In Nixon era Cost of Living Council imposed Federal price cap of $1.61/oz on silver, which was an 87 cent PLUNGE from highest "auction" to Silver Users Association in fall 1970. FDR nationalized silver on Aug 9, 1934. It's financiers using the government to screw us--government is the tool, not the problem. These people call themselves The Pilgrims Society with branches in London & NYC. They were back of FDR's gold & silver theft www.silverstealers.net--a documentary in which GATA has no input and gets no credit for; they refuse to assist publicizing The Pilgrims organization and their century plus of attacks on silver and gold!