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Silver is Money!

- Jason Hommel - Silverstockreport

Prerequisites to silver ever becoming currency are , firstly, it must surmount the $ 50 jinx of the 80s, secondly, threaten the gold to silver ratio of 1:16 and possibly beat it, thirdly, the industrial demand should remain subdued to spare its use in coinage, fourthly, the central backs should sit back and allow this to happen in spite of all the gold they hold and fifthly, some economist should bench mark the value of the specified silver coin Vis a Vis other competing currencies not necessarily the dollar.

Commented 4448 days ago

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Beginning of the headline : I was very pleased today to read Eric Sprott write about how and why silver will return to use as a currency! I AGREE! http://silverdoctors.blogspot.com/2012/02/eric-sprott-silver-will-become-currency.html This process will start slowly, but can proceed very rapidly, once it starts... Read More

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