Silver to become a rare earth metal , it is Extremely undervalued. Silver to become extinct by year 2020 according to geologists only 300 millions ounces left! Silver is consumable industry metal it is used up : 95% gold ever found is still around 75% of silver is a by-product of mining other metal only 25% is primary product of mining,In 1480 the price of one ounce of Silver was equal to one ounce of Gold, Low supply, high demand Price to skyrocket get your silver and stay long!
Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!
Showing posts with label Germany. Show all posts
Showing posts with label Germany. Show all posts
Wednesday, June 22, 2011
Silver was money in Hamburg Germany for 250 years
Steffen Krug tells James Turk how for 250 years Silver was the only money in the port City of Hamburg one of the biggest ports in Europe and in the world ,the coin was called the Mark Banco until Bismarck replaced it with the Goldmark in 1873 , The Mark Banco was equivalent to 8.5 grams of silver . Hamburg was a major trading center during the Hansa time , they chose the Marc Banco as a currency it was a measure of weight of silver , the Marc Banco soon became popular amongst all the merchants in Europe including the City port of Amsterdam and Madrid , the Marc Banco became a reference.most of the trade in Germany was done with silver untill the Bismarck took over and brought the gold standard . The Marc Banco was so popular among the people so the Bismarck had to call his currency the Reichsmark so people will say we still have our Marc
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Labels:
Germany,
Hamburg,
Steffen Krug,
the Mark Banco
Friday, December 24, 2010
Germans huge appetite for buying silver and gold
This video shows an interview between silver bug David Morgan of http://silver-investor.com and Jan Kneist of http://goldseiten.de, organisor of the annual International Precious Metals and Commodities Show held 5-6 November, 2010 in Munich, Germany. This event was first organised in 2005. They discuss the monetary system, gold and silver investments and the reason why many Germans are so interested in buying gold and silver.
Labels:
Germany
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GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!