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Gold/Mining/Energy : Gold Price Monitor
GDXJ 117.61+3.0%Dec 19 4:00 PM EST

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To: John Soileau who wrote (76509)9/15/2001 1:58:14 PM
From: long-gone  Read Replies (1) of 116816
 
Brings an interest question to light? Is something legal when done by a banker but not by an individual?

A hard asset is a hard asset, right?
There is No way to practice fractional reserve banking when dealing with real estate! You sell the same home to 2 seperate legal parties - a law has been broken!
When Billy Sol Estis used the same liquid fertilizer trailers for loans from several banks it was outside the law!

Must not the line(quickly) be drawn between all hard assets and paper for loan purposes in reguard to fractional reserve banking?
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