I agree. It is a possibility that Mexico become the first country in the modern era to back its currency with silver/gold 100%...
This is why I think libertad is atractive for some folks...
I personally, doesn't care much about the libertad, as Mexico is not a stable developed country and I am not planning to cash out the libertad in Mexico. In another word, libertad is just another pure silver coin in other countries perspective.
What I am curious to know is whether there is a hidden agenda of govt. to confiscate legal tender gold and silver at the numeric(fiat) face value... I know it's crazy idea to even suspect about this but what if US govt, wants your America the beautiful 5oz coin for 25 cents... Scary thought to say the least.
In UK, legal tender silver coins are VAT free, but generic bullion are taxed 20% VAT.
I don't understand the logic of this...
Are they luring us to buy the legal tender coins and not the generic coins so that they can get the silver back with the cheap face value? Just a crazy thought..
Disclaimer: it's all iMo~
