A very good question. I'm guessing gold is going to be the base, and everything else will be measured by it; i.e. gold will be a "currency," where some amount of gold (say, 1g, or maybe 1/20th of an oz) will be worth exactly one "X," where "X" is a... something. Maybe it will be called a dollar, maybe it will be called a pound, maybe a Teef, maybe something else entirely, whothefuck knows (or cares, frankly).
I think the value of pretty much anything that can reasonably be linked to a blockchain system (such as stocks, art, land, PMs, etc.) will be assigned into that system with gold as the base.
So what would silver be worth in such a system? Well, the market will decide. Currently the demand is very high (quite a bit more than our collective mining output). That should put it at about 1/7 of gold. If you can easily exchange silver in such a pseudo barter system (like it was for a few millennia (or eons?)), the demand might go even higher.
I suggest silver could be worth quite a bit relatively speaking, and gold would be worth about $20 dollars per oz.; exactly as it was when we started this mess in 1913. Of course how much a dollar is worth would be based on how well our economy does (relative to average income).
Since a dollar isnt a dollar but about .001 cents and about to be snuffed out. As long as some measure of gold is equal to 100 cents I do not really care how its valued. The currency it backs has to reflect the pricing of goods and sercices. The current values of things are at least 9x overvalued due to the debasement of the dollar. So we either devalue everything wages and all by 9x plus or we raise the value of gold 9x and fractionalize it for use with a currency to reflect that including a non precious coinage and a blockchain DIgital currency which people can choose between.
Another one is coming e.g. Shutdown, Darkness, Arrest, Insurrection & Financial Reset.
What would a financial reset do to the value of silver and gold?
A very good question. I'm guessing gold is going to be the base, and everything else will be measured by it; i.e. gold will be a "currency," where some amount of gold (say, 1g, or maybe 1/20th of an oz) will be worth exactly one "X," where "X" is a... something. Maybe it will be called a dollar, maybe it will be called a pound, maybe a Teef, maybe something else entirely, whothefuck knows (or cares, frankly).
I think the value of pretty much anything that can reasonably be linked to a blockchain system (such as stocks, art, land, PMs, etc.) will be assigned into that system with gold as the base.
So what would silver be worth in such a system? Well, the market will decide. Currently the demand is very high (quite a bit more than our collective mining output). That should put it at about 1/7 of gold. If you can easily exchange silver in such a pseudo barter system (like it was for a few millennia (or eons?)), the demand might go even higher.
I suggest silver could be worth quite a bit relatively speaking, and gold would be worth about $20 dollars per oz.; exactly as it was when we started this mess in 1913. Of course how much a dollar is worth would be based on how well our economy does (relative to average income).
Well hopefully the value of the dollar rises dramatically, and the price of everything goes down relatively for the adjustment.
Like minimum wage being $1.25 again kinds of dramatic.
Since a dollar isnt a dollar but about .001 cents and about to be snuffed out. As long as some measure of gold is equal to 100 cents I do not really care how its valued. The currency it backs has to reflect the pricing of goods and sercices. The current values of things are at least 9x overvalued due to the debasement of the dollar. So we either devalue everything wages and all by 9x plus or we raise the value of gold 9x and fractionalize it for use with a currency to reflect that including a non precious coinage and a blockchain DIgital currency which people can choose between.