The Reddit trades are all over the place nowadays. It makes you think that you are really living in a different planet if you are not participating to their trades. And, if anything, it certainly makes you feel horribly bad if you enter their trade right before the inevitable dump starts (after the pump). Silver looks to be the next target of the Reddit crowd. If and how it will affect our silver forecast is unclear, but we’ll be watching the spectacle in the next few weeks … and will not make any prediction other than saying that we don’t trade markets … we invest in markets.
Tricky times for investors, in a world dominated by Robinhood and Reddit.
Robinhood blocks purchase of GameStop, AMC, and BlackBerry stock
What stood out in this article about Reddit folks at work is this one sentence:
The group’s official moderator account has also protested the decision by Robinhood, highlighting the unfairness of the fact that day traders cannot make new investments in the stocks when traditional firms still can.
Pay special attention to this part of the sentence ‘the fact that day traders cannot make new investments‘.
The silver market is next.
And ambitions are high, as per ZH: Reddit Preparing To Unleash “World’s Biggest Short Squeeze” In Silver
Silver Bullion Market is one of the most manipulated on earth. Any short squeeze in silver paper shorts would be EPIC. We know billion banks are manipulating gold and silver to cover real inflation.
Both the industrial case and monetary case, debt printing has never been more favorable for the No. 1 inflation hedge Silver.
Inflation adjusted Silver should be at 1000$ instead of 25$. Link to post removed by mods.
Why not squeeze $SLV to real physical price.
Think about the Gainz. If you don’t care about the gains, think about the banks like JP MORGAN you’d be destroying along the way.
It’s getting serious, and the silver market may heat up.
We want to give one, and only one advice to our followers: don’t mix up trading activity with investing activity. If you are an investor, know what you are doing in a market dominated by traders!
Whatever happens, the silver price chart is now completing a beautiful cup-and-handle formation. A make-or-break level, and the question is if the Reddit crowd will indeed succeed in creating an epic breakout.
We believe we have to be very prudent betting on the silver market. If anything, there are a few silver miners that we really like.
