explicitClick to confirm you are 18+

United States Needs a Silver Coin Revolution

NetjrApr 14, 2018, 3:43:11 PM
thumb_up14thumb_downmore_vert

The United States produces a wonderful silver coin called the American Eagle.  Canada has a silver Maple Leaf.  Mexico, Australia and many other nations do the same thing and they are all doing it wrong.  #Mexico is doing it the worst as their coin has zero monetary value.  #United States is doing it the next worse as our coins have a $1.00 face value.  The US coin above is a Washington Half Dollar which is nearly a 1/2 ounce of silver and worth only .50 cents in monetary value.  Why does monetary value matter?

The best of the lot here is the #Canadian Maple Leaf which has a face value of $5 in Canadian money.  The reason monetary value matters is applied to history.  It is called "deflation."   Most #preppers and #prepared people fear hyper inflation and #hyperinflation is far more likely than #deflation but it can exist.  When it does exist it is devastating.   If the Government's of the world really had their people in #mind they'd issue different #silver (and #gold) coins.  They could even use this as an opportunity to create some funds to pay off debts.

My recommendation is simple.  The US should produce a one ounce silver coin with a face value of $50.00.  The coin would thus be made available to the public for $50.00.  You may remember when GW Bush handed out billions of money to tax payers as an economic stimulus?   Well #Trump I advise you to do the same and give each household $100 in the form of two of these coins. The masses will sadly spend them, but some will hold.  The silver is a #hedge on inflation and the face value a hedge on deflation.  The people are thus served, protected and prepared.