Go Back

L&F Asks About Debt, Trillion-Dollar Coins, and Gold vs. Silver

by Lobo Tiggre
Thursday, October 07, 05:00pm, UTC, 2021

 

Several interviewers have asked me about the ridiculous idea of the US government "paying" its debts with trillion-dollar platinum coins, but Liberty and FInance's Elijah Johnson put his finger on something important when he asked why it had to be platinum. It can't be gold, of course, as that would make gold legal tender again. But the need to use something real and objectively valuable is telling. We also covered that changing role of silver as an industrial as well as a monetary metal, and how resource speculators should navigate country risk around the world.

 

 

 

Think. Speculate.

Facts and insights to navigate the markets. Delivered FREE.

MEMBERSHIP INCLUDES
  • Free digest with fresh investment-related news and ideas on a daily basis.
  • Free reports on investment ideas for speculators.
  • Honest, unbiased trend analysis
  • Heads up on events, appearances, and other educational opportunities.
Education

Forever Free subscription

MEMBERSHIP INCLUDES
  • Monthly Newsletter Subscription
  • Requests
  • Free Access to Blog
  • Books and More
My Take

$500 (SAVE: $100) for 1-year subscription

$50 for monthly subscription

MEMBERSHIP INCLUDES
  • Field Trip Invitations
  • Free Educational Media
  • Free Access to Blog
  • Books and More
  • Monthly Newsletter Subscription
  • Conference Invitations
The Independent Speculator

$3,000 for 1-year subscription

$1,000 for quarter subscription