OK, so why is our price of silver going to go down I asked. The debunker exclaimed that it was because we were switching away from film and going to digital cameras. Without the need for film, silver would drop in price.
|OK, some say why silver when gold is so much better, but I say that gold is very expensive. Although rich have no problem getting gold, a poor person might not have enough money. Silver is often called poor man's gold and you can get a silver mercury dime for less than a dollar. In contrast, a gold one ounce coin is over $1000.00 and rising.|
In 1964 the US moved away from silver coins that were 90% silver and 10% copper to coins that were mostly nickel/copper alloy. The demand for silver did continue to go up.
Well, I saw in the future that silver was very expensive. It has gone from $5/oz in 2001 to over $15/oz now. Still, the gallon of gasoline which was $1 in 2001 is now over $3. In fact, it will soon go over $4/gal for gas. So silver is barely keeping up.
It is much better than a 5% CD that sits in a shaky bank that could go under any minute. Silver is a store of value and it will go up. This I saw using the Hyper Dimensional Resonator or HDR.
I predict that as our dollar drops, silver will surge.
Silver bars are better than small green pieces of paper.
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