Good post! It explains the situation very well. There is a significant difference between a gold standard and using gold as money that some...
If you don't understand my posts, feel free to ignore them or ask for clarification instead of trying to turn my posts into your favorite topic....
Prices in a free market economy are always changing. That's the way the system is supposed to work. If this bothers you, you would have loved...
Good point. As long as mine production is lower than total fabrication demand, there will be upward pressure on silver prices.
The FR conducts examinations to assess risk management systems, financial condition, capital adequacy and compliance with laws and regulations....
It isn't the function of the Fed to make operational decisions for the member banks and their counterparties. The senior leadership of the...
If you fix the price, you have moved away from the free market economic model that gold money was supposed to foster in the first place. Why do...
The ETFs are a possiblity, but then you get into the problem of double counting the ownership. But I realize that the Silver Institute numbers...
I would say that first, nobody really knows what industrial demand is. Do companies report their silver usage? I doubt it because it's...
I know the Silver Institute and their World Silver Survey is a popular source for supply and demand information, and they produce very official...
But that is the situation you are in today with floating exchange rates. The value of the dollar changes from minute to minute, but prices change...
This isn't news. It would be news if Bernanke did a 180 degree turn and came out in support of a gold standard. In fact, it is Congress and not...
If that's the case, it's going to be tough to prove a crime. I would think the seller has an obligation to know the specifics of what they are...
I would expect that trend to continue over the long run. A 70 and a 69 are basically the same condition and largely based on grading standards....
But silver used in film processing has also traditionally been recycled. I believe I read someplace that about 90% is recovered. So the use of...
You're making progress. I agree with the second part that a central bank is unnecessary. But the Fed has shown itself to be responsive to the...
But look how well the plan worked. People simultaneously wiped out those pesky dinosaurs and got the silver at the same time. I guess folks were...
I don't think anyone can logically blame everything on fiat currency. Certainly globalism, regulation, demographics, technological advances,...
I think it's an interesting topic as it affects the sale of PMs. Companies that engage in illegal buiness practices hurt all of us, if only...
There is more money in a civil action.
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