth 20 silver coins of whatever the standard size is
1 silver coin is worth 20-30 copper coins
 
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Welp, putting some money I have in my brokerage account into silver. At worst, it's undervalued and always good to have some money in something like silver for the future. At best, squashing the meme stock options will lead the autists to fuck with the silver market. I don't really have high hopes but it's not a ton of money anyways.
 
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