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Politics : Formerly About Advanced Micro Devices
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To: Qone0 who wrote (1443936)3/4/2024 4:40:41 PM
From: maceng21 Recommendation

Recommended By
Eric

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<< First of all no one knows how many ounces of silver are in a Tomahawk.>>

Thanks for that note Qone0.

So Andy said... but he said some other things too. Maybe you failed to listen to what he said?

I have some UK silver three penny pieces from the beginning of the 20 century. In those days three pence in 95% silver coin would buy a loaf of bread and two pints of strong beer. About £10 in todays money. about 1.4 grams of silver in the coin.

So with the USA national debt going up by a Trillion in every 100 days, and from what I heard various States
allowing pm to be allowed as money, things could change over time.

To put the 25000 tonnes of annual production for silver into perspective on a financial scale, this is what Silver inventory looks like.

The above ground stock of silver, in it's entirety, is currently worth about $44B.

Here is a nice picture to look at.

All of the World's Money and Markets in One Visualization - 2020 Edition (visualcapitalist.com)

Silver is the best conductor of electricity, and when it comes to Radio Frequencies and above, the best conductor of electricity in Spades. Hence lot of use on mobile phones etc.

I like silver and like to buy an ounce or two when I can afford it. The price can stay as low as possible for as long as possible, as far as I am concerned, I am happy with that.

Andy didn't just talk about Silver though.

He talked about a lot of stuff.

It seems to me a lot of people have the same concerns.

But thanks for chipping in.
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