reddit vs silver markets

Hope these robinhooder's remember Nelson and Bunkie Hunt trying to corner silver market's in the 80's . Big brother came in and killed the trade!!
I'd hate to all those silver coins smelted!!!

 

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They controlled about 1/3rd of the market....silver moved from $12 to $50 in a few months. You'd need silver to move to $120 today.

Today's markets are much more liquid and larger and there's 1,000x as much information. Much more difficult to move the markets over a longer period of time.

 

Yes and big brother would flood silver market from reserve's and as the Hunt's were very close uncle would dump Fort Knox all markets would tumble as is GME and all the short's maybe the hedge funds are pushing back?

 

High prices are the solution to high prices.

It will draw in supply.

 

I sold the Bros. 10 years of Trade dollar proofs via Christie's in 1983 for $9000 each had $450 in them from childhood inheritance now worth about $3000 each? Bug-n-Windshield! can't be both LOL

 

I wonder why they didn't put the short squeeze on gold? I'm thinking more of them Robin Hooders own silver, what do you think?

 

I think they believe that people who accumulate silver for monetary protection in the future are wrong and misguided .

 

Because the CME futures in gold trades $60 billion daily in volume.

Unless all the WSB folks sell out of their GME close to $400 a share, they're gonna be a wee bit shot on firepower to move the gold market.

 

No, it is because the gold market is 6x bigger than the silver market.

 

Silver future margins go up:

https://www.bloomberg.com/news/arti...-silver-futures-margins-by-18-effective-feb-2

 

Can you trade commodity futures through the Robinhood platform?

 

The WSB vs PMs is really just a rumor getting pushed by media for some unknown reason. Someone may doing it trying to blame them for it, or trying to run the price up to get some money back, or trying to get them to sell out of GME into it, maybe a combination of all of it.

Essentially none of them are actually pushing or talking silver on their page. There's basically 0 interest from them

 

No idea, but I would hope not. Normally, you need a futures account to trade them.

Since futures involve buying on margin, gains and losses are magnified and you have to add $$$ at times to cover losses.

Not sure if RH is set up for that and it's not an SEC/SIPC regulated item, it's the CFTC.

 

More importantly why would anyone want to use RH after the last week. There's plenty of other platforms

 

Really wondering what platforms the Reddit retail investors were using to buy silver futures contracts.

 

They weren't. It was a false narrative where their page basically never talked about it and tons of posts talking about how they aren't

 

Not capitalized for mass accounts speculating in leveraged investments.

RH needed to raise almost $4 billion in a week.

Maybe they can goto Schwab or Fidelity......

 

Especially if the whole mass of accounts are speculating the same position.

 

Their future is bleak anyways. They already paid an SEC fine in December and now they're going to be getting sued for years to come

 

Maybe, but they'll only be out lawyer fees. Their customer agreement allows for trading restrictions at any time for any reason.

They have no chance at prevailing.