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Re: Shaark post# 1341

Monday, 06/20/2016 11:41:45 PM

Monday, June 20, 2016 11:41:45 PM

Post# of 19406
I would like to know what possible delivery issues are out there for silver? Secondly, there is $11 trillion in negative interest bonds floating around the world. Nobody will hold them to maturity or else they lose money. They have to sell them to the next sucker. The last suckers holding will lose a lot of money. These negative interest rates are going to continue to push people into the metals. The fact that economies and employment are contracting will only force the Fed and other central banks to cut rates and or print more money. You say silver won't make $20 an ounce. I will agree. Silver will not break $20 an ounce in June 2016.

Any taxes that will be raised will be on the top 1% to 10%. The Democrats will not raise taxes on anyone else because they have to play the rich against poor card. The top 10% already pay 70% of all federal taxes. You could raise their tax rate to 100% and only pay for five months of government. We are running a $515 billion deficit as of right now. This will not stop metals move upward rather advance them. In regards to the Brexit, gold and silver have not been advancing since January because of the Brexit vote. In my eyes the Brexit vote is of insignificance to the metals.
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