Silver Stackers Union

[AlwaysRed]

Think critically, answer these questions:

There will never be a gold backed currency again. It is a sales tactic. They have been saying that for decades too. It is impossible to have a sound currency in a debt based interest bearing economic system. You can't have something sound pegged to something that needs expansion in perpetuity.

All currencies in the entire world would have to be backed by gold simultaneously.

How is that possible?
Where would all the gold come from?
How could every central bank in the world back every currency with gold at the same time?
If they only backed one, there would be massive demand for the one currency while all the others would crash.
Where would all the currency that is backed by gold come from?
How would it properly be allocated?
When was the last time you saw gold in circulation?

The idea that there could possible be a gold standard is ridiculous.

So when they make gold and silver legal tender......

Do all of the banks start holding gold and silver?
Do all the stores in the US start holding gold and silver?
How do we account for daily price fluctuations when spending gold and silver?
How do you make change for purchases and sales in gold and silver?
Where do all of the businesses and banks get the gold and silver to trade with?
Do the businesses hold gold and silver in a vault on location daily so they can trade with it?
What type of infrastructure is in place to be able to accommodate transactions with gold and silver?
What if you go to a gas station and start pumping gas and then the money vultures SMASH silver by 1 dollar while you are pumping gas? How do we account for that?
Where will the average citizen get gold and silver to transact with?
Who owns all the gold and silver?
Would we have to buy gold and silver from the banks to transact with?
Would the sales of goods and services include the premium price of gold and silver?
How do we save the gold and silver that we are not transacting with? In our houses? In banks? Where will the banks hold the gold?
Will there have to be a new system created beside the existing system for the banks to be able to hold gold and silver and know how much is yours?
How will we hold the banks accountable so we know that they actually have our gold?
Will all of the retailers and banks have to assay the gold and silver prior to exchange to know that the coins are authentic?
Will every transaction have to dye test the metal to see if it is real?


You have to understand the economic system. You have to use common sense to understand the impossibility of there being a gold backed currency. It would be literally impossible.