A COMMENT FOR ALL TO SEE...
Just a few minutes ago, I made a comment on a post...
I figure, it's worth the attention of all Steem Silver Gold Members and their Followers...
Here it is...
pocketechange (54) · 19 minutes ago
As per my Theory, Gold and Silver Rounds, and Bars, are Currently under-valued...
Using your figures above and my P. C. Theory, Gold is currently at $1,224.90 and Silver is at $15.62...
My Theory calls for a 100 Fold increase in the Buying Power of all U.S. Coinage, along with a new U.S. Trade Dollar and the activation of the new U.S. Crypto-Dollars and Decimal Cents...
This would mean that "after the Reset" of U.S. Coinage, Gold would be $12.249 per ounce and Silver would be at 15.620 Cents per ounce...
This tells me Gold and Silver are at Bargain Prices, right now...
The minimum price for Gold right now, should be $3,500 and Silver should be at least $100 per ounce...(in my opinion)...
P.S... If your Ounces happen to be in United States Bullion Coins showing a Face Value, then they will be worth much more when compared to the mere Weighted Value of Generic Gold Rounds...
$10,000 for a U.S. One Ounce Gold or Platinum Bullion Coin, showing One Hundred Dollars in Face Value...
As always, feel free to comment...
Does this theory apply to foreign denominated gold and silver with a Face Value, or does it fall back to the melt value divided by 100?
P.S... If your Ounces happen to be in United States Bullion Coins showing a Face Value, then they will be worth much more when compared to the mere Weighted Value of Gold...
My Theory only pertains to U.S. Coinage... If you happen to have a 100 Dollar, Gold or Platinum U.S. Bullion Coin, it will have the Reset Purchasing Power of 10,000 Federal Reserve Note Dollars... An ounce of Generic Gold, Silver or Platinum Rounds will not increase in Purchasing Power, the same way as the U.S. Bullion Coins... It's similar to what I mentioned in a comment weeks ago... After the Reset, 3 Copper Coated Zinc Penny's will buy you a Pound of Pure Copper... The same Rule will apply to Generic Rounds of Gold and Silver... You'll be able to buy them with Pocket Change... You're outside the Country, but I'm sure you're still able to purchase some U.S. Bullion Coins...
US Bullion does not turn up too often, but usually in this order, Krugerrand, British King George, Australian Kangaroos, Middle East (UAE, Turkish, Iran)
All the ones you mentioned will not play a part in the U.S. Coinage reset... They, like everything of Value, will be Measured as per my P.C. Theory, here in the United States... What happens where you are will become a Smooth Transition, into our Monetary "Tool" used to Measure Value... I'm sure there are places where you live where you can do Currency Exchanges... I can't wait until you're telling me about the Redemption Period... I'm sure there are plenty of Federal Reserve Note Dollars where you are...
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