Americas Silver Corp fka USAPF

[downsideup]

"To collateralize the world's present amount of U.S. currency ONLY,would take more gold than exists right now ,(at present dollar value/gold ratio), so a huge dollar debasement will be assured."

I agree with that... not the silly bit about "more gold than exists"...

Take the amount of gold there is, divided between the number of dollars that there are... but, how much gold is there, and how many dollars are there ? The lack of a standard is what allows creating "air dollars" the same way they create "air shares".

Will gold be $10,000 an ounce... if you re-monetize and connect each dollar that exists to a fixed value in gold ?

http://www.fms.treas.gov/gold/current.html

261.5 million ounces.

If BOA alone has $75 trillion in derivatives liability... that is, $286,806 dollars per ounce... just to have the gold in the US cover the derivative liability of one bank.

You still think they'll allow re-monetization, without first taking the gold... so that the effort in re-monetization doesn't end up transferring all that "value" from those who own it now, to those who own gold, now ?