Silver wasn’t pimped on Reddit’s WSB. Rumor there was that it was a misdirection by the hedge funds/big media to lessen pressure on GameStop.
That’s exactly what’s happening.
Yep. Then they told everyone not to jump, to HOLD GME. SLV positions were already strong with Citadel.
> Silver wasn’t pimped on Reddit’s WSB. Rumor there was that it was a misdirection by the hedge funds/big media to lessen pressure on GameStop.
ingenious of them. now, wondering if any way to profit from this (possible) insight...
Yep. The WSB folks denied having anything to do with this from the start. This is big money manipulating the WSB phenomenon to slow the short squeeze bleeding. Silver was already overpriced.
Actually, they have targets on about 50 stocks and commodities.
Gamestop was just the first of hundreds.