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[–] 20685251? 0 points 7 points 7 points (+7|-0) ago
The precious metal prices have been manipulated for many years. They have pushed the price of silver down many times by buying slowly and dumping large volumes in the open market. I think this was intentional so nobody could see the potential for putting our currency back on a precious metal backed market. Yes, there might not be enough gold to back our currency if we got rid of the Fed but if we allowed the price of silver to increase to where it should be (around $100/ounce), we could tell the Fed to Fuck off and take their debt with them.