The melt value of Gold is going “as high as” $90 per ounce in Sound Money…. It’s currently about $39 per ounce in Sound Money… Silver is currently under $0.50 in Sound Money, and going to $9.00 per ounce… This lets me know Silver and Gold are on sale, big time…
Of course, if you are creating your own currency, you can pick a silver/gold ratio as you wish. I was referring to USD terms. Problem is that nobody will sell you a piece of precious metal for a fictive currency 😃
The melt value of Gold is going “as high as” $90 per ounce in Sound Money…. It’s currently about $39 per ounce in Sound Money… Silver is currently under $0.50 in Sound Money, and going to $9.00 per ounce… This lets me know Silver and Gold are on sale, big time…
What is "sound money"?
Our Stable Coinage will all be considered Sound Money.. It will range from $0.0001 Electronic Decimal Cent to a “Circulating” $100 U.S. Gold Coin…
Of course, if you are creating your own currency, you can pick a silver/gold ratio as you wish. I was referring to USD terms. Problem is that nobody will sell you a piece of precious metal for a fictive currency 😃
I have over a thousand blogs on the subject…. I’m always open to questions…