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There is something about gold and silver that makes people appreciate their existence. If asked whether you wanted to hold a $100 dollar bill or a piece of silver or gold, most people would reply silver or gold even if it wasn't worth the paper monetary amount. This is probably due to the fact that currencies were based off a gold standard before they were able to fluctuate based on the weaknesses and strengths of other currencies. These prices are very important when it comes to the historical gold-silver ratio. More... |
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