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Heard it here first! 30-50% usage of all of the world's silver
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<p>[QUOTE="NorthKorea, post: 1587145, member: 29643"]You misread what I wrote. Money managers would be liable in a case where the clients lost money on their advice for assets held away from the manager. I didn't say criminally. It would be a civil suit, and the firm would settle. It's happened before, and it will happen again.</p><p><br /></p><p>Edit: BTW, if you take away paper altogether, gold has no value. Even if it did, you couldn't insure it, since there'd be no system of assurance, so, eventually, we'd revert to a system of chaos where people would be constantly shot/robbed for their hoards of gold. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 1587145, member: 29643"]You misread what I wrote. Money managers would be liable in a case where the clients lost money on their advice for assets held away from the manager. I didn't say criminally. It would be a civil suit, and the firm would settle. It's happened before, and it will happen again. Edit: BTW, if you take away paper altogether, gold has no value. Even if it did, you couldn't insure it, since there'd be no system of assurance, so, eventually, we'd revert to a system of chaos where people would be constantly shot/robbed for their hoards of gold. :P[/QUOTE]
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