Short Squeeze, Reddit, GameStop And Now Silver??

Discussion in 'Bullion Investing' started by fretboard, Jan 29, 2021.

  1. fretboard

    fretboard Defender of Old Coinage!

    Just a video about short squeezing silver. Is it even possible?? :D Why not gold?

     
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  3. silver is supposed to go up to $1000 an ounce!
     
  4. Kevin wu

    Kevin wu Well-Known Member

    Silver is much smaller to do , gold are too biggggg.
     
  5. Matthew Kruse

    Matthew Kruse Young Numismatist

    I'd just like to point out that Kitco is a business that buys and sells precious metals so of course they will keep on talking about how they think silver is going to go up because that means more business for them.
     
    masterswimmer and midas1 like this.
  6. ToughCOINS

    ToughCOINS Dealer Member Moderator

    No, not exactly . . . If anything, the US Dollar is headed to 1000 per ounce of silver.
     
  7. fretboard

    fretboard Defender of Old Coinage!

    No price change so far, maybe in a few days! :D
     
  8. Danr

    Danr Numismatist

    Physical is about 40 and Apmex and JMB are out
     
  9. fretboard

    fretboard Defender of Old Coinage!

    No surprise that many youtubers are going live to pump up the hype! :D Feel free to comment, here or there! :cigar:

     
  10. crazyd

    crazyd Well-Known Member

    If it goes to $1000 an oz - that is if I can find a dealer willing to BUY my coin for $1000 - I am paying off the rest of my mortgage;)

    However if I was a dealer I would enjoy the normal huge markups I made selling out my inventory, buy nothing now, and wait for the crash back down.
     
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