Plans to short-squeeze silver to never before seen prices circulated on Reddit. Peter Hug, Global Trading Director of Kitco News, evaluates what it would take, hypothetically, for these plans to come to fruition.Peter Hug has been involved in precious metals since 1974. He began gaining first-hand investment industry experience at Deak-Perera. He served as SVP at Guardian Trust Company, which beca...Read More
?>>?An epic David-vs-Goliath battle has erupted on Wall Street.And it may just change the future of investing, helping to tilt the playing field away from the huge unfair advantage the banking cartel has enjoyed for decades.In case you've been sleeping under a rock for the past week: millions of individual investors have banded together using Reddit chat boards, Twitter and other forms of social m...Read More
The GameStop-Robinhood saga went truly 'viral', even resulting in a demonstration outside NYSE earlier today. Max Keiser tells RT that the small investors' efforts should be praised for exposing big Wall Street traders' questionable practices.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance an...Read More
Harry rant's on the over controlling central banks have created a debt monster and they keep doubling down, recent war on Game Stop stock proves speculation over productive investments and only one way this can end.Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identi...Read More
1. Gamestop (GME) & AMC Entertainment (AMC) are the talk of the town right now. Yesterday, the popular brokerage firm, Robinhood, restricted trading in GME, AMC and a bunch of other highly shorted stocks. This news caused a major drop in GME stock yesterday. Then before the closing bell yesterday, Robinhood announced that they would allow GME and others to trade again. Earnings from FB, Apple, etc...Read More
Magna Gold Corp.'s CEO Arturo Bonillas issued a letter to shareholders outlining the firm's business and financial accomplishments in 2020 and its strategy and outlook for 2021. In a news release, President and CEO Arturo Bonillas of Magna Gold Corp. (MGR:TSX.V; MGLQF:OTCQB) issued a letter to the company's shareholders summarizing the firm's operational and financial activities in 2020 and its p...Read More
Cabral Gold's channel samples at the JM target provide "further evidence that numerous high-grade veins occur within the Cui? Cui? district." In a news release, Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTCMKTS) reported surface sampling results from drilling operations at its Jerimum Meio (JM) target located within the Cui? Cui? gold district in northern Brazil. The firm additionally provided a status...Read More
Peter Krauth, the editor of Gold Resource Investor, traces previous gold bull markets and lays out what he believes is in store for the current one.If we want to make intelligent forecasts and decisions about our future, we need to understand not only where we are today, but also how we got here. So, let's look at previous gold bull markets for some insight on what we might expect from this one.Go...Read More
A new sheriff is in in town, and he’s making some rearrangements. Will the new order of things support the price of gold?What a blitzkrieg! Joe Biden certainly wastes no time in signing executive orders. Since inauguration, he introduced several policies, including mandating masks on federal property, in airports and on certain public transportation, and the end of a travel bank on some coun...Read More
Spread the lovePRIVATE BLOG - Silver/Gold Ratio & Danger of RedditPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
Everyone in the silver world is wondering if the Reddit WallStreetBets group might be able to put a squeeze on the silver market. To find out what silver expert Dave Kranzler thinks, click to watch the video now!Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors...Read More
The surge is shares of GameStop and moves Thursday by retail brokerages like Robinhood to restrict trading as a result is dominating the headlines this week. Both Interactive Brokers and Robinhood are planning to ease trading curbs Friday. This comes after Robinhood said Thursday it was raising more than a billion dollars from existing investors. It also drew at least $500 million on a line of cre...Read More
All four major market indexes end the week down.So goes January, so goes the year ... so buckle up!Hedge funds continue to take it in the shorts.First Majestic Silver gets targeted.Robinhood limits stock trading and puts halt on instant crypto buying.The establishment does NOT want you to buy physical silver.The establishment LOVES Bitcoin.Elon Musk plays with his Twitter followers like puppets.Pe...Read More
Can our new friends continue this momentum into next week and, if they do, what might be some targets to watch?Continue...Read More
No matter how things end up, there are two lessons to take away from all this:Retail investors are a serious force for change in the investment industry.Continue...Read More
Today, we turn to Casey Research founder Doug Casey. He shares his take on the "riot"... and why the Washington elite won't let this "manufactured" crisis go to waste...Continue...Read More
New data showing that two COVID-19 vaccines are much less effective in South Africa than in other countries they were tested have increased fears that the Continue...Read More
It didn't take long for the Biden administration to begin putting the brakes on Trump's previously ordered troop draw downs which occurred in the last two months of his presidency, particularly in Germany, Iraq, and Afghanistan.Continue...Read More
With short squeezes going on in the stock market, that have now spread to the silver market, the first reports are in.And the SLV trust is reporting that 37 million ounces were added in just one single day on Friday! !Keep in mind that there are other silver trusts that likely added metal as well, and it seems like the Reddit WallStreetBets crowd certainly made an impact today!Read More
Bitcoin, or as I like to call it BitCON or Continue...Read More