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RE: WallStreetBets plans to explode Silver short positions

in LeoFinance4 years ago

Yeah, I just heard about this a few minutes ago and I am fucking STOKED to see it happen! I feel like a 6-year-old on Christmas Eve... even though I might have only around 100 ounces to my name. But if the returns are anything like #GameStop, it might become hard to find bullion buyers anywhere near the new ATH. lol

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Zero Hedge is reporting that bullion dealers are already experiencing shortages: https://www.zerohedge.com/markets/reddit-preparing-unleash-worlds-biggest-short-squeeze-silver

I just placed another order last night. I use COLONIAL ACRES here in Canada (I think they're in the GTA somewhere) and they still have some junk and bullion stock left.

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I've been heavily emotionally invested in silver for 12+ years! I've had my heart broken a few times in there. Guard yourself, just a little. Don't be devastated if not too much happens, at least right away.

But yes, who knows? CNN's front page is awash with this story (except no mention of future targets, like silver, probably because they don't want to help the strategy).

I have a few handful of coins and not much else. Was a rough few years for my wife @MediKatie and I, but we're alive, we have a healthy baby boy, and the future looks interesting :)

Interesting? That's being kind. You guys are here in Canada with me, and it's not looking so great... the world is actually in awe of our new travel restrictions (and not in a good way). Congrats on the healthy baby! I really do hope things work out for all of us.

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Thanks! He was born in Vancouver, a couple months before the virus struck. (But as far as I know, he had nothing to do with it.)