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<p>[QUOTE=&quot;RedOakPresoBox, post: 686454, member: 19928&quot;]Look I asked a question. What is to stop them from acting like a fractional reserve bank? Wouldn&#039;t short contracts with no/10% silver/gold attached to them be similar to fractional reserve banking? </p><p>&nbsp;</p><p>I believe even in an Investment Rarities newsletter I get they warn that 90% of PM businesses go bankrupt and even talk of taking physical PM&#039;s instead of paper.</p><p>&nbsp;</p><p>It seems to me that Bob Chapman was agreeing with Ted Butler. He took it a step further perhaps but even Ted Butler discussed the possibility of not having enough silver to back up the contracts.</p><p>&nbsp;</p><p>This is a prime part of Ted&#039;s thesis that silver is being artificially held down.</p><p>&nbsp;</p><p>Also, Bob Chapman seems shocked that China would back out of their contracts and was explaining what could happen if they did. I don&#039;t see that as a bad thing.[/QUOTE]</p><p><br /></p>

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