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RE: Coin Roll Hunting (CRH) Does anyone do this regularly??? :D
Interesting. Gresham's Law will, eventually, drive the silver coins, out of the banks vault, too.
Interesting. Gresham's Law will, eventually, drive the silver coins, out of the banks vault, too.
Gresham's Law (Bad money drives out the Good Money, out of circulation, that is) can also be REVERSED. If TRUMP goes ahead and backs the U$D with GOLD, as Jim Rickards suggests will happen, then the non-backed fiat of all countries will be chased out of circulation by Good Money!
But I have seen little movement that direction. Bix Weir (roadtoroota.com) is saying that he believes the Good Guys are going to use the cryptos to usher in the required changes to the monetary system. IMO it will still be necessary to back the U$D with Gold, but that will be much easier to use crypto to make the changes, I believe.