Well here it is. The official breakdown of a fiat currency
From the Royal Canadian Mint ...
20 dollar coin.jpg
So $20 of worthless fiat currency paper (or computer bits) buys you a quarter ounce silver coin with a face value of $20.
Useless paper for a quarter oz. of 99.99% pure silver with the same nominal purchasing power.
One thing is for certain, the purchasing power of the $20 bill will never increase, but you'll be holding a silver coin with a denomination of $20 in its place.
The total mintage is for 200,000 coins at $20 each delivered to my door for free & with no taxes. I am limited to ordering 10 and I am a Master Club Member.
If they would have let me, I would have ordered the entire mintage for a cool $4M cash ... and have an additional 50,000 oz. of silver to boot ... at $26.90 an oz. netting another $1,345,000 or so ...
Best deal ever.
Total breakdown.
Well done Mark Carney and Ben Bernanke.
From the Royal Canadian Mint ...
20 dollar coin.jpg
So $20 of worthless fiat currency paper (or computer bits) buys you a quarter ounce silver coin with a face value of $20.
Useless paper for a quarter oz. of 99.99% pure silver with the same nominal purchasing power.
One thing is for certain, the purchasing power of the $20 bill will never increase, but you'll be holding a silver coin with a denomination of $20 in its place.
The total mintage is for 200,000 coins at $20 each delivered to my door for free & with no taxes. I am limited to ordering 10 and I am a Master Club Member.
If they would have let me, I would have ordered the entire mintage for a cool $4M cash ... and have an additional 50,000 oz. of silver to boot ... at $26.90 an oz. netting another $1,345,000 or so ...
Best deal ever.
Total breakdown.
Well done Mark Carney and Ben Bernanke.
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