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<p>[QUOTE=&quot;medoraman, post: 1839968, member: 26302&quot;]How was it not? You do know that most currencies frequently traded at much higher rates than any value of the metal in them, right? Even in the &quot;good old days&quot; of silver dollars in the US there were times the silver in them were worth less than fifty cents. Maybe we are living in the good old days today. Maybe our grandkids will never believe we could buy all of the nickels we wanted for face value when melt was much more than five cents. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Think about it. Today each dollar can be exchanged for over a dollar melt of nickels, yet 100 years ago four quarters only melted for about 70 cents. Why are they the sound money days, and today worthless fiat?[/QUOTE]</p><p><br /></p>

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