Trending Articles:
Is âThe Reddit Armyâ On The Verge Of Creating The Most Epic Silver Short Squeeze In U.S. History?
Published: February 1, 2021
In all of the years that I have written about precious metals, I have never seen anything like this. The corporate media is breathlessly reporting that “the Reddit Army” plans to do to silver what it did to GameStop, and this has caused a frenzy of buying and a severe shortage of physical silver at dealers all across the United States. If things are this crazy already, what is going to happen when the short squeeze actually begins? For now, “the Reddit Army” is still primarily focused on GameStop and other stocks that major hedge funds have been relentlessly short selling, and in recent days members of that army have actually been purchasing billboard ads to celebrate their success…
In all of the years that I have written about precious metals, I have never seen anything like this. The corporate media is breathlessly reporting that “the Reddit Army” plans to do to silver what it did to GameStop, and this has caused a frenzy of buying and a severe shortage of physical silver at dealers all across the United States. If things are this crazy already, what is going to happen when the short squeeze actually begins? For now, “the Reddit Army” is still primarily focused on GameStop and other stocks that major hedge funds have been relentlessly short selling, and in recent days members of that army have actually been purchasing billboard ads to celebrate their success…
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Written by Darien Library
The New Great Depression with James Rickards and Rob Embers
Darien Library and Barrett Bookstore welcome author James Rickards and Rob Embers in a discussion about the historic economic crisis that has emerged as a result of the COVID-19 pandemic. This virtual event will take place on Thursday, February 4 at 7 p.m. Register on Darien Library’s website at darienlibrary.org/event/4803.
In his latest book, The New Great Depression, James Rickards pulls back the curtain to reveal the true risks to our financial system and what savvy investors can do to survive even prosper during a time of unrivaled turbulence. Drawing on historical case studies, monetary theory, and behind-the-scenes access to the halls of power, Rickards will shine a clarifying light on the events taking place so investors understand what’s really happening and what they can do about it.
What Can We Expect After the Pandemic?
Credit.John Gall
By Grace Blakeley
112 pp. Verso. Paper, $14.95.
The chasm between just how well some have thrived economically during the pandemic and just how badly others have fared is among the more startling results of this
annus horribilis. But where some see the disease as upending some industries (travel and restaurants) and boosting others (home entertainment and technology), Blakeley, an English writer, Labour Party activist and leftist theorist, sees the have and have-not divide as the latest and perhaps most egregious chapter of the sad story of capitalism.
For Blakeley, the response to Covid is twined with the great financial crisis of 2008-9: Then, states bailed out the financial industry; now, the state is bailing out all industry to maintain the system of “monopoly capitalism.” While she acknowledges that no government could just let the system collapse, she excoriates the way that officials have become handmaidens to