After watching another flogging of precious metals, I'm reminded that the market is largely a fraud. If you can get in with the crowd, you can make money, but if you want to bet on fundamentals, you'll break even at best.
The media claiming that Silver was being hyped by Reddit was fake news, probably by citadel to re coup some of their GME losses. It did work to make a quick buck though. SVE was a great day trade, not so good if you believed it was long term.
And that’s no kidding, we don’t get to play by the same rules as Wall Street.
ribka, I’m only a week late if they hit their shorts, there’s 85% still out there and the peasants are keeping the price up. Weather they’re keeping it high enough is the question. Only time will tell!
