Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

vox kadavergehorsamkeit
Member since May 2012
222 commentaries - 1 follower

1 followers

has posted a comment on the article :

August 8, 1893 : The Repeal of the Silver Act

- History of Silver -

This speech amply demonstrates what i have pointed out many times before: gold and silver make for very poor money precisely because unlike paper, with virtually no intrinsic value, they fluctuate in value, sometimes quite radically. Those who ignore history, or at best gloss over it, by advocating for a return to a gold standard, would have us repeat the mistakes from the past. Shame on them.

Commented 3906 days ago

Send

Beginning of the headline :President Cleveland Message on the Repeal of the Sherman Silver Purchase Act (August 8, 1893) The existence of an alarming and extraordinary business situation, involving the welfare and prosperity of all our people, has constrained me to call together in extra session the people's representatives in Congress, to the end that through a wise and patriotic exercise of the legislative duty, with which they solely are charged, present evils may be mitigated and dangers threatening the future may be averted... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis