Silver Spikes Past $30 as Retail Investors Swarm Biggest Target. Rally follows jump in demand over weekend for bars and coins. The momentum rests with smaller investors right now.

submitted by christnmusicreleases from (bloomberg.com)

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[–]Tom_Bombadil 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

Cornering the silver market would actually be sustainable and make sense, so I can't imagine the masses of moronic scum ever doing this.

Why do you feel silver is better than Bitcoin? Switzerland has authorized their banks to hold Bitcoin as a reserve currency.

The banksters aren't fools.

[–]fschmidt 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

https://www.youtube.com/watch?v=d6yqrwOZVjY

https://www.youtube.com/watch?v=FnKrMKo_WlU

We live in an idiocracy where almost everyone alive is a fool. Buffett isn't a fool and McAfee occasionally makes sense.

[–]Tom_Bombadil 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Buffet just sold the majority of his wells fargo banking investment. He bought gold mining.

He's always claimed to hate gold.

Warren Buffett sold all Goldman Sachs shares last quarter as Berkshire Hathaway cuts holding in bank - Aug 15, 2020

Buffet is an inside trader, and senior cultist.

He knows the globalists long term plans.

McAfee is a legit genius, and a suspected cultist, but he refuses to take orders (that's my assessment).

I haven't had a chance to look at those videos, but here's a more comprehensive take on the future .

https://saidit.net/s/corruption/comments/7ai0/the_real_reason_wall_street_is_terrified_of_the/rkzp

[–]fschmidt 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Buffett has always hated precious metals as a long term investment, and I agree with him. But Buffett did own silver in the past when it was undervalued. Today the silver market could be cornered and driven much higher, but this won't happen because the wallstreetbets people are morons.

Of course Buffett is part of the elite. So what?