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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Aug 12 2017, 06:08 PM
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Rock Bar! Group: Members Posts: 563 Joined: 13-June 15 From: South of Gunnison in Gold Basin, Saguache County Member No.: 120,659 |
I'm always flexible when it comes to that but if prices ever took off I'd spend more time looking for it. Some gold is usually found along with rich silver lodes and I'd take that as a by product any day!
I wish it was easier to get to where I found that silver ore and it might be sketch in my Subaru but I bet there's alot more up there. It had nice little gold pieces in it but the silver overwhelmed the gold by far. I've crushed more than half the ore I brought home and got more but my pestle is busted now. -------------------- Level 2 member -12/25/16
Referral code JL697 |
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