#279 Silver is King
Hello all,
I am back after 10 months away and looking forward to posting here at least once a day. With that out of the way I look forward to chatting with everyone and seeing how life on the Steem is going.
As for the title it says everything that is needed to be said. Silver has been making some nice gains and hopefully will continue with this trend. I can see great or potentially terrible things on the horizon and I think silver is a great hedge.
Hope everyone is well.
I came up with the Final and Stable Melt Values for Gold and Silver...
Due to the Corrections I felt were necessary for the Face Value of our Gold and Silver Coinage, the Melt Value of Gold will be $70 per ounce, and the Melt Value of Silver will be $7 per ounce...
If measured in Digital or Federal Reserve (Slave Unit) Notes, that would be $7,000 for Gold and $700 for Silver...
February 9, 2021... 10.2 Hollywood Time...
That would seem like the right number to me. However, like anything that rises in price demand shrinks. Everyone is so use to cheap silver that when the price shoots up they stop buying which drives the price down. It’s a circle of life for silver. High, low, high, low. Too much silver not enough silver.
It's true that the price of items will continue to Fluctuate, due to Supply and Demand, but U.S. Bullion Coinage shall remain Stable... I do have a "Back Up Plan" in case the Price of Silver Jumps over $7 per ounce, in Bullion Coinage...
February 9, 2021... 16.7 Hollywood Time...
One always has to have a plan good sir! Stay safe