Has the UK setting up a gold standard currency ? QE2 has issued a proclamation that orders the creation of gold and silver coinage. - The Great Awakening

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Has the UK setting up a gold standard currency ? QE2 has issued a proclamation that orders the creation of gold and silver coinage. (privycouncil.independent.gov.uk) 🔍 Notable

posted 2 years ago by Fringe--dweller 2 years ago by Fringe--dweller +34 / -1

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– Fringe--dweller [S] 1 point 2 years ago +1 / -0

Edit: perhaps this indicates the agreed, global price of silver and gold? The current pricing of PMs are set against fiat currencies. When they vaporise, a new PM based currency will be a re-evaluation. The document states that these coins can be used as legal tender. I'm just speculating but I don't think these are simply commemorative issues.

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