RE: Is it worth ramping30 Jan 2021 08:19
From the point of view that I'd love to have UFO's SP "on the moon", yes, sure. From the point as to why the WSB bunch wants to short-squeeze silver, it would be missing the point entirely. The underlying idea is that silver is extremely heavily sorted by the various hedge funds, banks and (no disrespect to the WSB subreddit) other bogeyman(s//bogeymen? :D). Also that silver's price is being held low by said entities therefore if they could push the silver up to the $50-75 range as they'd like that would cause some carnage for the shorters, which has little to do with the miners directly. Hence suggesting they invest in mining companies, however great they may be is unlikely to happen.