New Private Currency Uses Bills Filled With Real Gold

[Swiper]

“New Private Currency Uses Bills Filled With Real Gold”

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Tuffoldman]

I hold silver but no gold due to cost. This is very interesting.

 

[ceo]

I hold silver but no gold due to cost. This is very interesting.

Silver has many industrial uses too...infrastructure and new, "clean" energy trends.

This presents a good case for silver to have a nice run, especially if another infrastructure bill gets passed (true infrastructure, not social infrastructure BS).

Gold to silver ratio is 40% above its 50 year average, which means silver is cheap relative to gold (best time to buy silver was March 2020, when the ratio was the highest its ever been). This ratio has been over its 50 year average for over a decade, so historically it is overdue for a plunge. We will either see lower gold prices, or higher silver prices. Most likely it will be higher silver (probably higher gold too).

Throughout most of history, gold has sold around 15 times the price of silver. If the gold to silver ratio were to get back to that level, silver would be $122.

At silver's current price around $23, it looks like a good time to buy silver.

Sent from my SM-G781V using Tapatalk

 

[myosin]

Silver has been manipulated to be low for a long time... it will go up.

 

[Swiper]

“A Paradigm Shift Western Media Hasn't Grasped Yet" - Russian Ruble Relaunched, Linked To GOLD & Commodities”

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Swiper]

“Texas Committee Passes Bill to Create 100% Reserve Gold and Silver-Backed Transactional Currencies”

Texas Committee Passes Bill to Create 100% Reserve Gold and Silver-Backed Transactional Currencies

On May 2, a Texas House committee passed a bill to create 100% reserve gold and silver-backed transactional currencies. Enactment of this legislation would create an option for people to conduct business in sound money, set the stage to undermine the Federal Reserve’s monopoly on money, and...

schiffgold.com

Awesome!

 

[Warhead14]

Ron Paul is still right...

 

[Lil Ed]

This will be a collectors item someday after it fails.

 

[jipped genes]

“Texas Committee Passes Bill to Create 100% Reserve Gold and Silver-Backed Transactional Currencies”

Texas Committee Passes Bill to Create 100% Reserve Gold and Silver-Backed Transactional Currencies

On May 2, a Texas House committee passed a bill to create 100% reserve gold and silver-backed transactional currencies. Enactment of this legislation would create an option for people to conduct business in sound money, set the stage to undermine the Federal Reserve’s monopoly on money, and...

schiffgold.com

Awesome!

Texas, Greatest country in the USA!

 

[JackD]

Haha I don’t think TX is that great. They should take some of that gold and upgrade the power grid. Whether this gets to the actual floor for a vote or not, like all politicians, unless it’s benefiting them and lining their pockets, it’s not going anywhere.