TO MAKE A LONG STORY SHORT...

in #sound-money4 years ago

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The "Stable" Melt Value for Gold will be $35 per ounce...

The "Stable" Melt Value of Silver will be $3.50 per ounce...

Those Melt Values will be Set in Stone...

We will have an Equal amount of Circulating Sound Money for every Bullion Coin Minted, depending on their "Face Value"......

No matter what the Melt Value might be, the Face Value of our Bullion Coins will be in Perfect Balance with the Face Value of our Circulating Sound Money...

The Face Value of our Bullion Coinage "must" always be "more" than their Melt Value...

If you can turn in a $100 Bullion Coin, for the Equal amount of Circulating Sound Money, and do the same Transaction in Reverse, where do you see a problem...???

The Melt Value for the one ounce $1; $5; or $10 Silver Eagle, will be $3.50 each...

Of the Three, which do you think will be Melted Down...???

Circulating Sound Money will back Bullion Coinage and Bullion Coinage will back Circulating Sound Money... If it doesn't work both ways, it doesn't work at all...

As a Comment...
July 6, 2020... 19.8 Hollywood Time...

As a Post...
Feel free to question or comment anything I write...
July 6, 2020... 19.9 Hollywood Time...

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These Silver Eagles will either be Collected or Melted Down...
I would personally, hold onto them, because they will always be worth more than their Metl Value...
July 6, 2020... 21.5 Hollywood Time...

They can be worth more than their Face Value, but they'll never be worth less than their Melt Value...
July 8, 2020... 14.0 Hollywood Time...

This post has received a 23.88 % upvote from @boomerang.

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