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Started By
Message
This could be something....Look beyond equities, Silver to be the next short squeeze
Posted on 1/27/21 at 1:15 pm
Posted on 1/27/21 at 1:15 pm
Silver is a 1.422T market, small on a macro scale but
What if enough degens rolled their GME gains and requested physical delivery, it would break the Comex...price would sky rocket
Reddit Wall St bets
What if enough degens rolled their GME gains and requested physical delivery, it would break the Comex...price would sky rocket
Reddit Wall St bets
23
Posted on 1/27/21 at 1:27 pm to misterc
Seems pretty legit. Price has been fairly stable for a while so it'd be worth getting in now before reddit gets a hold of it.
Posted on 1/27/21 at 1:29 pm to misterc
Honestly never fooled with commodities but how would one buy in? Looks like ticker AG would be a play.
Posted on 1/27/21 at 1:30 pm to CaptainJ47
SLV
Posted on 1/27/21 at 1:33 pm to CaptainJ47
The purest way would be a futures broker, trade the future or options on the future. You could even take delivery if you have a broker that allows.
2nd would be options on SLV or pure play on SLV. Silver ETF
I like PSLV trust but theres no options on it
2nd would be options on SLV or pure play on SLV. Silver ETF
I like PSLV trust but theres no options on it
Posted on 1/27/21 at 1:34 pm to misterc
Well FK, I was about a half inch of a finger move away from liquidating my long SLV position to buy GME. Now what do I do?
Posted on 1/27/21 at 1:35 pm to Pendulum
buy low sell high
Posted on 1/27/21 at 1:37 pm to misterc
I've got calls in $AG. Let's fricking go!
Posted on 1/27/21 at 1:39 pm to misterc
Oh Lord...it’s the Hunt Brothers all over again...2021-style.
I’M IN!!!!!!!! LETS RIDE!!!!
I’M IN!!!!!!!! LETS RIDE!!!!
Posted on 1/27/21 at 1:40 pm to BobRoss
Just bought 350 shares of SLV
Posted on 1/27/21 at 1:53 pm to misterc
is the play SLV or AG? That thread seemed to have both
Posted on 1/27/21 at 1:55 pm to DawgCountry
Post specifically named the ticker $AG. I didn’t see SLV mentioned.
ETA: SLV is specifically mentioned. Reading comments, both tickers come up. I don’t think a real squeeze can be AS successful unless they choose one, eh?
ETA: SLV is specifically mentioned. Reading comments, both tickers come up. I don’t think a real squeeze can be AS successful unless they choose one, eh?
This post was edited on 1/27/21 at 2:05 pm
Posted on 1/27/21 at 1:56 pm to misterc
It's one thing to frick with stocks and equities....another to frick with commodities that do reflect real goods.
Posted on 1/27/21 at 2:00 pm to High C
shitI bought slv then sold it right away for like a $2 loss but when I tried to get Ag, it said the original trade hadn't executed yet, so I cannot get Ag
Posted on 1/27/21 at 2:10 pm to AndyJ
I went long futures but if I did not have access SLV would be ok to get exposure.
They have to cover with futures in SLV which then has to be covered with metal or commitments for metal.
They have to cover with futures in SLV which then has to be covered with metal or commitments for metal.
Posted on 1/27/21 at 2:23 pm to misterc
I'll just throw out there my SLV calls from last week are currently down 44%
Posted on 1/27/21 at 2:24 pm to misterc
So, is it AG or SLV or both or either?
Posted on 1/27/21 at 2:31 pm to High C
AG is a miner, I like exposure to underlying but the miner is probably a good buy too. I have not vetted that company.
Posted on 1/27/21 at 2:53 pm to misterc
Just bought $1000 worth of AG let’s ride
Posted on 1/27/21 at 2:58 pm to misterc
This was already done in the 70s by Herbert Hunt and his brothers. They bought and stored up a crapload of silver, inflating the price from 11/oz to 50/oz worldwide. The CFTC stepped in a charged em, bankrupting them and Hunt Oil.
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