Hi,
Well the old standard "gold" is... A troy oz. (31Grams/oz not 28) of gold is 20 pennyweights silver price is the price of 1 pennyweight of gold...
So If gold is $1500/oz than silver should be 1/20 or $75.00 a oz. (gold standard).
It is still a bargain??
I still remember when the Hunt brothers used there silver holdings to distract the stock market so they could dump there garbage stocks in the late 70's.
In the late 70'S when silver hit $50/oz .
$1,000.00 of bulk silver U.S. coins was worth $27,000.00, according to the stock market and the Wall Street Journal.
Unfortunately now this is a real market and silver is still underpriced is seems at 45/oz.
Platinum, and Palladium market is also going up..
(Really all strategic metals are going up).
Biggest problem is if you triple keystone your items you can easily price yourself out of the market in this economy.
Keep your silver U.S.A. coinage… It may be a huge asset in the near future.
AirAmp
Well the old standard "gold" is... A troy oz. (31Grams/oz not 28) of gold is 20 pennyweights silver price is the price of 1 pennyweight of gold...
So If gold is $1500/oz than silver should be 1/20 or $75.00 a oz. (gold standard).
It is still a bargain??
I still remember when the Hunt brothers used there silver holdings to distract the stock market so they could dump there garbage stocks in the late 70's.
In the late 70'S when silver hit $50/oz .
$1,000.00 of bulk silver U.S. coins was worth $27,000.00, according to the stock market and the Wall Street Journal.
Unfortunately now this is a real market and silver is still underpriced is seems at 45/oz.
Platinum, and Palladium market is also going up..
(Really all strategic metals are going up).
Biggest problem is if you triple keystone your items you can easily price yourself out of the market in this economy.
Keep your silver U.S.A. coinage… It may be a huge asset in the near future.
AirAmp
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