The Silver Bullet and the Silver Shield – Part 7. The Historical Case For $960 Silver
Our friends at Dont-tread-on.me have published part 7 of the Silver Bullet and the Silver Shield video: The Historical Case for $960 Silver. The first 6 parts can be seen here
$960.00??????????????? How sweet it would be. A dime a day??????????????? Even better. I could own an empire. Nah. Quiet and easy living. shut your pie-hole. It don't hurt to dream.
Empire??? Bigger! Bigger!!!!! how about the whole world? Silver Doctor stackers could buy the whole world with silver. We could really get things right. Right? It is nice to dream go to sleep, sheep nothing to see here.
A few points. One troy ounce is about 31.103 grams. So 1/10 ounce would be about 3.11 grams.
Current dimes are 2.268 g (0.0729 troy oz) according to Wikipedia. Or about 1/14 of a troy oz. Mercury dimes are 2.500 grams (about 0.0804 troy oz or about 1/12 troy oz). The total weight of silver in a 90% silver / 10% copper coin would be less than the total weight of the coin, of course.
A dime's worth of silver is roughly or close to, but not exactly 1/10 troy oz (3.11g vs 2.25g or so).
11 comments:
Alf Field does Silver, target is $158.
http://www.gold-eagle.com/editorials_12/field013112.html
this was my favorite section of the article..
Far and away is a great movie!!
$960.00??????????????? How sweet it would be. A dime a day??????????????? Even better. I could own an empire. Nah. Quiet and easy living. shut your pie-hole. It don't hurt to dream.
2 OZ.
Empire??? Bigger! Bigger!!!!!
how about the whole world?
Silver Doctor stackers could buy the whole world with silver.
We could really get things right.
Right?
It is nice to dream
go to sleep, sheep
nothing to see here.
Right on WTF. I could only own a small kingdom as my stack isn't very big yet.
2 OZ.
Silver may very will go to $960/oz. Of course, a loaf of bread will cost $64/loaf by then.
The bread will only cost $64.00 is you can't grow your own grains. Got land?
2 OZ.
A few points. One troy ounce is about 31.103 grams. So 1/10 ounce would be about 3.11 grams.
Current dimes are 2.268 g (0.0729 troy oz) according to Wikipedia. Or about 1/14 of a troy oz. Mercury dimes are 2.500 grams (about 0.0804 troy oz or about 1/12 troy oz). The total weight of silver in a 90% silver / 10% copper coin would be less than the total weight of the coin, of course.
A dime's worth of silver is roughly or close to, but not exactly 1/10 troy oz (3.11g vs 2.25g or so).
Post a Comment