Praying for President Donald J Trump & all those souls dedicating themselves to saving the world from those who seek to destroy us.
Today ounces of silver are selling ($34.01/oz) proportionally to ounces of gold ($3,142.2O/oz) at a rate of 92 oz of silver to every 1 oz of gold.
If silver is to be valued at 15 to 1 with gold either of the following would occur.
Silver would increase in value from $34/troy oz to 🔥$209/troy oz (1/15 the value of Gold which is currently $3142.20/oz)
OR
GOLD would decrease from $3142.20/oz to [15x the value of silver ($34.01/oz) ], and be valued at $510.15/oz
Within the Coinage Act of 1792 I found the following:
🔥SEC. 11. And be it further enacted, That the proportional VALUE of GOLD to SILVER in all coins which shall by law be current as money within the United States, shall be as FIFTEEN to ONE, according to quantity in weight, of pure gold or pure silver; that is to say, every fifteen pounds weight of pure silver shall be of equal value in all payments, with one pound weight of pure gold, and so in proportion as to any greater or less quantities of the respective
Bring on the New World, cause this one fucking sucks!
So silver is the play?
I have no expertise in bullion so no telling what is going to happen. I have heard for years that silver's true value is suppressed. It would seem that silver is going to increase in value.
And that is just what was predicted 4 years ago. I stocked up on some bullion.
Bring on the New World, cause this one fucking sucks!
Well, I've been stacking. Gonna stack some more today. 👍
Praying for President Donald J Trump & all those souls dedicating themselves to saving the world from those who seek to destroy us.
Either way gold and silver are holding value, while the fiat dollar is losing value. Probably wise to swap the paper for gold or silver. At least until our currency is returned to Constitutional gold back dollars.
