Silver getting crushed today

So there is no such thing as someone buying a house outright and then getting into trouble and taking out a mortgage?

 

Log in or Sign up to hide this ad.

Of course there is. In fact, he might have bought each property outright, then mortgaged each in turn to buy the next one. The point is that he could easily "buy" over $150M in property without ever actually shelling out $150M of his own cash.

I don't really expect meticulous accounting in "articles" like this, anyway...

 

This is a little old I think 2016?

 

Yeah, and the thread has been going at an average of 6 posts a day, ever since.

 

All Nick needs to do is make another movie and learn from his mistakes.

 

If you have a house 100% paid for, you can still lose it if you don't pay your property taxes. Sooner or later the city/state will put a tax lien on the house and then do a tax sale/foreclosure on it.

 

They might get the taxes by issuing interest bearing first lien tax certificates.

 

Not all states have those. I'm assuming from the context that CA does. One of the best lines I ever heard was, "Nicholas Cage should be his address, not his name."

 

Aaaaaand down we go....

 

Yea its been kinda stale lately huh?

 

I think Silver has a direct inverse correlation to washing machines futures pricing ...

 

Somebody on the NYMEX got bored.

"Here, hold my latte, I'm gonna try sumpin'."

 

People panic at the slightest provocation. Silver is now exactly where it was 24 hours ago!

 

I think Silver has averaged $17.00/oz for the past two years. Nothing strange going on here.

 

When JP Morgan Chase chief honcho Jamie Dimon says: 'make the silver price $17', the silver price goes to $17 - his corporate silver stack is large enough to influence such things

 

No kidding, That article was quite an eyepopper of how much silver they have.

 

up up and away!

 

People get excited at the slightest provocation. Silver is only around 2.5% above where it was 24 hours ago.

 

yea but it was on a bad downward trend at one time yesterday! Sakata is your glass half full or Half Empty?