Gold may have a market cap of $11 Trillion, but you’d be hard pressed to gather up all the gold bullion in the world, put it in one pile, and expect to have even half as much gold in Troy Ounces that would equal $11 Trillion at today’s valuation.
There is about as much paper gold floating around as physical gold.
The fed needs to convert US debt into something, printing more dollars will only create more inflation. Converting US debt into FEDCOIN and making other electronic money illegal fits the bill! (Pun intended)
Has side benefits of tracking and taxing every transaction.
Paper money will still exist but will be like travelers checks, one use only.
Illegal drug trade and other cash operations will be more difficult barter transactions.
The fed needs to convert US debt into something, printing more dollars will only create more inflation. Converting US debt into FEDCOIN and making other electronic money illegal fits the bill! (Pun intended)
Has side benefits of tracking and taxing every transaction.
Paper money will still exist but will be like travelers checks, one use only.
Illegal drug trade and other cash operations will be more difficult barter transactions.
It's worse for Silver.
No matter, all the more reason to stack.
Be aware of Basel III's new regulations. Be aware of Tier 1 vs Tier 3 metals. Be aware of COMEX rule 589.
Again, YMMV.