Gold and Silver have always had value, never gone to zero. Can you say the same for stocks and bonds?
Mark SkousenTaxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure. A centrally planned totalitarian state represents a complete defeat for the civilized world, while a totally voluntary society represents its ultimate success.
Mark SkousenTaxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure.
Mark SkousenBack in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges.
Mark Skousen