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The tale of GameStop has much more to say about the current state of investing.” The central idea in the classic Mel Brooks comedy “The Producers” is that unscrupulous Broadway impresarios could succeed fabulously by creating a play so uniquely awful that it would close on its first day. Their idea was to oversubscribe shares […]
On Monday, Feb. 1, Peter appeared on NTD Business to talk about the attempted short squeeze on GameStop and silver. He said we shouldn’t compare GameStop stock to silver. Unlike GameStop, there are fundamentally sound reasons to buy silver, with or without the endorsement of the Reddit traders. When the Reddit Raiders turned their attention […]
As of Monday morning, the Reddit Raiders had driven silver to a 6-month high of over $29 an ounce. Peter Schiff talked about what’s going on in the silver market on his podcast Friday. He said that silver is a great buy right now, with or without the attention of the Reddit message boards.
If you follow the markets at all, you’ve heard about the big surge in GameStop stock driven at least in part by retail investors informed by social media. Now the Reddit investors have turned their eyes to silver. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey breaks down the GameStop phenomenon […]
