The GME saga has gone for too long. Jan. 29th saw Robinhood and co. go to desperate measures to prevent irreparable damage to the market. - The puny market pump for Big Tech ER is almost over. Nothing can hold it up anymore. - 70 billion has been lost by short institutions, and they are long positions to cover their short position - The short interest remains over 130%, if the data is to be believed. It is possible that that it is in actuality much higher. Shareholders now own over 100% of the company's shares. The extend of fake shares existing for naked shorting is unknown. - Silver is the next target on the chopping block for short squeezers. Major banks, direct arms of the Federal Reserve, are at risk of liquidation on their short positions. - Prepare for volatile times.
Current Silver Squeeze (Jan.28 Idea):
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Factors I am watching for Market Crash:
- Economic growth failture - Housing market - COVID recovery (causing assets to liquidated for real capital) - Changes in monetary policy - Widespread corporate fraud - Public participation of new investors in over-leveraged risk speculation, exuberance, extreme greed - Lack of liquidity - Inevitable rising interest rates and QE stop
They will tell you it's alright until the very end. By the time you know, it will be too late.
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