• TankieTanuki [he/him]
    ·
    edit-2
    4 years ago

    I’ve been studying precious metals for several decades now.

    He's studied the [silver] blade.

  • ssjmarx [he/him]
    ·
    4 years ago

    Silver isn't back. It was a propaganda ploy to try and get Redditors to pump something that melvin capital owned a bunch of.

    spoiler

    GME BB AMC 🚀🚀🚀🚀🌙 🌙 🌙 🌙

    • penguin_von_doom [she/her]
      ·
      edit-2
      4 years ago

      It was such a beautiful ploy, an absolutely textbook attempt at manufacturing consent. Just look at it, the media reported that r*dittors and retain investors were already buying silver en masse. They created a narrative that this is just a wild crowd, without direction, that jumps from one thing or the other, both to discredit the entire thing, to make it seem like they are just random, incompetent actors, that are not doing a directed thing, and also to try to make the entire silver thing happen. If you noticed in the media there is also the narrative, that these evil redditors are hurting the common people and tricking them into playing along, so a lot of them will sadly get burned (and probably is the case to be fair, but from the sentiment I see, people are fine with that). So it seems like a division tactic - the normal person, the one who is responsible, but is ignorant about this complex financial thing, is different from the incompetent and random, but malicious "redditor".

      I think even them choosing silver reveals a little about the thinking here. Silver has long been used to dupe people into investing in it for losses, and has long been associated with right wing wackos as well. And there have been comparisons between the Capitol Storm and this. So, maybe there is also an effort to paint the crowd as a right wing mob as well...