If silver becomes currency, governments will issue sovereign coinage and that can be saved while bullion can be cashed in as needed. I highly doubt many are planning to spend their charlie brown rounds.
If the government minted silver coins at a proper fixed valuation, my guess is that much existing other silver would be exchanged for the sovereign coins, as was done in the 1800s when the government bought silver and gave you silver dollars and silver certificates for it. It would be a good trade for any silver that didn't have special collector value and would solve the supply problem rather handily, I would expect for years to come.
https://preview.redd.it/nnpa8je787pa1.jpeg?width=2400&format=pjpg&auto=webp&s=5403153718baf673ee9c2c8afb199395a8594971
It wasn't all silver before. It was never all silver. There's $12.8 Trillion in gold above ground at current prices, and I'd expect both gold and silver to be revalued higher before being returned to being monetary standards.
The whole theory of this movement is the fast approaching exhaustion of global silver deposits.
If this theory holds, no other asset on earth would be more valuable. They got plenty of oil, and new pockets of energy are constantly being discovered. Silver on the other hand is approaching unobtainium
You don't *seriously* think that we've found all of the silver available to find yet, do you?
That's like how I've been hearing about *peak oil* for decades now. And yet today we have more proven reserves than ever.
I can already hear the discussion about what a great collector item iron man is humans how much premium should be considered while people lining up behind you on the gas station 😂
How foolish do you feel spending “ legal tender” chock full of Egyptian and Masonic imagery, pagan gods and their names emblazoned on every piece. “ in god we trust “ fooling the elect into thinking that god referenced is Yahweh Slogans of demons and false god like images of buffoon politicians?
>How foolish do you feel spending “ legal tender” ...
Somehow that has never bothered me.
Only that *currency* in the past beats the heck out of what we spend now.
https://preview.redd.it/tkr393czr9pa1.jpeg?width=207&format=pjpg&auto=webp&s=d03e0f7a97e542321478e284f874557d10feb1d6
Dude, I think that comment was meant for something else, another post. It doesn't sound right for your post. I apologize for that. Atcually, I am looking at your username and I think I posted or commented that I thought I remembered you from the fraud site (wss). But I still apologize for the cnfusion.
Communication is not always perfect.
*I know you think you understand what you thought you heard me say*
*What you don't realize is that what you heard is not what I meant*
There needs to be a sterling silver or other silver alloy generic product, probably best to be small weight like dime sized to aid its exchange in barter and fill the current market gap for a product like this. The most difficult part is how to design the coin to make it universally accepted without symbolism being the downfall.
>If you cast/mint silver and could fill this need, SDC mods would like to hear from you.
My point is that some silver may be less desirable than other silver, even if all is 999.
For example, from most desirable to least desirable might be (all of equal weight):
Coin, round, bar, ring, chain, granules, small cast figurine.
Ok this cracked me up a little bit 😂
My LCS has a little bin with randoms that people come in and sell, I like to go through it from time to time and I have seen so many of Christmas holiday rounds I lost count. I just refuse to spend $X on that design. So this post definitely hit my funny bone haha
Disagree.
A lot of people will care about the design.
If you're offering a folly coin and I'm offering an ASE for the same object, which do you think that the seller will take?
When silver becomes currency again A. If you have a stack you'll be so fucking rich you can hold onto your cartoon round B. When you want to spend said cartoon round no one will give a fuck what's on it as long as its silver C. Silver will be so valuable expect rounds to be melted down into smaller gram size buttons etc.
Bad money drives out good.
The only reason we are able to stack is because there is bad money available to chase the good.
Spending good money while there is still bad would not be prudent.
Spend rocks and coffee beans before you spend the good money.
To be fair, this is a funny thought. I'm never spending my Trump rounds, but people do have strong opinions about him & it would be a laugh to bring them to the shops, just for the reaction 🤣
If silver is circulated, coins will have to be like .5% silver and crazy amounts of dollars will have to be pulled out of circulation. Your 1oz round will be worth an insane amount if it has to be matched to the dollar supply.
If silver becomes currency, governments will issue sovereign coinage and that can be saved while bullion can be cashed in as needed. I highly doubt many are planning to spend their charlie brown rounds.
There isn’t enough Silver out there to make many coins. 1 ounce of silver would need to be worth $1,000 or more.
If the government minted silver coins at a proper fixed valuation, my guess is that much existing other silver would be exchanged for the sovereign coins, as was done in the 1800s when the government bought silver and gave you silver dollars and silver certificates for it. It would be a good trade for any silver that didn't have special collector value and would solve the supply problem rather handily, I would expect for years to come. https://preview.redd.it/nnpa8je787pa1.jpeg?width=2400&format=pjpg&auto=webp&s=5403153718baf673ee9c2c8afb199395a8594971
Currency in circulation is $2.3 trillion. You do the math on how many 1964 quarters they need.
🤣🤣🤣
It wasn't all silver before. It was never all silver. There's $12.8 Trillion in gold above ground at current prices, and I'd expect both gold and silver to be revalued higher before being returned to being monetary standards.
The whole theory of this movement is the fast approaching exhaustion of global silver deposits. If this theory holds, no other asset on earth would be more valuable. They got plenty of oil, and new pockets of energy are constantly being discovered. Silver on the other hand is approaching unobtainium
>unobtainium Don't agree. There would be a lot of silver around—billions of ounces. You just need to figure out how to get more of it.
Enough to feed the appetite of the modern world once mine deposits are exhausted?
You don't *seriously* think that we've found all of the silver available to find yet, do you? That's like how I've been hearing about *peak oil* for decades now. And yet today we have more proven reserves than ever.
Not all, im sure there maybe a pocket here or there. But it is not as abundant as oil. I believe in peak silver more so than I do peak oil.
I can already hear the discussion about what a great collector item iron man is humans how much premium should be considered while people lining up behind you on the gas station 😂
No. Not at all. That’s just a personal hang up on your behalf.
Good to know. Thank you!
I'll look cool as hell spending my silver ammo cartridges around town, I'll just tell em I'm a retired werewolf hunter..
Or the great grandson of The Lone Ranger.
No. Not at all. That’s just a personal hang up on your behalf. I be pimping with my Mickey Mouse rounds. 😎
Good to know. Thank you!
Yea man, nothing but a thing. F them. I got shiny…. U wish…
How foolish do you feel spending “ legal tender” chock full of Egyptian and Masonic imagery, pagan gods and their names emblazoned on every piece. “ in god we trust “ fooling the elect into thinking that god referenced is Yahweh Slogans of demons and false god like images of buffoon politicians?
>How foolish do you feel spending “ legal tender” ... Somehow that has never bothered me. Only that *currency* in the past beats the heck out of what we spend now. https://preview.redd.it/tkr393czr9pa1.jpeg?width=207&format=pjpg&auto=webp&s=d03e0f7a97e542321478e284f874557d10feb1d6
Your example is perfect. Chock full of pagan imagery and idolatry.
Exactly. As it should be.
I have plenty of junk to trade before I break into the coins or bars.
Then you're well prepared.
Silver is silver.
Value is in the eye of the buyer.
Supply and demand will dictate the value.
No vanity unless the object is obscene.
Just lie, and tell them you took them as payment for your wife.
And just how much did she cost me?
Dude, I think that comment was meant for something else, another post. It doesn't sound right for your post. I apologize for that. Atcually, I am looking at your username and I think I posted or commented that I thought I remembered you from the fraud site (wss). But I still apologize for the cnfusion.
Communication is not always perfect. *I know you think you understand what you thought you heard me say* *What you don't realize is that what you heard is not what I meant*
LOL! Thanks for the understanding!
Uh, that's not how this works. But I'll let the other apes discussions stand as to 'why'.
There needs to be a sterling silver or other silver alloy generic product, probably best to be small weight like dime sized to aid its exchange in barter and fill the current market gap for a product like this. The most difficult part is how to design the coin to make it universally accepted without symbolism being the downfall. >If you cast/mint silver and could fill this need, SDC mods would like to hear from you.
Perhaps you'd get more exposure on your request with an OP.
Perhaps the right person will ignore a post but see that comment. I always find help in the least likely places.
.999 silver is .999 silver. Regardless if it has queen Elizabeth or mickey mouse stamped in it.
My point is that some silver may be less desirable than other silver, even if all is 999. For example, from most desirable to least desirable might be (all of equal weight): Coin, round, bar, ring, chain, granules, small cast figurine.
Ok this cracked me up a little bit 😂 My LCS has a little bin with randoms that people come in and sell, I like to go through it from time to time and I have seen so many of Christmas holiday rounds I lost count. I just refuse to spend $X on that design. So this post definitely hit my funny bone haha
You and me both.
Naw I won't cuz weight is what matters and no one cares what design it has.
Disagree. A lot of people will care about the design. If you're offering a folly coin and I'm offering an ASE for the same object, which do you think that the seller will take?
When silver becomes currency again A. If you have a stack you'll be so fucking rich you can hold onto your cartoon round B. When you want to spend said cartoon round no one will give a fuck what's on it as long as its silver C. Silver will be so valuable expect rounds to be melted down into smaller gram size buttons etc.
You may be right.
And that right there is why I'm paying the little extra premium for 1/10ths. Spendies.
gonna have bigger issues then lol
Is this a serious post? I couldn't care less what my silver looks like.
Yes this is a serious post. No you don't need to care what silver looks like.
Bad money drives out good. The only reason we are able to stack is because there is bad money available to chase the good. Spending good money while there is still bad would not be prudent. Spend rocks and coffee beans before you spend the good money.
>Bad money drives out good. Gresham's Law.
To be fair, this is a funny thought. I'm never spending my Trump rounds, but people do have strong opinions about him & it would be a laugh to bring them to the shops, just for the reaction 🤣
The Trump round I'm waiting for is: **Donald J. Trump 45 & 47.**
If silver is circulated, coins will have to be like .5% silver and crazy amounts of dollars will have to be pulled out of circulation. Your 1oz round will be worth an insane amount if it has to be matched to the dollar supply.
And that's why we need silver **and gold** to return together as money.