Currency reset question:
Does anyone have sauce on total value of US coins in circulation?
Thanks, anon.
GESARA…maybe but it's a really old theory.
Reading the text of the gold standard bill, it mentions exchanging FRNs for gold backed currency at market rate, but doesn't mention coins. Since Fed doesn't make coins, what happens?
They become worthless? (treasury default)
They trade 1:1 for silver?
They trade at same rate as FRNs?
If a Bush dies, will POTUS go to the funeral?
Found sauce on coins in circulation:
$8 billion in circulation, so roughly $25/person, or $100B value if it traded at par with 90% Ag.
Treasury could probably claw half of that back from central bank vaults.
http:// www.fleur-de-coin.com/trivials/united-states-3