Short Squeeze Mania: Silver vs. GameStop

51:26
 
Share
 

Manage episode 284284948 series 2394535
By Rich Dad and The Rich Dad Radio Network. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Last week there was a classic story of David versus Goliath playing out in real life when GameStop mania shook up the stock market. In this special episode of The Rich Dad Radio Show, Robert Kiyosaki and Peter Schiff discuss how to everyone’s surprise, David won.

But last Wednesday, our guest predicted a much bigger short squeeze coming in silver.

Peter Schiff, the host of The Peter Schiff Show podcast, says, “The one thing silver has in common with GameStop is a short interest.”

Unfortunately, the average investor doesn’t understand the fundamentals of the markets, let alone how the stock market is overvalued. They just buy because the market is going up.

Host Robert Kiyosaki and guest Peter Schiff discuss the overvaluation of GameStop and the correlation to silver, and where you should be putting your money in 2021.

To contact Peter Schiff and his team visit:

www.europac.com

www.europacificfunds.com

Listen to Peter Schiff’s Podcast at www.schiffradio.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

322 episodes