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RE: Will "Paper Fiat" be turned in for Silver and Gold backed "Coinage"...
It will definitely be difficult for silver coin actually to replace paper fiat looking at the value papper fiat still boast
It will definitely be difficult for silver coin actually to replace paper fiat looking at the value papper fiat still boast
Paper Dollars have already lost "more" than 99% of their Spending Power... I figure the U.S. Treasury will offer a full 1%, or One Cent for each Paper Dollar... That's the 100 to 1 Exchange Rate I keep writing about... The One Cent Coin will be backed by our "Circulating" Silver and Gold Coins at that point... One Hundred Dollars in Common U.S. Coinage can be Exchanged for a One Ounce, $100 Gold Coin on the other side of the Reset... The $100 Gold Coin will have the Spending Power of 10,000 of today's Paper Dollars...