The Reddit Raiders Have Turned Their Attention To Silver Stocks

 It looks like the Reddit raiders have turned their attention to Silver stocks. They're getting smarter. 

Silver stocks are actually cheap, and represent good investment value. The fact that some investors were foolish enough to short these stocks makes their trade even better.

GameStop: The Only People Who Will Walk Away With Any Real Winnings

Attention Bitcoin HODLers: The only people who will walk away with any real winnings from the GameStop (GME) short-squeeze will be those smart enough to sell. 

Those who HODL will likely loose it all. 

Bitcoin HODLers will meet the same fate if they fail to realize their paper profits.

The Greatest Transfer Of Wealth In History

Bitcoin proponents claim that Bitcoin represents the greatest transfer of wealth in history. I partially agree. Not sure it's the greatest but a large wealth transfer is taking place. But the wealth is being transferred from the people who buy Bitcoin to the people who sell it.

Gold Is Wealth, Bitcoin Is Not

Losing the private key to your Bitcoin wallet is not the same thing as forgetting where you buried your gold. When gold is lost the world loses something -- the potential use of that gold as a metal. When Bitcoin is lost the world loses nothing. Gold is wealth. Bitcoin is not.

The Bitcoin Bubble

Talking about the Bitcoin bubble with Liz Claman, Host of FOX Business Network's The Claman Countdown:

Peter Schiff Bursts The Bitcoin Bubble

COVID Stimulus Will Be Paid For By Inflation

I agree with Jeremy Siegel that bondholders will suffer losses as COVID stimulus is paid for by inflation, but disagree with his assessment of how much it will cost. Inflation will be much higher, and the losses far greater than he thinks.