Replies to post #10461 on Americas Silver Corp fka USAPF

[downsideup]

That's why it matters...

WHO FAILS when an investor makes a mistake.

Should the "investor" lose his investment, and with it the future right to participate in the market at the level he had before, when he makes a mistake in allocating his capital ?

Or, should the taxpayers make him whole, and call it good, no matter how stupid the investor is ?

Should you be MORE tolerant, or less, if the investor is posturing to control not only your bank account, but your government ?

I've made some stupid mistakes, investing... which won't make me particularly unique among investors. I'll carp and moan when I make a bad call, and I will insist that thieves be held to account... and will insist that my government uphold the law, including in making sure the marketplace is free of fraud...

That last bit is the rub. To HAVE a free market, the market must be kept free of fraud... to enable trust. We don't have a free market now, and official tolerance fraud is the primary reason that is true... but, we're WAY beyond mere "tolerance" with the subject matter here...

Banks are (or, were) called trust institutions... for that reason... because they were fiduciaries you could trust.

Why should you ever trust any bank... that steals from you ?

[SOUTHPEN]

Presently,the U.S. has roughly 14.5 trillion in U.S. dollar debt. Check out how many tons of gold ,collectively ,that all the G20 countries have.Those reserves of gold (that may not exist) are NOT enough to collateralize at present value of dollars,that amount of debt.As far as all the gold and silver in the world,well ,I meant refined in bars,not in the ground.That would be an answer best left to science in about 200 years.