Global Economic Meltdown 2013 - 2014
Amazing how the more they print fiat, the price of silver is decreasing. Imagine if silver got down to equal par with the silver. Dollar for dollar. If there is 100 trillion dollars fo fiat in circulation and was redemmable in silver, can the above equation work if there was only 1 billion ounces worldwide? that is a ratio of 100,000 to 1. Therefore a one ounce silver coin should be worth 100,000 fiat dollars. Kind of crazy. Even if it was to hit 100,000 per ounce, the US goverment mint will still produce the silver one ounce coin with a face value of one dollar. If the government is producing the $1 silver liberty dollar, why are we not using this currency as it is stated in the constitution? We are so entrenched with fiat money being priced on every single item, people do not have the understanding on how to get out of it. Is there a plan when it collapses? Martial law, Fema camps, starvation, death, disease.
3 years ago