The penny died because its metal was worth more than its face value… what happens when silver does the same thing to the system?

In the 1980s, the U.S. quietly admitted something uncomfortable… The copper in a penny was becoming more valuable than the penny itself. So what did they do? They switched the penny to mostly zinc. But by 2000s even that zinc got too expensive. Now the penny is basically being phased out.

Now zoom out. Silver used to be money. All that Silver Constitutional money ceased by production by 1970. But unlike the penny, they couldn’t just swap out the core mental without exposing the entire illusion. They removed silver from the coins, financialized it into paper markets, suppressed volatility through derivatives and detached price from physical reality.

Heres the elephant in the room… The 2000s commodity boom was driven by China and the cost to produce pennies never came back down. To where now we are phasing out pennies.

China now controls the silver market in terms of new production. SGE has been driving up the price through arbitrage pressure. And there is no replacement for silver for defense and advanced tech sector needs.

https://preview.redd.it/hzk6ui8wdytg1.png?width=1254&format=png&auto=webp&s=529972d278fc4f98059bb16a894ec250360cebe1