Auction Rules, Silver Premiums, and the Fundamentals

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Subject:Auction Rules, Silver Premiums, and the Fundamentals
By: Jason Hommel, Silver Stock Report

Overview: Over 100 years ago, in the late 1880's, Germany stopped using silver as money, going to a pure gold standard. This started an 80 year long trend of silver no longer being used as money. India abandoned silver in the Great Depression, flooding the world with silver that was no longer being used in their coinage. This pushed silver prices down to that 25 cents per ounce level. It had nothing to do with deflation or the depression, it was demonetization. Reduced demand results in lower prices.

Link: http://news.silverseek.com/GoldIsMoney/1231640003.php

[sunsetcliff]

I sure cant afford that large of purchases.

the largest I do at a time is 60.