RE: ILLUSTRATED: Gold as a Store of Value NOT as a Speculative Asset

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ILLUSTRATED: Gold as a Store of Value NOT as a Speculative Asset

in gold •  8 years ago 

The real nail in the coffin so to speak would be a Chart comparison of the Dollars "store of value" during the last 10 yrs. then it becomes painfully apparent how much better off you'd be holding Gold or Silver.
Statistics:

» There are 0.0723 troy ounces of silver in 1 silver Roosevelt dime (1946-1964).

» Each Roosevelt dime contains 0.0723 troy ounces of silver and is valued at $1.20 when silver is at $16.52 / ounce.

» A roll of Roosevelt dimes has 50 coins and is valued at $59.75 when silver is at $16.52 / ounce.

Gas here today is $2.15/gal in Fundamentally Rancid Notes...uh.... I mean Federal Reserve Notes ;) lol
so by using the proper Constitutional coinage & recognizing the store of value Silver contains would make my gas barely over 15 cents a gallon....hmmmmmmmmmm now.... What do you want in your wallet ?

gold
8 years ago by

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