Post by
psych01 on Feb 03, 2021 2:28pm
Re:RE:RE:$1000/ounce silver?
Agree with you once in a while if that's ok. Some pundits say that the Reddit phenomenon is a flash in the pan, squeezing the big guys. Not going away imho. Maybe not exactly the same strategy, but more people than ever before are becoming knowledgeable about how the billionaire hedge funds run the financial world. How many people now know that they can sit at home and click for money, and what more the broker will actually lend you money--think it's called a margin or something. Or, if you have a line of credit why not use that. There's going to be carnage. But there's also going to be a democratization of the stock markets, more places like Reddit where bands of crazed youth will conspire to put it to the man. Maybe they'll see that OGC is nefariously shorted and come to our rescue. Anyway, Esther---wrong, we're heavily shorted. IMO
Comment by
Esther1 on Feb 03, 2021 6:23pm
Thanks for the TA perspective Aurum1983. The rise in prices of preferred share rate resets also indicates the market is leaning towards reflation trade.
Comment by
clubhouse19 on Feb 04, 2021 7:38am
Just goes to show how well your TA is working for you. Insanity...doing the same over and over I guess even you shud know the rest. ESTHER shud check her facts rather than remain ignorant.