Comments on: Stealing from the poor to give to the rich https://didacticmind.com/2021/02/stealing-from-the-poor-to-give-to-the-rich.html Strategic Defence of the Mantle of Responsibility Fri, 05 Feb 2021 05:32:49 +0000 hourly 1 https://wordpress.org/?v=7.1 By: Post Alley Crackpot https://didacticmind.com/2021/02/stealing-from-the-poor-to-give-to-the-rich.html#comment-5409 Fri, 05 Feb 2021 05:32:49 +0000 https://didacticmind.com/?p=10493#comment-5409 “If you have not already signed up for that list …”

Might be nice, but I’m a part of your audience that interacts with the Internet in a way consistent with a drive-by shooting.

Additional memes may or may not be taped together on the sides of the primary meme, but we always roll fully loaded.

We’re also more fun at parties.

But do keep us Internet drive-by shooter types in mind. 🙂

I do have to say this: I FUCKING LOVE YOU REDDIT TARDS

$GME? WE LIKE THIS STONK

XAGUSD=x? WE LIKE THIS METAL

It’s affecting industrial silver which is now also selling out.

Looked at one kilo jars of .9999 fine industrial silver shot lately?

Maybe 10 troy ounce silver rounds are available? NOPE NOPE NOPE!

1000 troy ounce COMEX ingots? Forget about those too, metalfag.

So will the UK have to un-ban antibiotics when they run out of silver Elastoplasts?

WE LIKE THESE PLASTERS

As for any Yank Bank Wanks who want to try FDR-style silver confiscations, I’ve just noticed that American silver dimes fit nicely down the barrel of a 12 gauge shotgun …

COME AND TAKE IT

But we also still have plenty of the FDR POZBUX fiat variety as well … so many choices!

Maybe this drive-by shooting metaphor is appropriate after all. 🙂

]]> By: Dire Badger https://didacticmind.com/2021/02/stealing-from-the-poor-to-give-to-the-rich.html#comment-5340 Wed, 03 Feb 2021 03:02:06 +0000 https://didacticmind.com/?p=10493#comment-5340 There’s a lovely old saying about the internet, but it has been true for the entire existence of the human race.

If you do not pay for the product, or you cannot identify the product, you ARE the product.

]]> By: furor kek tonicus https://didacticmind.com/2021/02/stealing-from-the-poor-to-give-to-the-rich.html#comment-5339 Wed, 03 Feb 2021 00:33:59 +0000 https://didacticmind.com/?p=10493#comment-5339 “Robinhood stopped individual investors from selling their shares – while permitting hedge funds to do so.”
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probably an oversight but that’s almost perfectly backwards.
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Robinhood banned purchases of Gamestop ( and various other stonks ) but still “allowed” sales of positions. i even saw various reports that Robinhood was liquidating existing holdings without permission from the account holders. both of these actions provide major downward pressure on the stock price, which benefits the hedgies.
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further, it’s an actual crime to Short more shares than exist for a particular stock ( called Naked Shorting ), has been since something like 2010. of course, the SEC has no interest in investigating the actual previously convicted criminal who created this illegal Short Squeeze opportunity, the Xoe Biden SEC wants to come down on the retail buyers who nailed the hedgies to the wall for their crimes.
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ps –
a “hedge” is a technical term for a loss mitigation strategy placed to minimize risk on a speculative position you’ve chosen to take.
https://www.investopedia.com/terms/h/hedge.asp
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a “hedge fund” is SUPPOSED to be a highly sophisticated investing entity, exceptionally skilled at finding risk mitigation positions.
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and the irony is that Melvin blew up because THEY FAILED TO HEDGE THEIR GAMESTOP POSITION …

]]> By: MrUNIVAC https://didacticmind.com/2021/02/stealing-from-the-poor-to-give-to-the-rich.html#comment-5334 Tue, 02 Feb 2021 20:21:02 +0000 https://didacticmind.com/?p=10493#comment-5334 The /WallStreetBets guy made a fundamental mistake:

1) If the rules no longer benefit The System, The System will just change the rules.
2) If you think you can use The System’s rules to bring The System down, see rule #1.

Don’t get me wrong, I love what they’re doing and wish I had gotten in on it, but frankly I feel like we’re never going to see any real change until our “elites” no longer feel safe walking the streets. That to me explains the massive crackdown in the wake of the Capitol riot. The peasants showed up at the lord’s castle this time instead of just burning down other peasants’ businesses.

]]> By: Bardelys the Magnificent https://didacticmind.com/2021/02/stealing-from-the-poor-to-give-to-the-rich.html#comment-5331 Tue, 02 Feb 2021 17:11:06 +0000 https://didacticmind.com/?p=10493#comment-5331 I have read that the crux of the kerfuffle was not only did the hedge funds short more than 100% of the available stock, but retail investors had BOUGHT more than 100% of the available stock. Quantative stock trading, basically. If those guys can essentially print stock like they do money, then WS is much more of a casino than we previously imagined, and they had to shut it down to avoid the chaos.

Our elite are anything but. Welcome to the Thunderdome.

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