Silver, the peoples money |
Silver, the peoples money |
Jul 24 2013, 11:16 AM
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Master Mucker! Group: Admin Posts: 4,149 Joined: 7-October 03 From: Colorado Member No.: 3 |
Silver used to be refered to as the "peoples money" at one time.
With all the crazy economics world wide today, some say silver prices will align/rise to be more appropriate with not only gold but supply and demand for the precious metal. We use alot more than what is mined yearly with new uses also being found in technology, this will only continue to rise. silver to gold price ratio's historically have been quite varied from 15:1 and as high as 94:1. Currently (2012) running about 53:1 I know there are a few Colorado Prospetor's out there that would be really excited to see silver prices take off! Also, it's antibacterial.....so it's cleaner than green! How about you? Thoughts on the "peoples money"? -------------------- CP-Owner/Administrator
www.ColoradoProspector.com IF YOU USE IT, THE GROUND PRODUCED IT! MINERS MAKE "IT" HAPPEN!! |
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