Sunday, January 31, 2021

This Affinity Scam Has a Silver Lining

 Generally speaking, it's not a good idea to place too much credence in an anonymous 4Chan shitpost. 'Insider' Anons, individuals claiming to have inside information from positions of power in various institutions, have long been a feature of imageboard culture.  In the wake of the recent Game Stop short squeeze, which is motivated as much by rage against hedge funds as it is by pump-and-dump operators, here's an even more ambitious scam masquerading as a short squeeze on silver which is supposed to tank the entire banking sytem:


Gotta dig that over-the-top supervillain dialogue, down to the cliche "You fools." It's the sort of monologuing that wouldn't fool even the most gullible of... oh, dear:

The real problem with shitpost culture is that one can never be sure if a post is in earnest or not. This is the culture that gave us 'ironic racism', which is, you know, racism. Nothing these people write can be taken at face value. Conservatives are especially susceptible to precious-metal trading scams, remember this asshole

I suspect that, in the case of this accelerationist wet dream of tanking the entire banking system, the scam artists are playing on the rubes' belief in NESARA, a pipe dream perfectly explained in this letter to the editor. A financial reset is integral to the QAnon 'Great Awakening', so it is to be expected that a bunch of affinity scams of a financial nature will spring up in the wake of the failure of the anonymous Q's prediction that Trump would win the 2020 presidential election in a landslide.

2 comments:

StringOnAStick said...

Well, that's interesting. The RW is certainly predisposed to precious metals scams; my completely FOX absorbed RW father is convinced that hyper inflation is right around the corner thanks to the ads he sees there and since he can't afford gold coins, he's buying silver. Of course he's thought this since the last silver boom thanks to the Hunt brothers manipulations; given enough decades he might eventually be right but I doubt it.

Big Bad Bald Bastard said...

I can't even...

https://www.cnn.com/2021/01/31/investing/silver-price-squeeze-reddit-wallstreetbets/index.html