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samking73
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When Central Banks Re-build Silver Reserves

- Charleston Voice -

I'm pretty sure this isn't this article's reason, but one reason I feel that buying U.S. silver eagles (and junk silver) is probably the best, is because of all the recent silver counterfeiting. The Feds have historically gotten pretty mad when people try to counterfeit it's "money", even if it is in reality, just paper. So the same must apply for silver eagles? I have a mix of Eagles and generic rounds.......and even a few smaller bars. But with all the fake silver that's been flooding the market recently, I feel like there is a little bit of protection from the Feds when it comes to "Legal Tender", one dollar eagles. I may be completely wrong. Does anyone know if there would be anything to this?

Commented 3436 days ago

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Beginning of the headline :It's useful to know the silver reserves of central banks at one time in history. This is a FRB Bulletin from 1923. At one time, say up until the early 1960s the US Treasury held as much as 4 BILLION ounces, as I recall. Now, the Treasury is without any = ZERO! It cost us every last ounce to try and stem the run on the dollar... Read More

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