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Silver Wheaton Corp. Message Board

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  • moses_on_wall_street moses_on_wall_street Feb 14, 2009 7:03 AM Flag

    Today i bought my first 20 ounces

    Bullion coins issued by the US gov't are not "legal tender" a term created to salve the fiat money to make it respectable, i.e., it is acceptable in payment of taxes to fedgov.

    Instead, these same bullion coins are "lawful money" that actually complies with the Constitution.

    You ought to explore these differences. It may cause you to further understand the fraudulent nature of our debt based monetary system that is now beginning to fall down around our ears.

    The premium is a result of the Eagles being a known and easily recognizable thing as opposed to coins and bars minted by non-governmental entities. This, I suppose, may be predicated on the assumption, misplaced or no, that government produced bullion is somehow beyond any hanky panky like dilution, underweighting and other such scams to lessen the particular underlying content.

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