RE:RE:RE:RE:Why did silver go to 50 in 1980Good explanation. But i think the problem lies in that most of the wotld's wealth resides in the US and Europe. Its ok when argentina, mexico, etc default on thier debt and the imf extends or forgives loans. These are small players and the big players manage them to keep stability in the world. Now we have the big players facing the currency crisis. No one to come to thier rescue....very different and dangerous situation. If the US for example came out with a new dollar and said the old dollar was worth 1/10 of the new one, this would be unacceptable to a multitude of other countries (asia, india, etc) and super rich who hold trillions of US dollars. Sure I can hold a $50,000 bond that becomes worthless but a collapse of the current us dollar in such a reset would not go over well on the world stage. When a big player locks horns with another big player uve got trouble. After WW1, germany was unable to pay its debts to the US, Britain etc. This led to the collapse of german currency which led to US and British soldiers being stationed outside german factories to ensure all german production was transferred to them. This led to the rise of Hitler and WW2. Another example...the British borrowed heavily from the US and Canada to fund thier military during WW2. That debt was never forgiven because it was huge. The British were paying off that debt till 2006 if you can believe it. Thats why taxes were so high there. So i believe any attempt by the US or its allies to "reset" thier currencies will have dire consequences and likely set the stage for WW3 or other yet to be imagined consequences. I suspect the ponsi scheme will just continue...more inflation, more taxation, and an erosion of living standards for all except the rich