>>4504362 (pb)

So the price of physical metal silver is kept down by the creation of "paper", i.e. close substitutes for some purposes.

That is not illegal. To prohibit it, you would have to do something unnatural like not allowing contracts where silver was an underlying asset.

It's not some banker scam, but the nature of voluntary contracts and the ingenuity of those who enter into them, that allows this to continue. And if it's been going on for decades, there's no reason to think it will stop in the foreseeable future.

Is it too much leverage? The clearing corporations don't think so, and they're in business to make money. Are they taking unfair advantage of limited liability status in their role as clearing corps? Well limited liability makes the world go round in lots of ways, not just that.

>>4508377

I believe the envelopes came from GWB. I don't know what they said, but it is a bit odd for him to be communicating with the Pences that way.

It would be good for the Pences to reveal the contents of that letter, publicly.

>>4508548

TY wiseanon. Nixon did a patriotic thing taking us off the gold standard for international redemption of dollars.

I am a bit worried about the Fed strategy. With all this debt we need weak dollars (and so does everyone else because all countries are in debt.) So why is our Fed hiking rates?