Not buying it. They hold silver. If we gamestop silver, they will recoup billions of their losses from WSB. But, what do I know? I scrooge mcduck in my own physical silver every morning. If it moons then I'll need a bigger pool.
That argument doesn't hold water because they hold many things. If they hold half their holdings in silver, and they lose 3x their holdings in Gamestop then it doesn't matter how much silver they have, they'd have to sell it to recupe gamestop losses. And btw, no hedge fund is holding silver, believe me. It's a loser metal compared to gold. They also don't hold platinum. It's a loser too. They hold gold and paladium because the long term charts show these two beating the dow index, but the other two are very low slopes and for a decade silver was flatlined (JPMorgan treatment)
Also they don't trade in metals because it's not volatile enough. They prefer higher risk things and shorting stuff. You don't short metals because they are stable, and the jig is up with metal manipulation unless they are caught selling fake e silver which they are totally stil doing
They're holding gold and palladium and probably also uranium (lol)
They MAY be holding silver EFTs but those are losers because they are fake; and when the market on those implode they will have nothing
Not buying it. They hold silver. If we gamestop silver, they will recoup billions of their losses from WSB. But, what do I know? I scrooge mcduck in my own physical silver every morning. If it moons then I'll need a bigger pool.
That argument doesn't hold water because they hold many things. If they hold half their holdings in silver, and they lose 3x their holdings in Gamestop then it doesn't matter how much silver they have, they'd have to sell it to recupe gamestop losses. And btw, no hedge fund is holding silver, believe me. It's a loser metal compared to gold. They also don't hold platinum. It's a loser too. They hold gold and paladium because the long term charts show these two beating the dow index, but the other two are very low slopes and for a decade silver was flatlined (JPMorgan treatment)
Also they don't trade in metals because it's not volatile enough. They prefer higher risk things and shorting stuff. You don't short metals because they are stable, and the jig is up with metal manipulation unless they are caught selling fake e silver which they are totally stil doing
They're holding gold and palladium and probably also uranium (lol)
They MAY be holding silver EFTs but those are losers because they are fake; and when the market on those implode they will have nothing
We mean "physical silver". "physical gold"
I tried stockpiling uranium. They really should put a warning on how much you can cram in one safe.