>>342742191yes, let me take this chance to ask by what mechanism do the markets create silver derivatives to inflate the paper supply of silver? Is it as simple as pic related, that fractional reserve rules can apply to physical commodities? How would a (((normally functioning marketplace))) deal with the resulting counterparty risk? I realize it's a sham but I wonder what the rationalization is.
Also, in
>>342742043 , what's the difference between eligible and registered silver?
