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I think you're right in that this narrative that silver has become "the latest target for a brigade of day-traders on Reddit" is disinformation. While there wer
by EForEndeavour 6y ago
I think you're right in that this narrative that silver has become "the latest target for a brigade of day-traders on Reddit" is disinformation. While there were a few posts in the past days promoting silver as the next memestock (the article links to https://old.reddit.com/r/wallstreetbets/comments/l71rdv/silver_biggest_short_squeeze_in_the_world_slv_25/ https://old.reddit.com/r/wallstreetbets/comments/l71rdv/silv...), a quick glance at https://old.reddit.com/r/wallstreetbets https://old.reddit.com/r/wallstreetbets confirms that the prevailing sentiment of that subreddit is that silver is a coordinated distraction.
Speaking of information, Wikipedia rates the New York Post as "generally unreliable for factual reporting especially with regard to politics, particularly New York City politics. A tabloid newspaper, editors criticise its lack of concern for fact-checking or corrections, including a number of examples of outright fabrication." https://en.wikipedia.org/wiki/Wikipedia:Reliable_sources/Perennial_sources#The_Nation https://en.wikipedia.org/wiki/Wikipedia:Reliable_sources/Per...
- Bedon292 6y agoAnd sure, New York Post isn't where I would typically get financial news from. However, most of the financial news sources had silver high on their page this morning. Its still the headline story on Bloomberg.