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<p>[QUOTE=&quot;fatima, post: 1164704, member: 22143&quot;]Last year, the US Mint sold 42 million (or something like that) ASEs.&nbsp;&nbsp; So at avg. price of $25oz, this was a little over a billion dollars worth of silver.&nbsp;&nbsp; This amount now represents about 4 hours worth of federal spending.&nbsp;&nbsp; i.e.&nbsp; It wouldn&#039;t even be noticed.&nbsp; </p><p><br /></p><p>Funny thing about gold however, the US government holds it at a value of $42/oz.&nbsp;&nbsp; Now keep in mind this is the value expressed in lawful US dollars which don&#039;t exist now except for the notes that people hold as collector&#039;s items.&nbsp; You can see this $42 on the Federal Reserve asset sheet.&nbsp;&nbsp; Of course in Federal Reserve dollars the value is north of $1510 but this is confetti that the actual government doesn&#039;t recognize as any meaningful asset when it comes to its own preservation of wealth.&nbsp; (If you don&#039;t understand this right off, think about it some.)[/QUOTE]</p><p><br /></p>

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