Up to $9,000 Gold and $900 Silver...
This is what we would say "if" we Measured the "Melt Values" of Gold and Silver, using Fiat USD's...
I hope you don't mind using Smaller Numbers...
When Measured in our Corrected Silver and Gold Coinage and the Currencies they back, the Melt Value of Gold will go "as high as" $90 per ounce and the Melt Value of Silver will go "as high as" $9 per ounce...
The U.S. Treasury will Pay up to $90 for an Ounce of Gold and Mint $100 in Corrected Gold Coins...
The U.S. Treasury will Pay up to $9 for an Ounce of Silver and Mint $10 in Corrected Silver Coins...
The Melt Value of Gold and Silver will be allowed to Fluctuate in Value, but must remain Ten Percent lower than the "Face Values" of our Silver and Gold Coins...
I can't rule out the possibility of Up-Grading the Face Values of our Silver Coins for a Silver/Gold "Coin" Ratio of 1 to 1...
This could send the Melt Value of Silver "as high as" $90 per Ounce, equal to the Melt Value of Gold...
I'm okay with that happening later on, but for "now" I'd like to have a 10 to 1 Silver/Gold "Coin" Ratio...
Let me know if you have any thoughts about the Silver/Gold "Coin" Ratio...
By the way...
Every time "We the People" Mint a Corrected Silver or Gold Coin, the U.S. Treasury will be "allowed" to "issue or back" an equal Face Value amount of Physical or Electronic Currencies...
This will put our Currencies in Perfect Balance with the Silver, Gold and Collector Coinage used to back them...
I like the thought of being in "Perfect Balance"...
Our Corrected Coinage will be used to "Make Change" for our Corrected Silver and Gold Coins...
Our Electronic Coinage will be used to "Make Change" for our Clad and Paper Coinage...
Yes, I wrote Paper Coinage, but I think our Electronic Dollars, Cents and Decimal Cents will be a Big Hit, all over the World...
It's possible other Countries will also like having our Paper Coinage, denominated in Cents, "not" Dollars...
Our Paper Coinage will range from One Cent to One Hundred Cents...
They may even look similar to the Old Fiat USD's...
Feel free to question anything I write...
Depositories will not be necessary, once we have our Corrected Silver and Gold Coins... Gold and Silver are "not" Money, until they become Coins... Coins are Monetary Tools, used to Measure Value...