Reddit traders eye silver, Republicans float smaller relief bill, Mance talks to Bellingcat founder
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 1 February 2021
⏱️ 11 minutes
🧾️ Download transcript
Summary
Reddit traders have targeted silver markets after piling into GameStop shares last week, and Republicans in the US Senate float a stimulus deal a third the size of president Joe Biden’s plan. Plus, the FT’s chief features writer, Henry Mance, spoke with the founder of the internet investigative group Bellingcat and shines a light on the trailblazing group.
Reddit traders switch sights to silver after equities attack
ft.com/content/d46e8623-09af-4a1f-b7e5-207616388b0f?
GameStop mania: why Reddit traders are unlikely to face prosecution
https://www.ft.com/content/8caa3c75-944a-468e-8a68-9deeec8b67d8
Republican senators float compromise $600bn stimulus deal
https://www.ft.com/content/20859a91-cadc-42c2-b97b-a994efd65ec1
Bellingcat’s Eliot Higgins: ‘We’re on the precipice of the misinformation age’
https://www.ft.com/content/0f31590f-74cf-4cfa-b0d6-92e8f27d6d34
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Good morning from the Financial Times. |
| 0:01.6 | Today is Monday, February 1st, |
| 0:03.6 | and this is your FT news briefing. |
| 0:05.6 | Reddit traders are turning their attention to silver. |
| 0:11.3 | We'll explain why regulators are unlikely to prosecute these amateur |
| 0:14.6 | traders. |
| 0:15.6 | And Republicans in the US Senate will offer President Joe Biden an alternative to his COVID-19 relief plan. |
| 0:21.1 | The plan is much smaller. |
| 0:22.1 | Republicans describe it as more targeted. |
| 0:24.6 | Plus a group of online investigators who call themselves Bellingcat has unearthed the truth about |
| 0:29.2 | everything from the poisoning of Alexei Navalny to the attack on the US capital. |
| 0:33.5 | Our own Henry Manns spoke to Bell and Cats founder. |
| 0:36.1 | I'm Mark Filipino and here's the news you need to start your day. |
| 0:41.4 | The market moving power of amateur traders will remain the top story this week. |
| 0:48.0 | Retail traders, communicating on the social media site, Reddit, blew up the stock of the company GameStop |
| 0:54.4 | last week and hammered established investors who had been short selling the |
| 0:58.2 | struggling retail chain. Now these small traders are targeting silver. |
| 1:02.8 | The FT reports that on Friday almost $1 billion flowed into iShares Silver Trust. |
| 1:08.3 | It's the world's largest exchange traded fund backed by silver. |
| 1:11.8 | This happened after a user in a Reddit forum called |
| 1:14.2 | Wall Street Betts urged people to buy shares and options to put a squeeze on |
| 1:18.8 | banks. Silver prices rose 6% last week while shares in silver mining firms also jumped. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Forhecz Topher, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Forhecz Topher and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.