Member Info for Pedrobull

Also Robinhood sells it trades to Citadel (wonder who 212 use) so although the small guy feels powerful in group the reality is maybe something else - Nine investors, including large fund-running institutions like Fidelity FMR and BlackRock (BLK) plus some well-positioned individuals “Instantly Make $16 Billion On GameStop Stock 'Squeeze'”

https://twitter.com/NorthmanTrader/status/1355459228845174784

Hi bonker99,

So those 10 Britannica coins are approx £29.64 delivered and Silver at $27 is ~£20 per ounce.

I have been buying the ETC SSLN will this not survive a serious squeeze?

The iShares Physical Silver ETC seeks to track the day-to-day movement of the price of silver, less fees, by holding silver bullion. The silver bullion backs the securities issued and is valued daily at the London fix price. The silver bullion is held as allocated silver bars with the custodian, JPMorgan (and/or its sub-custodian).

I bought into Hochshild following the Twitter tip and the SLV squeeze and up about almost 10% today!
At the same time I took a punt on Fresnillo (which in the back of my mind is/was the worlds largest silver miner?) and that's only up ~2%

AGAINST all 4 for holding 100K

cheers LimpingAlong, I need to take the dog a long walk I reckon!
Been watching this since 8am

GRASS IS NOT GREENER

The constant US friends/cousins what they paid, what they will pay, watch it rocket etc is almost always a damp squib...

I bought 1st thing this morning, I'd never heard of Hochschild until I saw a tweet yesterday by Thee Duke, thanks Mark!

The Silver squeeze if successful will break 30 then head to 50 in short order I think, I have spent years reading Jesse Cafe Americain website which tracks the two PMs.

#buylongstayhappy

£77K for a Tesla Model S & £63K for a Mercedes S Class, but hell yeah I'll get both

#buylongstayhappy

If Elon wants some BTC I know a miner he could buy for what lets say a spare 2 or £3Bn

#buylongstayhappy

not only did Elon add #bitcoin to his profile

THAT IS ALL THATS ON HIS PROFILE NOW

You absolute dancer!

Pheobus - KryptoKnight Blockchain - Love it

I bought at the top 51p and just added more at 40p

Blonity and Thee Duke buying and sharing Twitter got me into this.

#Buylongstayhappy

Sorry Phoebus, okay Halifax is a Bank. I used to have a mortgage with them from a branch in Morningside (posh part of Edinburgh) and got shares when they demutualised so did have known that. I suppose my point was derogatory based on where they came from so apologies. A further question I would raise is why use a bank for investments & share dealing.

I use HL and at 20 plus trades a month its £5.95 per deal with no other charges in the dealing account or 0.45% Max £45 in ISA. Ive never thought about the free dealing shops but might have a look

Halifax is part of Lloyds Bank yes BUT ITS A BUILDING SOCIETY FFS!
Bank of Scotland bought Halifax when it failed to buy Natwest (Which RBS bought)
The Halifax deal screwed BoS. In 2008 when everything melted BoS got pushed into Lloyds

why would you trade with a Building Society FFS?

Apologies but you should check these out didnt know where else to post this
Reddit - Wallstreetbets and Twitter attack on short sellers

Gamestop is up 155% in pre-market
AMC up 338%

Both near bankrupt
I phoned HL to buy PUT options but they dont do them

Bobot - this resonates with me also - "As well as the Youtuuube krrap showing people with Sunglasses syaing Argo might be $2 - $3 next month and all that."

The Argo twitter has also starting ramping and liking these videos....

I'd not be happy as a MARA shareholder with that strategy but very happy in ARB.

I'm not sure 50K in 4 weeks, I'm ready for sitting out a frustrating 9 months, pregnant pause if you like before a year end run.
Obviously I know nothing but my 30+ years of watching markets leads me to think nothing goes straight line etc and Tesla other NASDAQ stuff is defying gravity. If that takes a hit I think BTC would get hit in the sell off.

So in round numbers 42K was stage 1, stage2 something like BTC low 20K with lots of frustration and message board ramblings until it goes quiet with ARB at 35p, then stage 3 is 60K+ maybe 100K. Then stage 4 another drop before stage 5 to 300K+

Buylongstayhappy

so here is the key text for me -

As a miner, Marathon is currently producing up to two bitcoins per day but is now looking to expand with the purchase of 103,000 advanced S19 bitcoin miners from Bitmain. Okamoto said the miners are expected to be delivered and fully installed by the end of the first quarter of 2022.

“If all miners were operational today, based on the bitcoin network’s current difficulty rate, we would produce approximately 55 to 60 bitcoins per day,” he stated. “However, by leveraging our cash on hand to invest in bitcoin now, we have transformed our potential to be a pure-play investment into a reality.”

Argo are already producing more BTC than Marathon yet valued the Nasdaq listed stock is worth circa $2Bn compared to what Argo Blockchain valued around £275M or $400M

Google this to read - Marathon Buys $150 Million Of Bitcoin - The supply of bitcoin continues to dry up as Marathon Patent Group Inc., one of the largest Bitcoin mining companies based in North America, announced its purchase of 4,812.66 BTC at an aggregate price of $150 million, per a release.