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RE: BY EXECUTIVE ORDER...

in #silver7 years ago

Are you saying that they are currently making 90% silver coins now? I know there is a predicted monetary change. Yet the idea is that there won't be enough silver to make this change happen. Even if the US forces it's citizens to turn in their silver, most of it has been bought by other countries. Yet that would explain why the banks have been keeping the price of it down.

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No... We'll never use silver or gold in our Monetary System ever again... It has become too valuable... Silver Coins will still be made, and people can do what they want with them, but who in their right mind would spend a one ounce silver coin as a Dollar...??? We will use Common Pocket Change, but I think the Value needs to be RESET to bring our Coinage back in line with the Buying Power of the Current Fiat Dollar...
@pocketechange

I see the cashless push everywhere, all digital so every transaction is taxed or bank fee clipped. So coins may just be gone.
There could be inflation which makes the value of existing coins so low that Gov would just phase them out like the Canada penny disappeared in 2012. While the Canada 2 dollar coin came out in 1987.
The change you collect may yield more being made into coin set for tourist.

The United States Congress has the Power to Coin Money and Regulate the Value thereof... I figure you didn't read any of my posts or you'd know that Coins will increase 100 Fold in Purchasing Power at the RESET and Transfer of Wealth...
@pocketechange

Actually I did read and agree it is definitely a possibility. I think something similar happened with 1DM =100RM in Germany. Have to do more research what happened with circulation coins then.

Still... This is the United States of America, not Germany... We have Article 1, Section 8 of the United States Constitution going for us... It's very Powerful...
@pocketechange

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