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

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Secret Asshole said:
Occupy Started with a lot of educated people coming together and planning out meetings and such. Then retards came in and made the 'progressive stack', which means only the most 'oppressed' could guide the direction of the 'movement'. When the progressive stack formed, all good ideas were basically destroyed by mentally retarded trannies and women who majored in basket weaving while everyone competent abandoned it.

Not many people remember the competent days of OWS, because they didn't last all that long. Once the spastics took over, everyone reputable fucking ran.

It quite literally started by well dressed people who wanted to copy MLK's style of protest so they could be taken seriously. This was voted out in a nano second to this viscous mass of shit.
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For me, the legacy of Occupy Wall Street was uptwinkles and downtwinkles and the birth of the idea that clapping or other sounds might be "triggering" to people so we'd better not do them.
 
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Elwood P. Dowd said:
So...what, if anything, happens at the opening bell tomorrow? Do the autists still continue to buy at any price? Does Western Civilization collapse in a shudder of hiccoughs and memes? Do the hedgies start looking for work as UberEats drivers?
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That depends almost entirely on what measures (((they))) will put in place to protect the goyim from the very dangerous, far right extremist activity of making money outside of wage slavery.
 
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A bit of a sidebar, but shares in silver mining companies on the Australian market (ASX) are up by between 20-30% during this morning's trade. Here's just one example, Silver Mines Limited (ASX:SVL).

1612139656467.png

This is probably a better chart, as it shows how much volume has shot up in the last couple of ASX trading sessions.

1612140282445.png

idk how many silver mining companies are on any of the US markets. In some places, such as Australia, owning the means of production tends to be used as a proxy for owning the underlying asset. Not financial advice.

I own shares in several mining companies, as well as an oil and gas producer. I do not own shares in SVL.
 
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Overly Serious said:
How does one actually go about investing in silver, gold or platinum? I know you can buy the physical goods and that seems nice. But when you're talking stocks how does that work - are you buying stock in mining companies, in some kind of dealing companies that buy and sell silver? Or is there some sort of "Silver" market you more directly invest in? If you're buying stock in a metal owning company how do you pick a good one - how do you even find a list of them?

Basically, if I want to buy GameStop stock I type in GME and click buy. How would I "buy silver"?
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Buy 'Silver Rounds' at a coin shop.
 
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Superman93's Bitch said:
The amount of people who don't know the difference in investing in silver or silver trusts is making me care even less about everyone who'd get screwed by a market crash.
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Big difference: options on silver trusts structured as grantor trusts (like SLV) count as section 1256 contracts, which have very juicy tax rules (like no matter when you sell it, it gets taxed as 60% long term 40% short term).
Physical gets fucked sideways by Uncle Sam.
Edit: The above also applies to options on GLD, but keep in mind that regular shares for both get taxed the same as physical.
 
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Save the Loli said:
This Charles Gasparino guy seems like a real lolcow. Is he really some Fox Business anchor? Looking him up, I found his Wikipedia page where he appears to have thrown a tantrum over his biography.

https://en.wikipedia.org/w/index.php?title=Charlie_Gasparino&action=history - Oh look, he's butthurt over his Wikipedia page
https://en.wikipedia.org/w/index.php?title=Charlie_Gasparino&diff=prev&oldid=905092657 - Claiming Wikipedia is libeling him for posting how he is not, in fact, a Pulitzer-nominated journalist (basically anyone can submit something for the Pulitzer, it doesn't make you a nominee)
https://en.wikipedia.org/wiki/Special:Contributions/148.75.171.81 - Here's an IP he used where he threatens to sue Wikipedia and people who edited his page

Boomer journocows like this guy and Kurt Eichenwald are great.
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It's indicative of hedgies when all they can find to defend them are nutcases who are one internet meme away from snapping and taking a loaded gun to work.
 
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haha fune sex numbr said:
You only need an email IF you're a good boy. Once you start acting up they ask for increasing levels of authentication, starting with email and I think it gets up to photo ID.
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No I thought so too, but I was banned previously and I was able to create a new account with email only.

There's a link beneath the phone number input that says "use email instead". You can sign in using whatever email as long as it hasn't been used before.

Try it out.

Shakka Ahmose said:
from my experience, i open a new account and then they lock me out of the account unless i provide a number.
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Hasn't happened to me yet.

You could probably use a VPN to get around that.
 
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Dafuqisdis? said:
No I thought so too, but I was banned previously and I was able to create a new account with email only.
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They will eventually demand your phone number to verify your account. They did it to my latest account which literally doesn't post or like anything and has randomized content in the profile. But they don't give a shit if you use the same number.

I'm on account... 5? And just use new emails each time. Same phone number. Not even sure where I'd be able to get a burner texting number if I needed it.

However, one of my buddies does have to use a different phone cause every time they see his number, they nuke him from orbit. So...
 
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Apparently Myanmar/Burma is suddenly going through a military coup as we speak and Aung San Suu Kyi is detained... again. Unexpected side effect of this whole wall street fiasco but ok...

jk though I'm sure somebody somewhere will connect the two, if through some intense mental gymnastics.
 
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Bill The Fucker said:
Big difference: options on silver trusts structured as grantor trusts (like SLV) count as section 1256 contracts, which have very juicy tax rules (like no matter when you sell it, it gets taxed as 60% long term 40% short term).
Physical gets fucked sideways by Uncle Sam.
Edit: The above also applies to options on GLD, but keep in mind that regular shares for both get taxed the same as physical.
Click to expand...
Christ what's even the point with tax rates like that?
 
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