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ABMax24

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Short squeezing is nothing new. This one is getting a bunch of press due to the robinhood, reddit angle. Probably was some suits that started this whole thing.

Gme is nothing stock, but makes for good entertainment in the media.

That's right. But retail investment has grown immensely in the last 5 years, giving the average person the ability to take advantage of these situations.

I'm not saying this is going to make a large leap in fairness within the markets, but I, and many others are hopeful this will cause a small step in the right direction.
 

lilduke

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That's right. But retail investment has grown immensely in the last 5 years, giving the average person the ability to take advantage of these situations.

I'm not saying this is going to make a large leap in fairness within the markets, but I, and many others are hopeful this will cause a small step in the right direction.

Hopefully. That's one of the things I like about crypto.
Not as much regulation and harder to regulate.
Same thing with physical gold and silver.

Jp Morgan has manipulated the silver market for along time. Buying and Selling silver futures contracts on silver that doesnt exist!

But it's a huge market, so it will take a lot of $ to do anything

Long story short cause I gotta go, buy physical silver. Haha :beer:
 

jhurkot

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Short squeezing is nothing new. This one is getting a bunch of press due to the robinhood, reddit angle. Probably was some suits that started this whole thing. Looks like a pump and dump.

Gme is a nothing stock, but makes for good entertainment in the media.

GME has an army of retards behind it and the memes are amazing.
 

jhurkot

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Screen Shot 2021-01-30 at 3.52.05 PM.png
 

lilduke

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SP500 , Dow jones industrial average, the Nasdaq all trending down this last week of January. Sign of things to come in 2021 or can they inject some more money to keep the market on life support a while longer?

Could gme be the pin that pops the bubble?
 
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mclean

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Hopefully. That's one of the things I like about crypto.
Not as much regulation and harder to regulate.
Same thing with physical gold and silver.

Jp Morgan has manipulated the silver market for along time. Buying and Selling silver futures contracts on silver that doesnt exist!

But it's a huge market, so it will take a lot of $ to do anything

Long story short cause I gotta go, buy physical silver. Haha :beer:


I've had a friend that has been telling me to buy silver for 10 years now...where do I buy physical silver in Calgary haha
 

Truebro

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I've had a friend that has been telling me to buy silver for 10 years now...where do I buy physical silver in Calgary haha

Quarters- before 1968 they are full of silver-they are worth close to $5 each on the low side...different years different amounts of silver....after 1968 no more silver in them....
 

lilduke

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I've had a friend that has been telling me to buy silver for 10 years now...where do I buy physical silver in Calgary haha

If you really want some you could go to a bullion dealer, probably 5 or 10 different ones in Calgary, or you can order it from the bank. (Not all banks, I get it from CIBC) you could take delivery off the futures market. Or if you are brave, private sales(kijji ext) will get you the lowest price.
 
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lilduke

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Are baby boomers really into bonds? I dont know anybody that is into bonds. I think that is real old timer stuff, maybe if ur 90 and still have your war bonds Haha

I've heard municipal bonds can have a good return, but not really available to retail investors in Canada as far as I'm aware.
 

lilduke

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In other wall street bet news: Dogecoin (****ty Alt coin) is up 1000% in a day or 2! Haha
 
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lilduke

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Some are, my parents did at one time.

But most are invested in bonds through their "conservative portfolio" mutual funds.

That is true. Lots of people have them in mutual funds. When I hear bonds I always think of Chappelle show Wu Tang financial.

"You need to diversify your bonds nigga"
 

Rjjtcross8

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Are baby boomers really into bonds? I dont know anybody that is into bonds. I think that is real old timer stuff, maybe if ur 90 and still have your war bonds Haha
Lol, I remember around 20 years ago working in a restaurant as a teen, the owner always told me to buy bonds. The guy always carried a stress level of 8/10 and maintained a full ashtray in his office, needless to say I never followed his advice lol.
 

Truebro

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Are baby boomers really into bonds? I dont know anybody that is into bonds. I think that is real old timer stuff, maybe if ur 90 and still have your war bonds Haha

Bonds are still a thing. U can get 5-7% return per annum with very little risk. Most bonds are now traded through money managers...
 

lilduke

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Bonds are still a thing. U can get 5-7% return per annum with very little risk. Most bonds are now traded through money managers...

10 year US treasury bonds are paying like 1% right now lol
 
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