H/T NewZeal: http://newzeal.blogspot.com/2010/12/bears-on-silver-manipulation.html
The potty-mouthed Bears on the silver market. Can’t verify this info, but interesting.

Anon writes: This is perfectly on point. “Money” is a “function”, like “furniture” – some “THING” can be used as money just as some “THING” can be used as furniture.

In the US, the two “THINGS” Congress has declared to be the “Lawful Money of Account of the United States” is gold and silver, measured into “weight” units (appensura) termed “dollars”.

A “dollar” WEIGHS 24 4/5 oz. gold or silver WEIGHING 412.5 oz., coined and regulated in value by Congress.

The paper “NOTE” (promise to pay) is not the “money”, but only a “legal tender” promise to pay the money.

There is no such thing as a “paper” dollar as there is a paper pound or paper mile.

Paper has never been declared the “money” of the United States.

In order to be valid “consideration” in a contract, money must be both valueable and lawful. Our present currency is neither.

There has been no lawful “money” in the US since 1968.