
Sign up to save your podcasts
Or


Last week, WallStreetBets demonstrated the power of individual investors. The price of GameStop ($GME) jumped more than 1000% at one point, causing massive losses for hedge fund short sellers. It also triggered brokerages like Robinhood to limit their customers' ability to buy GameStop and several other stocks. That didn't go over well. The WSB crowd has several new targets in their sights, including one the brokerages have less ability to control: silver. In the past 3 trading days, WallStreetBetters and a slew of individual investors have pushed the price of silver up more than 15%. We talked about it on Thursday. Today on Dumb Money, we'll reveal our $2 million bet on silver.
Originally live Feb 2, 2021
By Dumb Money4.7
110110 ratings
Last week, WallStreetBets demonstrated the power of individual investors. The price of GameStop ($GME) jumped more than 1000% at one point, causing massive losses for hedge fund short sellers. It also triggered brokerages like Robinhood to limit their customers' ability to buy GameStop and several other stocks. That didn't go over well. The WSB crowd has several new targets in their sights, including one the brokerages have less ability to control: silver. In the past 3 trading days, WallStreetBetters and a slew of individual investors have pushed the price of silver up more than 15%. We talked about it on Thursday. Today on Dumb Money, we'll reveal our $2 million bet on silver.
Originally live Feb 2, 2021

3,358 Listeners

1,987 Listeners

398 Listeners

1,839 Listeners

2,158 Listeners

358 Listeners

10,240 Listeners

786 Listeners

444 Listeners

128 Listeners

277 Listeners

601 Listeners

474 Listeners

31 Listeners

82 Listeners