False flags have been very useful strategies throughout history, so their existence is not a conspiracy. See Germany's invasion of Poland. There are now calls for more censorship of social media and regulations to "protect" the market. Of course, Robinhood is the bad guy as well after being asked to stop trading. It was one of the few avenues for retail investors, but will be blamed for their response. Watch for regulation to restrict little people's trading. At this point in history, I would say the belief that the little people coordinated these squeezes is the bigger, and far more outlandish, conspiracy theory. See who gains the most and you will find the responsible party.
Well if it gets to around $30 I'm going to sell some silver and possibly upgrade from a quarter eagle to a half eagle.
Help me to understand. If JP Morgan benefits because an army of small investors realizes a small market can forced up a rope without support, something should be done to JP Morgan, or their stockholders? I will say this, laws/regulations need to be enacted to avoid this kind of activity. Market manipulation is not a desirable activity, no matter who/what causes it
My thought process is that JP Morgan has the largest share of global physical silver, silver is used in solar, the run on silver has little people jumping on it at $29/$30 who will probably hold longterm hoping it goes up, Biden and Congress enact sustainable energy requirements, silver in demand and someone wins big. Robinhood was messing up the market because little investors gamble less and invest in things they believe in. I believe it was causing problems for Wall Street because they couldn't crash the market on cue. Now, people are jumping ship and they are being sued. Problem eliminated. The timing one week after inauguration makes me wonder. Depending on your politics, you may see things differently.
The difference between spot market price and the price/availability for a minted coin of silver never seemed more interesting.
Interesting theory. Myself, I’m not blaming Jamie Dimon for positioning his company to improve profits. And to suggest that JPM is in concert with millions of mini investors is well...a conspiracy theory
The ‘spot’ price that we trade silver at is based on the futures market. The ‘Merrymen’ as Jim Cramer dubbed them, seemed to find our beloved metal easily manipulated. sad in a way, glad in another. I got some tulips to sell. What am I bid?
All I know is it's an exciting time for silver, my politics never get into my PM holdings at all. I also don't believe in conspiracies at all, I don't have time for it or the outgoing administration!
Nobody "believes in" GME. They believe that there will be a greater fool to buy it at an even higher price. And so far, they've been right.