[Petrochemicals (OP)]

Considering that a bunch of amateurs have made a fortune from share trading on "Gamestop" shares via Internet forums, is it revealed that the reptile conspiracy of the upper classes perpetuation has always been facilitated via opportunity that only they had access to up until now?

Have the rich been funding themselves by ripping off the poor for centuries that they only had access too, and is it over now?

[Jolly2]

Considering that a bunch of amateurs have made a fortune from share trading on "Gamestop" shares via Internet forums, is it revealed that the reptile conspiracy of the upper classes perpetuation has always been facilitated via opportunity that only they had access to up until now?

This is a culmination of forces, the internet has allowed chat rooms to organise and the possibility for smaller members of the public to trade. The lock downs have got people on the internet with cash not spent going out to be invested they also have more time to research. That's one side. The other is these people are annoyed about the 2008 crash and are also annoyed about the repeated socialism for the rich,  where failures of the wealthy are paid for by the public while their profits are kept, they pay hardly any tax yet benefit the most from government protection. This has led to a lot of anger and its justified.

On top of that hedge funds have for decades now been shorting companies and driving their stock to 0 so they can buy them cheep destroy them and then sell off the pieces for huge profits. Those actions have gutted the first worlds manufacturing and lost millions of jobs to the economy. That combined with corporations shipping jobs off to Asia simply to save on labour costs had also compounded the effect on wages across the first world, effectively wages have not risen in the west since Thatcher and Reagan started this neoliberal agenda.

Corporations are profiting from wars yet paying none of the costs.

With that backdrop, people noticed the hedge funds were targeting GAME STOP with a few other companies for destruction.  And decided to save them. There is also the point of the lock downs destroying main street business' and companies like Amazon profiting from that.

So this action was a defense of high street shops and a way to claw back some money from people that have spent decades profiting from destroying the economy.

These companies are not producing anything they are not adding to the economy.

Have the rich been funding themselves by ripping off the poor for centuries that they only had access too, and is it over now?

Not over this is a game changer.  The elites wont just sit back and do nothing they have already been, using their media to claim these groups are like domestic terrorists or racist. They are currently claiming falsely that the wall street bets crowd are now buying silver which is a lie they are not.
They used hate speech as a justification to close the chat rooms Robinhood the trading app, refused to allow its users to buy anymore stock and only allowed them to sell, after the stock price crashed and the hedge funds got out of their short positions,  trading on Robin hood was allowed but people were only allowed to buy one share. The chat rooms are now back working.

If anyone deserves the title domestic terrorist its the hedge funds and banks Max Keiser has been calling them domestic terrorists for years.

If anyone does decide to buy silver they should only accept physical delivery, never paper.

[alancalverd]

Not sure that anyone has made a fortune on Gamestop apart from the guys who started the small-investor pyramid, buying in at a low price and persuading others to jack the price up by buying more. The ostensible "good cause" was to prevent hedge funds shorting the stock and making a profit when the company finally collapsed. Once the ball started rolling, I think we can safely assume that at least some of the hedge holders actually sold their shares to the small conspirators and thus walked away with a small profit, leaving the later amateurs holding 10c stock for which they had paid $20 in order to "stick it to the man".   

[Jolly2]

Not sure that anyone has made a fortune on Gamestop apart from the guys who started the small-investor pyramid, buying in at a low price and persuading others to jack the price up by buying more. The ostensible "good cause" was to prevent hedge funds shorting the stock and making a profit when the company finally collapsed. Once the ball started rolling, I think we can safely assume that at least some of the hedge holders actually sold their shares to the small conspirators and thus walked away with a small profit, leaving the later amateurs holding 10c stock for which they had paid $20 in order to "stick it to the man".   

The hege funds lost about 70 billion.  I heard one guy made about 20 million. One hedge fund lost half their capital.

And apparently some of the money made is actually being invested in local communities.

STUDENT donates gains from game stop to sick kids
https://nypost.com/2021/01/31/student-uses-gamestop-gains-to-donate-video-games-to-sick-kids/

He concluded that using his money for good is the best way to ensure he doesn’t become “a man in a suit.”

[Jolly2]

What happened with game stop according to wallstreet

[Petrochemicals (OP)]

Considering that a bunch of amateurs have made a fortune from share trading on "Gamestop" shares via Internet forums, is it revealed that the reptile conspiracy of the upper classes perpetuation has always been facilitated via opportunity that only they had access to up until now?

This is a culmination of forces, the internet has allowed chat rooms to organise and the possibility for smaller members of the public to trade. The lock downs have got people on the internet with cash not spent going out to be invested they also have more time to research. That's one side. The other is these people are annoyed about the 2008 crash and are also annoyed about the repeated soci...................... .

Blimey  jolly, that is the  longest answer I have ever seen from you! Thanks very much for the info.

I see a lot of pressure now from people like wolf of Wall Street Jordan belfort warning people could get stung, traders making condisending statements such as " you have won". There seems to be a bit of awkwardness around how easy it was done. It just seems like opportunity and access. If you buy two shares and sell one for double you cannot loose.

[alancalverd]

They are currently claiming falsely that the wall street bets crowd are now buying silver which is a lie they are not.

Back in the 1970s the Bunker Hunt brothers started buying silver in order to corner the world market and dictate the price. Problem  was that the largest use of silver was in x-ray film, accounting for more than half of the entire annual world consumption. Film manufacturers responded by recycling x-ray film and modifying the emulsion content of all photographic materials to reduce the silver content by as much as 90%, thus destroying the market just as the BH consortium took control of it. And realising that they were still a bit vulnerable to third-party forces, x-ray and camera manufacturers began developing digital imaging techniques, to the extent that almost 50% of the silver market no longer exists, and a fair chunk of the remainder is filled by recycled scrap. 

[Jolly2]

They are currently claiming falsely that the wall street bets crowd are now buying silver which is a lie they are not.

Back in the 1970s the Bunker Hunt brothers started buying silver in order to corner the world market and dictate the price. Problem  was that the largest use of silver was in x-ray film, accounting for more than half of the entire annual world consumption. Film manufacturers responded by recycling x-ray film and modifying the emulsion content of all photographic materials to reduce the silver content by as much as 90%, thus destroying the market just as the BH consortium took control of it. And realising that they were still a bit vulnerable to third-party forces, x-ray and camera manufacturers began developing digital imaging techniques, to the extent that almost 50% of the silver market no longer exists, and a fair chunk of the remainder is filled by recycled scrap.

Silver users association SUA is still a thing and one of the reasons for a low silver price, they all work together to keep the price down. The other is the over selling of paper certificates. Which may cause a problem of everyone starts taking physical delivery. Look at the historical 15 to 1 ratio to gold, silver is extremely under priced, but there are reasons for that.

[Petrochemicals (OP)]

They are currently claiming falsely that the wall street bets crowd are now buying silver which is a lie they are not.

Back in the 1970s the Bunker Hunt brothers started buying silver in order to corner the world market and dictate the price. Problem  was that the largest use of silver was in x-ray film, accounting for more than half of the entire annual world consumption. Film manufacturers responded by recycling x-ray film and modifying the emulsion content of all photographic materials to reduce the silver content by as much as 90%, thus destroying the market just as the BH consortium took control of it. And realising that they were still a bit vulnerable to third-party forces, x-ray and camera manufacturers began developing digital imaging techniques, to the extent that almost 50% of the silver market no longer exists, and a fair chunk of the remainder is filled by recycled scrap.

Silver users association SUA is still a thing and one of the reasons for a low silver price, they all work together to keep the price down. The other is the over selling of paper certificates. Which may cause a problem of everyone starts taking physical delivery. Look at the historical 15 to 1 ratio to gold, silver is extremely under priced, but there are reasons for that.

Silver wiring, I believe in its natural state it doesn't oxidise like copper when in contact with oxygen or water. Then there is the antimicrobial properties.

[alancalverd]

It is becoming increasingly useful in wound dressings and suchlike, precisely because, unlike gold, it is quite reactive.

One way to really upset the duchess is to eat a boiled egg with a silver spoon - Ag₂S is most unsightly. Of course if she inherited the title and the spoon, she wouldn't say anything but just give a withering glance across the table and nod to the gamekeeper to deal with you. 

[Jolly2]

It is becoming increasingly useful in wound dressings and suchlike, precisely because, unlike gold, it is quite reactive.

One way to really upset the duchess is to eat a boiled egg with a silver spoon - Ag₂S is most unsightly. Of course if she inherited the title and the spoon, she wouldn't say anything but just give a withering glance across the table and nod to the gamekeeper to deal with you.

Then after the fact the silver spoon eaters family might just take it upon themselves to buy more gamestop in revenge.  One day the elites might actually stop seeing themselves as better then everyone else.  It certainly would solve alot of problems.

If you expect others to pick up your tab or tax, you are by definition a parasite

[alancalverd]

You tar with too broad a brush! Elite athletes or military squads are, by definition and demonstration, better than everyone else. Parasites are parasites.
Those whom we judge to be good parents want their children to inherit a comfortable life. It therefore seems odd to condemn the children who have inherited wealth, as somehow bad. 

[Jolly2]

You tar with too broad a brush! Elite athletes or military squads are, by definition and demonstration, better than everyone else.

Yes they are better then everyone else at something. They dont then take the fact that they are currently the worlds best ice skater to declare themselves a GOD on earth, deserving the right to enslave, steal, brutalised, war and destroy anything and anyone they feel like because they are clearly superior.

Feminists among others mistakenly lable this 'white supremacy' it isn't,  its elitism, and Asian elites, like African elites and western elites all see themselves as inherently superior to everyone else it becomes an idea to justify their position, race, caste, ethnicity, class, social status, job description, sex, or sexual  orientation are all meaningless to an elitist whom holds all others as inferior and expendable. Western elites have just played the game better,  but Asian elites will happily take their place should the opportunity arise.

As I have joked in the past the day a bunch of communists storm an elites house and say "we are here to arrest the bourgeoisie"

The elite response is most likely to be "to right comrade I'll help you find them"

Sex, and race amoung many other things the elites love to use as tools of devision. But they dont care about their sex or their race they care about their position everything else is a side show.

Part of the reason I believe in monarchy, monarchs dont succumb to this insanity. Well the lion king is a nice related story Scare would be a good example of an elite.

Parasites are parasites.
Those whom we judge to be good parents want their children to inherit a comfortable life.

Dont agree a good parent want their children to be responsible,  able to cope with the challenges life throws at them, and free thinking enough to decide what kind of life style the child wants for themselves.

It therefore seems odd to condemn the children who have inherited wealth, as somehow bad.

Nothing to do with inheritance or money, its about choosing to follow in the oppressive foot steps, not all do.

[Petrochemicals (OP)]

You tar with too broad a brush! Elite athletes or military squads are, by definition and demonstration, better than everyone else. Parasites are parasites.
Those whom we judge to be good parents want their children to inherit a comfortable life. It therefore seems odd to condemn the children who have inherited wealth, as somehow bad. 

Fish boy would be better at swimming than anyone else, but that does not mean he is better at survival, his overly large feet and webbed hands, the inability to breath air, lack of eye lids may inhibit his success. By no means is he something the general populace should aspire to.

[evan_au]

a bunch of amateurs have made a fortune from share trading on "Gamestop" shares via Internet forums

Many of these amateurs are using free or low-fee websites.
- How can you trade shares on the stock market for free?
- By selling the data on these "free" trades to the big investment houses
- The big guys can then go in and snap up bargains with their high-speed computer trading systems

So the big guys on Wall Street knew what was going on
- But perhaps they were surprised that rather than competing with each other (like usual), the little guys cooperated with each other (for a while)
- But as with all market bubbles, there are winners and losers

See one of the biggest bubble collapses, from the year 1637: https://en.wikipedia.org/wiki/Tulip_mania

[charles1948]

Nowadays, we are all in bubbles

[Jolly2]

a bunch of amateurs have made a fortune from share trading on "Gamestop" shares via Internet forums

Many of these amateurs are using free or low-fee websites.
- How can you trade shares on the stock market for free?
- By selling the data on these "free" trades to the big investment houses
- The big guys can then go in and snap up bargains with their high-speed computer trading systems

That's exactly right. When the owner of Robinhood said he stopped trading in game stop to protect his clients.  That is a 100% true statement, many users of Robin hood accused him of lying by acting in a way that lost the users of Robin hood money.

The reality is however that the clients of Robinhood are the hedge funds who buy the user data from Robin hood.  The users of Robin hood are the product.

[Jolly2]

Nowadays, we are all in bubbles

Not all. A word from mr Murray

..............

God save the Queen and dam the Pig.