Episode Synopsis "GameStop The Madness...Why Hype Stocks & Get Rich Quick Don’t Work"
In this episode, we make some important correlations between the #wallstreetbets Reddit movement driving GameStop and silver prices and the real economy. GameStop crashed closing this week, after soaring to $500 in the last two weeks, back to its original resistance high in 2013 of $60. I talk about what GameStop has in common with Macy’s, Toys R Us, Blockbuster and other big box retailers and how the last year’s health crisis exacerbated the economic condition we are in today.