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The Lazy Technique to Gold In Germany

I feel that quickly the markets are going to be demanding much more from the Fed than only a cessation of gold price hikes and a dedication to not shrink the stability sheet. The excellent news is that the value of silver has gone up a lot since 1964 so the underlying silver alloy within the coin is value about $5 to $7 as of mid-2009. In 1792, the gold price today/silver price ratio was fixed by law in the United States at 15:1. France mandated a ratio of 15.5:1 in 1803. Faced with the challenges of a bi-metallic monetary system with fastened change charges and the aftermath of a worldwide financial disaster, the US Congress passed the Coinage Act of 1873.

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