10 Comments
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Lee's avatar
Jan 7Edited

Well, Kerry--One of the biggest scandals/frauds operating in the US are School Bonds based on Property Tax. With property Assessments going up every year in order to justify the ever increasing, higher property taxes. The money is clearly not going to the schools. The collateral that backs those bonds is Very shaky. This situation could also call into question the very solvency of the Muni Bonds of many cities.

Kerry Lutz's avatar

You’re getting closer.

Ccz dxcxdcfdx c's avatar

How about tolls on roads, bridges and tunnels? What a scam that is. They just constantly rise, almost all are electronic now. I always feel ripped off when paying them

Manny's avatar

Despite daily short term intraday weakness silver futures technicals point to $88 and 95/OZ. The shorts are bleeding and increased COMEX margins have not succeeded in the attempt to halt the rally because now the physical market is in charge despite all shenanigans thrown at thinly traded futures.

Manny's avatar

I have seen this for months and am putting in stink bids for silver miners before the open. It is amazing how often I get low ball fills and they usually end up much higher at the close.

Richard Seager's avatar

It's not just NY. It goes from Sydney to Shanghai to London to New York to San Francisco and back to Sydney again. None of those places are slamming it too much at the moment.

William Hawkins's avatar

Lee won the coin property tax and school tax .

Corkey's avatar

Down 5% this morning after going into low 80s last night. Silver Eagles going for $90. That’s a 12-15 point spread tight there. What a crock.

Michael P's avatar

Good points Kerry!

Are things still in motion for a possible run up to $104 this month before potentially retesting support into April? If you speak with Marty this week can you please ask him about the above and also when the potential downturn is forecast - is it the week of January 19th or 26th? Thank you.

All the Best,

Mike