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To: GeronL
his coins were backed by actual gold and silver

As far as I know, they are gold and silver.

26 posted on 03/18/2011 3:57:16 PM PDT by DeaconBenjamin (A trillion here, a trillion there, soon you're NOT talking real money)
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To: DeaconBenjamin

that would definitely help, lol.


27 posted on 03/18/2011 3:58:11 PM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: DeaconBenjamin
Yep. Which makes confiscating tons of them okay...for the government. Especially since both gold and silver have gone up considerably.

The $64,000 question is what that does to people who bought these in re: posession of 'counterfeits'?

Are they, too subject to the siezure of their assets?

36 posted on 03/18/2011 4:27:19 PM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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