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The Timeline of Silver Prices
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The Timeline of Silver Prices
By Sienna Nalin
The silver price history is something very important that people have been following for years. Especially recently with the shift of the economy and the way it has been going for over the past decade or so. Silver sales are booming and many believe this will be the new form of money. Bartering with silver sounds much better than using money on account the value for silver is much more. (Image by San Diego Shooter via Flickr)
The price of silver will only continue to grow with how the United States economy is going. With the debt increasing silver prices will rise because of such demand for it because the economy is falling apart which means money does not have the same value as it used to have years ago.
Since money is not what it used to be worth and people are starting to use silver to make transactions, it flips the scales. People all around the world have been using silver in exchange for goods for numerous years. This is nothing new at all; it is just being implemented back because people see how bad the economy is going.
There was a point in time when silver was used as money (coins). The reason it came to a stop in the 60s was because money had gained value which also pushed up the value of silver making it worth more than a dollar. Of course the government could not have this and rushed to get rid of silver.
Money is definitely not at the value it used to be at all. The value of money has fallen so rapidly that this is why people are going back to silver. With the government trying to fix the national debt they think that by printing money it will fix the problem, when in actuality it is actually causing more damage. By printing more money that just makes all the money worth less because there is so much out there. With that happening all precious metals end up just going up in price more. This is a problem because if the government keeps taking these steps all they are doing is taking money away from us.
It is better to be early than late if a panic-moment is about to arrive. Silver is less expensive per ounce than gold and more available for purchase than gold, particularly for middle-class westerners. An investment into silver is likely to appreciate more than a similar investment in gold.
...More at Why Buy Silver?
With the worth of a dollar compared to silver, you are better off with the silver because silver will continue to grow in value as the dollar continues to lessen in value which does not benefit you at all.
The price of silver will only continue to grow with how the United States economy is going. With the debt increasing silver prices will rise because of such demand for it because the economy is falling apart which means money does not have the same value as it used to have years ago.
Since money is not what it used to be worth and people are starting to use silver to make transactions, it flips the scales. People all around the world have been using silver in exchange for goods for numerous years. This is nothing new at all; it is just being implemented back because people see how bad the economy is going.
There was a point in time when silver was used as money (coins). The reason it came to a stop in the 60s was because money had gained value which also pushed up the value of silver making it worth more than a dollar. Of course the government could not have this and rushed to get rid of silver.
Money is definitely not at the value it used to be at all. The value of money has fallen so rapidly that this is why people are going back to silver. With the government trying to fix the national debt they think that by printing money it will fix the problem, when in actuality it is actually causing more damage. By printing more money that just makes all the money worth less because there is so much out there. With that happening all precious metals end up just going up in price more. This is a problem because if the government keeps taking these steps all they are doing is taking money away from us.
It is better to be early than late if a panic-moment is about to arrive. Silver is less expensive per ounce than gold and more available for purchase than gold, particularly for middle-class westerners. An investment into silver is likely to appreciate more than a similar investment in gold.
...More at Why Buy Silver?
With the worth of a dollar compared to silver, you are better off with the silver because silver will continue to grow in value as the dollar continues to lessen in value which does not benefit you at all.
About the Author:
Are you worried about how the government is going and what you should do? Click here and get some information on silver price history which will give you some insight on what is soon to happen