RE: $1000/oz For Silver? That's Too Pessimistic

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$1000/oz For Silver? That's Too Pessimistic

in hive-136819 •  2 years ago 

You're very close to the Truth... If measured in Fiat Dollars, the Melt Value of a One Ounce, $100 (Corrected) Gold Coin will be 9,000 USD's... The $100 Gold Coin will have the Spending Power of $10,000 Fiat USD's... The Face Value must always be Worth more than the Melt Value, for obvious reasons... A One Ounce $10 (Corrected) Silver Coin will have the Spending Power of 1,000 Fiat USD's, and the Melt Value of 900 Fiat USD's...

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Agree, but $1000/oz at this point is just pure speculation though; take it with a grain of salt. Thanks for stopping by

I did the Fine Tuning for a possible Monetary Reset, from Fiat to Silver and Gold backed Currencies... When Measured using our Corrected Silver and Gold Coins, the Melt Values will be $9 for Silver and $90 for Gold... When Measured using Fiat USD's, the Melt Values will be $900 for Silver and $9,000 for Gold... The Exchange Rate will need to be 100 Fiat USD's for $1 in Silver and Gold backed Dollars...