Wall Street Is Panicking - The Little Guys Beat Goliath

[Erik Nelson]

What Is the Story Behind GameStop and Crazy Stocks?

‘Wolf of Wall Street’ on the twists and turns of GameStop mania

 

[Erik Nelson]

Treasury secretary called on to recuse herself from advising Biden on Reddit rebellion

 

[Michael]

I think it's going to be interesting to see how this scenario plays out. If I were Biden, I would immediately call on Congress to setup a commission to study this event, and come up with solutions to fix it. If that means switching over to a US Cryptocurrency, or Bitcoin to operate in real time, so be it.

Careful attention needs to be put on the communications going on between Robinhood, Citadel and between any other parties that refused to allow the purchase of the specific stocks which were blocked.

It still smells like there is something rotten under the hood here, and nothing short of full congressional investigation will be required to get to the bottom of it.

If there was any financial collusion between brokers and hedge funds, people should be held criminally accountable.

I need a big bag of popcorn for this fiasco.

 

[Erik Nelson]

Robinhood Whistleblower EXPOSES Alleged Connection To the White House

GameStop Short Squeeze Explained—Jeff Carlson: Why Govt Shouldn't Step In | American Thought Leaders - YouTube

UPDATE: Reddit Users Going After Silver for 'Biggest Short Squeeze in the World'

Analyst: In GameStop Battle, 'The Little Guy Has Been Winning'

 

[Michael]

https://media.gab.com/system/media_attachments/files/063/973/836/original/1a2a5b8743f4c4c5.mp4

 

[98cwitr]

Now they're doing silver....this is crazy, and awesome

 

[Nithavela]

Now they're doing silver....this is crazy, and awesome

There's talk on WSB that the "silver squeeze" is actually an engineered phenomenon that's meant as a diversion tactic. Something about a media campaign, too. Nobody is actually talking about silver, they are still focused on AMC and GME.

 

[GDL]

is the squeeze squoze yet?

 

[tall73]

There's talk on WSB that the "silver squeeze" is actually an engineered phenomenon that's meant as a diversion tactic. Something about a media campaign, too. Nobody is actually talking about silver, they are still focused on AMC and GME.

Yes, if you search on silver many news outlets are running the story, attributing it to Reddit. If you go to Reddit you see that some of the top trending stories are saying NOT to buy silver. And the top story when I went was from Wall Street Bets still focusing on Gamestop, etc.

There were some posts in the last few days indicating silver. However, it was warned against by many as a diversion for two reasons.

1. Citadel, one of the big targets of the group, holds lots of silver. So if they boost silver Citadel can make money back that it lost on the shorts of Gamestop, etc.

2. People might redirect their money from Gamestop, etc. to silver.

Citadel Silver Holding Exposes Rifts in WallStreetBets Army

Citadel Advisors LLC owned about 6 million shares of the iShares Silver Trust as of Sept. 30, equivalent to a 0.93% stake, data compiled by Bloomberg show.

While these holdings may well be related to its role as one of the world’s largest market makers -- the firm also held shares in at least 17 other silver companies and ETFs


Moreover, the silver market would be harder to push up. And the amount it has gone up so far, while not insignificant, is not necessarily showing the same kind of targeting as the earlier stocks.

I would post screenshots of the trending posts on Reddit's main page, but they use quite a bit of profanity.

Either all of these news outlets just don't fact check by visiting Reddit, or latch on to a few less popular comments, or are working with the big traders to help them boost the Silver market by influencing those who don't go to Reddit regularly.

One of the complaints about the hedge fund folks to start with was that they would at times use the media to help them short, etc. And this silver push seems way more driven by the media right now than Reddit.

 

[Nithavela]

Yes, if you search on silver many news outlets are running the story, attributing it to Reddit. If you go to Reddit you see that some of the top trending stories are saying NOT to buy silver. And the top story when I went was from Wall Street Bets still focusing on Gamestop, etc.

There were some posts in the last few days indicating silver. However, it was warned against by many as a diversion for two reasons.

1. Citadel, one of the big targets of the group, holds lots of silver. So if they boost silver Citadel can make money back that it lost on the shorts of Gamestop, etc.

2. People might redirect their money from Gamestop, etc. to silver.

Citadel Silver Holding Exposes Rifts in WallStreetBets Army

Citadel Advisors LLC owned about 6 million shares of the iShares Silver Trust as of Sept. 30, equivalent to a 0.93% stake, data compiled by Bloomberg show.

While these holdings may well be related to its role as one of the world’s largest market makers -- the firm also held shares in at least 17 other silver companies and ETFs


Moreover, the silver market would be harder to push up. And the amount it has gone up so far, while not insignificant, is not necessarily showing the same kind of targeting as the earlier stocks.

I would post screenshots of the trending posts on Reddit's main page, but they use quite a bit of profanity.

Either all of these news outlets just don't fact check by visiting Reddit, or latch on to a few less popular comments, or are working with the big traders to help them boost the Silver market by influencing those who don't go to Reddit regularly.

One of the complaints about the hedge fund folks to start with was that they would at times use the media to help them short, etc. And this silver push seems way more driven by the media right now than Reddit.

Makes me wonder if Trump was right when he called the main stream media "the enemy of the people".

 

[GDL]

Makes me wonder if Trump was right when he called the main stream media "the enemy of the people".

No need to wonder.

 

[GDL]

Yes, if you search on silver many news outlets are running the story, attributing it to Reddit. If you go to Reddit you see that some of the top trending stories are saying NOT to buy silver. And the top story when I went was from Wall Street Bets still focusing on Gamestop, etc.

There were some posts in the last few days indicating silver. However, it was warned against by many as a diversion for two reasons.

There are also posts on Reddit WSB showing that bots are posting on their stream trying to divert them. Besides the stock market, this is showing how much of media & online activities is nothing but a war game for $ & ideology.

 

[Erik Nelson]

After Hours - OANN Nexus of Reddit & Politics with Michael Glassner