[Drumbo]

As Platinum is going for $1573.50 an ounce I am wondering how big these coins will have to be?

(1 trillion / 1,573.50 dollars per oz) / 16 oz per lb / 2000 lbs per ton = 19,860 tons

From what I can find ...
"... the Treasury is explicitly allowed to mint however many platinum coins it wants and can assign them whatever value it pleases."

That raises as many questions as it answers. How would arbitrarily assignment of value effect the spot price and how would that devalue other precious metals? How is this any different from printing billions in "digital" money by buying their own bonds? The inflation that is waiting to unleash when the bubble burst is staggering. The dollar is being devalued with every Quantitative Easing scheme and this would be no different. Just a gimmick.

[Flick Lives]

That raises as many questions as it answers. How would arbitrarily assignment of value effect the spot price and how would that devalue other precious metals? How is this any different from printing billions in "digital" money by buying their own bonds? The inflation that is waiting to unleash when the bubble burst is staggering. The dollar is being devalued with every Quantitative Easing scheme and this would be no different. Just a gimmick.

All good points. It is a gimmick. Minting the coin out of platinum just gives it a veneer or respectability. They might as well make the coin out of plastic or Play Doh. Assigning it such an absurdly high 'value' is just plain deceitful thinking.