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

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The house always wins, motherfuckers.
Assuming they really have been paying off or weaseling out of their shorts, I would fucking laugh so hard if redditors and normies pumped the price up to $400/share or more and the Melvins then revealed they were not obligated to buy at those prices.

God no matter how this goes down the finale is going to be fucking hilarious
 
Because capitalism is the most hilarious economic model:
Popeyes.png

 
The key differences being that:
A) The gold market is much bigger than silver
B) Unlike silver, gold has minimal industrial applications and is used mostly for storage of value (and jewelry, although I imagine that jewelry-driven demand is a lot more price sensitive than, say electronics-driven demand in the silver market)
Every PC component you buy has gold plated connectors. Silver oxidizes FAST, gold doesn't.
Yes, silver is used in industry, but so is gold.
 
Every PC component you buy has gold plated connectors. Silver oxidizes FAST, gold doesn't.
Yes, silver is used in industry, but so is gold.
Typically, roughly half of silver's demand is industrial, while industry accounts for 10% or less of gold's demand.
Silver's industrial demand (as a proportion of total demand) will likely continue to increase due to its heavy utilization in solar panels and electric vehicle batteries, among other things.
 
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