WHY WE STACK GOLD AND SILVER...steemCreated with Sketch.

in sound-money •  4 years ago  (edited)

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Brought to you by @pocket-change

People all over the World have been Preparing for a Currency Collapse and Monetary Reset, by "Stacking" Gold and Silver, for that purpose...

We'll be able to use our U.S. Bullion Coinage if we want to pay Cash for Expensive Items, but for the most part, our U.S. Bullion Coinage won't be used for Ordinary Spending, it will be used for Saving...

If a person is able to save up Ten Dollars in Sound Money, they can request a Ten Dollar, 1/10th ounce U.S. Gold Eagle Coin, at their Local Bank...

I'm pretty sure, all Banks will be Required to have a Minimum Amount of Gold and Silver Eagles on hand at all times...

If a person would rather hold a Physical U.S. Silver Eagle, they can exchange Ten Dollars in Sound Money for one of the New, One Ounce Ten Dollar U.S. Silver Eagle...

The Ten Dollar Silver Eagles don't exist yet, but I'm quite certain they will soon replace the One Dollar Silver Eagles, due to Silvers expected Large Increase in Melt Value...

The Silver/Gold Ratio will become "Stable" at 10 Ounces of Silver, for One Ounce of Gold...

The same Silver/Gold Ratio will also apply to our Bullion Coinage...

Ten $10 Silver Eagles will have the same "Spending Power" as One $100 Gold Eagle...

Anyway...

People, Country and even Central Banks around the World will be sending their Precious Metals to the United States Treasury, to have converted into U.S. Sound Money...

Everyone will have their Choice in what Form of U.S. Sound Money they want...

If all they want is Physical U.S. Bullion Coinage, that will be perfectly fine...

I'm thinking most people will prefer our U.S. Electronic Sound Money...

Whatever someone chooses, it's all backed Face Value for Face Value with our U.S. Bullion Coinage...

If they choose U.S. Electronic Coinage now, they can always turn it in for U.S. Bullion Coinage, later...

Our smallest One Dollar U.S. Bullion Coins, will have the "Spending Power" of 100 of today's Fiat(Slave Unit) Dollars...

The Exchange Rate will be 100 Fiat Dollars for 1 Sound Money Dollar, or 100 Sound Money Cents...

The Reason for the 100 to 1 Exchange Rate is because the Fiat Dollar only has One Percent of its "Spending Power" still remaining...

That One Percent Spending Power will Transfer over to our Sound Money...

Feel free to question anything I write...

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August 1, 2020... 15.3 Hollywood Time...

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I have a question for you @pocket-change ..... I was doing some digging, to work out what your ROI was for ssg-community. I was going to show how a rise in liquid steem payments wouldn't cost you much more. But I think I've noticed something from you.

Do you have your post payouts at 50/50 sbd/steem payouts or all "steempower up"?

Screenshot_20210218_070702.jpg

You need to have it on 50/50... Any time sbd is above $1 get paid in sbd, as at the moment you'll get 4X your post value.

Switching to a 50/50 the Payout, didn't seem to improve... At least with the 100% Power-Up, I get Double the TRX... I'm Switching Back to the 100%...
February 25, 2021... 17.5 Hollywood Time...

Go to your wallet... Go to sbd.... Click on market...

Screenshot_20210226_063758.jpg

Because sbd is pegged at $1, if you use 100% payout you'd get 3 steem (approx $0.33 steem price). But by using 50/50 and the real market value of sbd:steem ($6:$0.33) you get an extra 10 steem per sbd exchanged.

Looking quickly, it appears that I can sell one SBD and get back about 20 Steem...???
February 26, 2021... 1.7 Hollywood Time...

Yes, the price of SBD has jumped up again to over $9.... ANY TIME SBD ID OVER $1 GET PAID IN SBD (50/50). Sorry for shouting, but it's a no-brained. This is why lease prices have shot right up! At the moment, you can make a lot of steem from post payouts, when converting sbd for steem.

Which is why the price of @ssg-community has to go up this month or she won't be able to afford any leases to upvote the members.

I can Transfer SBD's, but I can't seem to Convert it to Steem... Can I Pay for March with SBD's, and if so, how much could I pay right now...???
February 26, 2021... 19.5 Hollywood Time...

Transfer all your sbd to me, I'll convert it at the current market rate, and I'll send it all back.??? Will take me less than 20 seconds and its all on the blockchain for transparency.

Check your Wallet...
February 27, 2021... 1.7 Hollywood Time...

Thanks for the Heads Up...

You hit on the reason I'm not a big fan of Crypto's...

They are not Stable...

A person has to do the Math, each and every time, because the Values are constantly changing...

I was under the impression that, the more Steem Power a person received, the more TRX they got...

I figured, I was getting Double the TRX...

As to your question...

Yes, I had to make a Special Point to "Set" my Posts at the Full 100%, each and every time, so I could get Double the Steem-Power and Double the TRX...

I've been watching the Unstable Value of TRX going up, up, up...

For all I know, TRX might go to 1,000 Fiat (Slave Units) each...lol...

I did see you mention the Four Times, which did get me thinking...

I was aware that Steem Dollars were worth more than Liquid Steem, so now I have to rethink everything, when it comes to payouts...

February 18, 2021... 3.4 Hollywood Time...

I like this song...


February 17, 2021... 20.4 Hollywood Time...