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Drcm 6 points ago +6 / -0

which is why investing precious metal certificate always seemed retarded to me.

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Stko 1 point ago +2 / -1

Money is just a credit note too

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Drcm 3 points ago +3 / -0

if you are going to invest in precious metals, invest in the physical material.

if you are investing in credit note representing something intangible, such as dollars, bonds or crypto, dont try to argue that you are investing in something real.

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nc777 5 points ago +5 / -0

This post describes how JPM shorts SLV after inflows to keep the price down.
"the shorts are the (SLV) ETFs"
That statement should read like 'the killer is inside the house'; the shorts are the ETFs...
The original post got removed, hm... https://web.archive.org/web/20210324141812/https://www.reddit.com/r/Vitards/comments/mc6sj9/slv_is_a_complete_scam_its_a_scalp_trade_set_up/
Metals desk a criminal enterprise:
https://www.bloomberg.com/news/articles/2019-09-16/jpmorgan-s-metals-desk-was-a-criminal-enterprise-u-s-says

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KekistanPM 3 points ago +3 / -0

Time to trade in your precious metal certificates for the real thing. When they hit the breaking point, sue them and watch them squirm.

They probably already have plans on how to deal with this scenario...but they won't like the light being shined on them.

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koavf 2 points ago +2 / -0

Their plan is probably a nice class action settlement that gives everyone a heaping sum of eleven dollars

but advertised as a "billion dollar settlement"

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Poopybuttboy 2 points ago +2 / -0

If crypto didnt exist there would be so much demand for metal right now this manipulation would implode and banks would be destroyed. There is a reason bitcoin marketing changed from "currency for exchange" to "digital gold" leading up to the reset

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CnnWillBlackmailYou 2 points ago +2 / -0

This is why when I invest in metals, I buy the physical fucking metal. Sooner than later, this is all going to collapse. And you thought the great depression was bad? Wait till this house of cards comes down.