π΄ Major Bank Gets CRUSHED Shorting SILVER As Price Breaks $90
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Top Comments (10)
600K loss BOO HOO They probably MADE Billions over the decades from shorting.
Silver is not overbought the paper dollar is over printed.
Ed Steer: Bonfire of the Shorts
$600k is pocket change for banks though
600k is probably a stop loss for them. They more than likely had a long position too. The short was a hedge
Something can be overbought only if itβs in abundance.
Sound is a bit muffled tbh.
600k is less than pocket change for these institutions though
What I don't understand is why TDS went public with their trade in the first place, even telling us about their stop! Unbelievable.
Institutional investors need to understand most people didn't buy silver and gold as an investment, so shorting it is stupid
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Top Comments (10)
600K loss BOO HOO They probably MADE Billions over the decades from shorting.
Silver is not overbought the paper dollar is over printed.
Ed Steer: Bonfire of the Shorts
$600k is pocket change for banks though
600k is probably a stop loss for them. They more than likely had a long position too. The short was a hedge
Something can be overbought only if itβs in abundance.
Sound is a bit muffled tbh.
600k is less than pocket change for these institutions though
What I don't understand is why TDS went public with their trade in the first place, even telling us about their stop! Unbelievable.
Institutional investors need to understand most people didn't buy silver and gold as an investment, so shorting it is stupid