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<p>[QUOTE=&quot;Cloudsweeper99, post: 712785, member: 3011&quot;]I know we&#039;ll never come to an agreement about this, but I&#039;d just add two points.&nbsp; </p><p><br /></p><p>1. This analysis assumes that the current price of gold and silver is the correct price for conversion.&nbsp; But if there was additional demand as money, the prices would most likely be a lot higher.&nbsp; By some accounts, the value of the dollar has decreased by 90%+ since the gold backing was removed, and the traditional silver dollar has a melt value around $13.&nbsp; By restoring former values, a lot of your concerns disappear.</p><p><br /></p><p>2.&nbsp; There are about 5billion ounces of gold and 1billion ounces of silver in identifiable inventories around the world.&nbsp; Monetizing that at current prices is far more than the $1trillion in circulating currency.</p><p><br /></p><p>When you combine 1 + 2, it doesn&#039;t seem so impossible even on a world-wide basis.&nbsp; But I agree that it will never happen under just about any conceivable circumstances.&nbsp; On that we agree.[/QUOTE]</p><p><br /></p>

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