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The SILVER SHORT SQUEEZE! | What is SLV and How Can You Make Bank??| Reddit Wallstreetbets takeover!

987 views· 100 likes· 13:33· Feb 1, 2021

Wallstreetbets on reddit is at it again! But this time we are focusing on precious metals. Specifically SLV and PSLV and what you might have heard as the "silver squeeze." I will discuss the basics of investing in silver. Why the peeps at Wallstreetbets are targeting SLV and what they want as the outcome and most importantly how YOU can get involved if you are looking for profits! This silver short squeeze is something similar to the gamestop situation we saw towards the end of January where the retail investor is taking a stab at moving the market and driving up the price in targeted assets. The idea is to drive the price of silver up which would also drive the price up on the physical silver, then demand physical delivery, which would leave the big guys like JP Morgan in a crunch because they would need to deliver the physical silver to those who are requesting it but they don't have the actual supply on hand to do so. Big precious metal retailers like apmex and SD bullion closed their doors and temporarily halted selling silver. When the markets opened up, the silver prices had increased dramatically and I expect to see some more volatility in the spot price of silver as we enter this week. I personally added some more silver bullion to my portfolio in it's PHYSICAL form because I am a firm believer in tangible assets but I also discuss the potential profits in investing in $SLV based on the inflation adjusted price for silver and some other factors so be sure to watch until the end! Reddit has been on a role lately! First they created a huge interest in gamestop, to the point where the news was talking about it. Now they seem to have influenced a nation-wide silver shortage because of the hype on SLV. This will be an interesting month to say the least! Happy BLACK HISTORY MONTH!! See below for how you can support your favorite black YouTuber 💰💰 if you have any requests for what videos you would like to see e-mail me! See below for e-mail address Instagram: @thecashcompass Business e-mail: thecashcompass@gmail.com For donations: PO Box 814954 Hollywood, FL 33081 Cashapp: $KrystalTodd Venmo: @KrystalTodd My Youtube Set up: www.amazon.com/shop/thecashcompass *Please be sure to do your own due diligence before making ANY financial decisions. On my channel I share with you my research but please verify everything for yourself! I do not give investment advice, just share my thoughts any my choices!* *Some of the links on this page are affiliate links, meaning, I may earn a commission if you click through and make a purchase, at absolutely no cost to you. Affiliate commissions help keep my channel going so thanks for your support!*

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