Typically silver and copper are used as the circulating coinage and gold coins or gold certificates are used for larger denominations and “store of wealth”. New currency approach is likely to be similar to pre-1873 with Coinage Act of 1873 effectively nullified.
Note that demand for electric vehicle construction and “Green Energy” projects are using a very large % of mined silver and copper supply. A boom in single family home building (2025?) would exhaust most copper supplies similar to 2006-2008. Silver mines already unable to produce enough to meet demand, but suppressed silver prices are preventing needed mine buildout. Much higher silver prices potentially solves LOTS of “artificial problems”, worldwide.
The Silver price is artificially low due to paper contract throwing ( dwarf throwing) by the FEd and their silo-ed speculators (specs)
Given the current price, the value paid for industrial end-fabrications containing silver is flowing to the producers of that fabrication, not the miners.
If only they would say: look: for that amount, I am not going to sell you one ounce! Fuck off, and come back when you cooled off and bring at least 200 dollars per ounce for Silver and 3000 for Gold.
Because there will always be takers at those amounts ..... Why does that not happen?
Typically silver and copper are used as the circulating coinage and gold coins or gold certificates are used for larger denominations and “store of wealth”. New currency approach is likely to be similar to pre-1873 with Coinage Act of 1873 effectively nullified.
https://en.m.wikipedia.org/wiki/Coinage_Act_of_1873
Note that demand for electric vehicle construction and “Green Energy” projects are using a very large % of mined silver and copper supply. A boom in single family home building (2025?) would exhaust most copper supplies similar to 2006-2008. Silver mines already unable to produce enough to meet demand, but suppressed silver prices are preventing needed mine buildout. Much higher silver prices potentially solves LOTS of “artificial problems”, worldwide.
Good info. Thanks.
Good info.
One observation, though.
The Silver price is artificially low due to paper contract throwing ( dwarf throwing) by the FEd and their silo-ed speculators (specs)
Given the current price, the value paid for industrial end-fabrications containing silver is flowing to the producers of that fabrication, not the miners.
If only they would say: look: for that amount, I am not going to sell you one ounce! Fuck off, and come back when you cooled off and bring at least 200 dollars per ounce for Silver and 3000 for Gold.
Because there will always be takers at those amounts ..... Why does that not happen?