With the 600 odd plane loads that Jan Halper mentioned .....A revaluation to the 12632 level would quite be interesting and devastating to the FED.
It would totally, obliterate debt positions. ( based on current value: divided by 6). Suddenly your mortgage of 600.000 dollars ( at current value 300 ounces) would become 50 ounces.
The silver stackers would totally lose it for laughing as the revaluation would indicate a 60x value increase.
The 600.000 FRN mortgage would decrease from 24.000 ounces of silver to 400.
44T in devalued FRN against Gold and Silver? See Zimbabwe for a live demonstration.
The problem is we are programmed to regard prices as values when noted in FRN. We have no clue as to what value is because of the divorce between Gold/Silver and prices due to suppression of the PM-prices.
What makes up the difference is production capacity. That is what makes products cheaper in terms of FRN. By manipulating the amount of FRN in circulation, by pushing people and business into debt ( quite a kingly habit) prices increase, which requires the rise of the money supply. Which in turn, exacerbates the divorce from actual value.
Where Gold and Silver, or other non-consumables, can be regarded as a value for value, energy for energy transaction, the FRN is not such a transaction. Yes, it is a medium of exchange, but without value. So, it cannot represent the energy required to replenish what is given to produce a product, and adds no wealth.
Add to this, the scheme to make FRN's with FRN's, either by insider trading or interest manipulations, and interventions in the PM market to suppress prices in the Siloed FED Casino, and you have the framework on which people have no footing in reality anymore.
What gives? 99% of the once value of the Dollar is gone up in smoke. This goes for any fiat currency. 99%! Toilet paper has more value than the dollar, whichever dead president is printed on it. The only difference between the ZIM and the USD is, that the ZIM has no international use supported by military force and sanctions.
come to think of it: a 1000 dollars toilet seat in airplanes? We tend to think in terms of money laundering. But, perhaps, we just have to consider that those 1000 dollars, actually represents half of a troy-ounce of gold coin. Even worse when considering that we actually have to divide the it by 6 again 2.6 grams.
Which of course is still an exuberant price, but less than one would think.
With the 600 odd plane loads that Jan Halper mentioned .....A revaluation to the 12632 level would quite be interesting and devastating to the FED.
It would totally, obliterate debt positions. ( based on current value: divided by 6). Suddenly your mortgage of 600.000 dollars ( at current value 300 ounces) would become 50 ounces.
The silver stackers would totally lose it for laughing as the revaluation would indicate a 60x value increase.
The 600.000 FRN mortgage would decrease from 24.000 ounces of silver to 400.
And the FED would be fed worthless FRN's.
When you say obliterate debt positions..........
Strange thing, when I click the the time machine forward on the clock to 2027, it shows our projected debt to be $44T.
What gives?
Federal Reserve fiat currency is tied to nothing.
u/#q2619
44T in devalued FRN against Gold and Silver? See Zimbabwe for a live demonstration.
The problem is we are programmed to regard prices as values when noted in FRN. We have no clue as to what value is because of the divorce between Gold/Silver and prices due to suppression of the PM-prices.
What makes up the difference is production capacity. That is what makes products cheaper in terms of FRN. By manipulating the amount of FRN in circulation, by pushing people and business into debt ( quite a kingly habit) prices increase, which requires the rise of the money supply. Which in turn, exacerbates the divorce from actual value.
Where Gold and Silver, or other non-consumables, can be regarded as a value for value, energy for energy transaction, the FRN is not such a transaction. Yes, it is a medium of exchange, but without value. So, it cannot represent the energy required to replenish what is given to produce a product, and adds no wealth.
Add to this, the scheme to make FRN's with FRN's, either by insider trading or interest manipulations, and interventions in the PM market to suppress prices in the Siloed FED Casino, and you have the framework on which people have no footing in reality anymore.
What gives? 99% of the once value of the Dollar is gone up in smoke. This goes for any fiat currency. 99%! Toilet paper has more value than the dollar, whichever dead president is printed on it. The only difference between the ZIM and the USD is, that the ZIM has no international use supported by military force and sanctions.
come to think of it: a 1000 dollars toilet seat in airplanes? We tend to think in terms of money laundering. But, perhaps, we just have to consider that those 1000 dollars, actually represents half of a troy-ounce of gold coin. Even worse when considering that we actually have to divide the it by 6 again 2.6 grams.
Which of course is still an exuberant price, but less than one would think.
Did I read that right?
Are you saying once the switch is flipped, a $600,000.00 mortgage will be able to be paid off with 50oz of silver?
Metals are surely undervalued, but how things are matched to existing debt notes in FRNs is going to be curious.
The issue is that mortgages are denominated in USD. It should have been FRN.
So, yes, I was indeed somewhat facetious to make a point. And the point is value. Generally, we have no clue,
An artisan in 1910 made about $2,300-$2,600 a year in real money.
Makes sense considering an “artisan” is making $110,000-$200,000 today.
Where I get stuck though is that $2,300 would be 2,300 oz, or 143 lbs, or 9,200 quarters, and worth about $53,000 current cash value.
I don’t see how $600,000 would translate over to 50 oz. Because of the unbelievable fraud involved in having done all this?
2300 ounces would translate into 60.000 current FRN. Turn it around.
What would 2300 Troy ounces buy you? That is where value starts to arise.
Headline: Mr. T richest man alive! https://images1.persgroep.net/rcs/MW5vRumTuA1G5VAFDbM1D9ohHtE/diocontent/76834755/_fill/1351/900/?appId=21791a8992982cd8da851550a453bd7f&quality=0.9
wtf this would be awesome bring back real value to things.