The dollar has lost 99% of its value since 1913.
There is a reason for that.
What is thee price of gold now to which the govt took up? They took up silver coins and finally made them clad too
The govt also took up silver $1 coins in 1960 and even copper under Reagan. Around 1981 even copper pennies became zinc based with copper coatings. The govt was asking everyone to stop hoarding copper coins and turn them in under Reagan. Ppl had gave themup by truck loads for trading in for the paper money.and clad coins
The dollar bill cotton linen rag basically replaced old $1 silver dollar coin when content of silver was reduced. There use tobe a $1 dollar gold coin but they were tiny. We sold off massive amounts of gold and suppose bought silver think un FDR.
There were millions of the $1 gold coins in later 1800. The silver coins took place of them.
The rag actual worthless bills were good for ppl snorting coke aka used them like straws. After Civil War ppl burned confederate bills - paper as fire starter. Ppl only trusted precious metals. There was a nickle that got gold plated and passed as $5 gold piece. Counterfeiting was common. Right now would avoid most old gold coins as a lot of the $1 gold coins that remain are possible fakes.
I had hobby collecting old coins ..... the govt proved all money belonnged to them with gold coins.... forcing turn in during FDR. Think there was another time and push in 1970s. Look it up.
Paper bills are worthless. In 1900s bills were issued from govt called silver certificates where could trade them for silver. That stopped too. Can still find them in circulation from time to time. Money was backed by so called precious metals....
Computers and circuit boards use to be made with lot of precious metals too. Most all connectors were gold coated. Ppl would get the old circuit components and metal them down to recover precious metals in 1980s. I knew a business man that became very wealthy because he voltuneered to get rid of all those land fill items for free..... shss he recovered platinum gold and silver made a fortune. The govt shipped him FREE 55 gallon drums of the circuit boards to his foundry - dispose of them. He got a lot of paper money for his efforts. He polluted.the air big time with his foundry. When EPA cracked down on him he went to black hills in Dakotas and started gold mining.
He converted his paper money into the tri color gold business and supposedly made a fortune in 1980s.
Like this.
Even if you’ve never heard of Black Hills gold, you’ve likely seen its signature design. Alloys of rose and green gold, along with bright yellow gold, are used to form polished grapes and textured leaves. This motif adorns everything from rings, to cross pendants, to earrings. Black Hills...
www.marketsquarejewelers.com
The govt does not have a claim to gold jewelry vs coins. So... btw Gold Maples are usually real good for high quality gold - content. The USA cant claim them but can make illegal based on transport importations like the South African Gold and Russian Gold coins. Probably done others too with foreign money. EMBARGOS. The Govt are CONTROLLING Assholes.
Apartheid Govt was crashed. Then afterwords resources precious metals and things like diamonds were exploited ..... Hillary Clinton made decent return on those illegal investments back in days. It was illegal for others to invest but not that bitch.
I dont tthink there is much to like about this touted bill . The govt is rogue and not in control of We the Ppl