How Will US Banks Cover Their Paper Silver?

    
Plugin by: PHP Freelancer
This entry was posted in Editorial. Bookmark the permalink.
5 1 vote
Article Rating
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Patriot_One
Patriot_One
1 month ago

How Will US Banks Cover Their Paper Silver? — If BRICS uses it to back their currency.
The US will probably cover paper silver with cash. I imagine paper silver already has a provision for cash redemption.
It could also lead to investment silver confiscation where silver is only used for bank-to-bank exchange and industrial use. That’s going to be the Federal Reserve’s and Treasury’s call.