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<p>[QUOTE=&quot;ROLLJUNKIE, post: 1795714, member: 36257&quot;]If the United States ever went back to a silver standard, wouldn&#039;t the only option be massive deflation?</p><p>&nbsp;</p><p>Here are a couple things that lead me to this conclusion:</p><p>&nbsp;</p><p>Silver eagles are marked as one dollar and are considered legal tender. Although never intended for circulation, you can spend them just as any other one dollar reserve note. This being the case, if one dollar worth of silver were to be 480 grains, they would need to deflate the money supply appropriately to bring silver back to this price.</p><p>&nbsp;</p><p>The problem with this with the current gold/silver ratio would put a value of around $60 for a $50 gold eagle. If they went to a gold standard, your silver eagle would only have about $.85 cents worth of silver in it by my calculations.</p><p>&nbsp;</p><p>I would think this would not only leave all countries with a dollar reserve holding the bag, it would also wipe out the savings for most of the baby boomer generation.</p><p>&nbsp;</p><p>Where am I going wrong....[/QUOTE]</p><p><br /></p>

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