Our $2M Bet on Silver! episode artwork

EPISODE · Feb 17, 2021 · 1H 11M

Our $2M Bet on Silver!

from Dumb Money Live · host Dumb Money

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

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

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Our $2M Bet on Silver!

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This episode was published on February 17, 2021.

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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...

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