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The Strike Point Archive 01

History lesson ...
In Response To: Re: History lesson ... ()

You only go to prove my point. “silver dollars contained more than $1.29 worth of silver ... which caused the silver dollar to "disappear" by the $1000 bagfulls from Nevada casinos” I think that that could happen to Silver Strikes.
History can and often does repeat it self. Why can’t we see $25 an oz silver? When the government controlled the gold and silver prices, Silver was 1/20 the price of gold. I remember well what the government did to the Hunt brothers. It forced them to liquidate their holdings in a short time. Silver is just now recovering from the glut.
Silver is a handy metal to have in a barter economy. Gold might be good for buying a horse or land but silver is much better for a meal or nights lodging. Where gold might be the metal of wealth, silver is the metal of commerce.

Messages In This Thread

Silver Price Affect on Strikes
Re: Silver Price Affect on Strikes
Re: Silver Price Affect on Strikes
Re: Silver Price Affect on Strikes
Re: When Silver Price $15.00
Re: When Silver Price $15.00
Re: Sleep
Re: When Silver Price $15.00
Archie
Re: History lesson ...
History lesson ...
Re: History lesson ...
Re: History lesson ...
Re: History lesson ...
Re: History lesson ...
3 Quarters max per pull

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