Here's your BEST SILVER LINING! :
There's your True Value of SILVER in U$D!
Keep on hanging on to it, except the ones you send to me
and the "other winner" of this great contest!!!
Image Credit: usdebtclock.org
You are viewing a single comment's thread from:
Thanks @underground for your entry and Good Luck. This is a great reply, showing a silver lining that I was not considering. GREAT! I'm looking for the true value of precious metals. I sure hope the usdebtclock website is correct. Thanks :)
It could go higher, that is simply the value vs. the number of U$D issued...
Basically compared to when we were on the "Silver Standard" which is the
true Constitutional Monetary Standard, and then Gold was indexed off the
"Silver Dollar", in reality. Gold (was) is useful for large transactions and
wealth storage, Silver was more for everyday use.
371.25 grains PURE SILVER = 1 US Dollar! The Debt Clock measure assumes
backing of the U$D with Silver and Gold again, so it's just a reference at this time. ;)
Thanks for that explanation, it clarifies it for me. . .