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Sask | Yes, and it is even more likely to occur if you desire physical metal, not just settlement in fiat.
Now let's go a step further.
Let's say there are people in power who understand the fiat currency scam and how it puts the power into those who control the fiat. In this case it is the central bankers and their associated banking entities. And therefore there are people who don't want that control within the banking cartel and so they have decided fiat is not the proper way to run an honest system.
So they decide to have a commodity backed currency system. Whatever commodities doesn't matter, gold, silver, wheat, oil, but basically saying the currency is anchored to things of value vs the western fiat system where fiat creation is at the whims of an unaccountable few.
This then leads to a problem. The present system sets the price of gold and silver using infinite paper contracts backed by nothing. That is no way for countries to move forward with a system of currency backed by physical goods if another party (particularly a party that had everything designed to favor their schemes - aka banking cartel) can go crap in the sand box by further manipulating gold and silver prices.
It would therefore seem logical that if countries were going to start using gold and silver as backing for their currency, then they need to eliminate the big player that sets pricing with infinite paper and nothing to back it up.
I mean, in simple terms: can we operate with gold and silver backed currency like 1970 did, while there is an entirely creating unlimited paper equivalents of the exact thing you agree must not be fictional.
And if the answer is no, 1970 can't work while the comex exists, what would be the likely requirement to get back to 1970. | |
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Shanghai or comex which is the real silver price?
