Gold Is Near The 2011 Highs

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We Americans have enjoyed the fact that our dollar is the world reserve currency. What does that mean? Most commodities, especially oil and gold, to name a couple, are settled in dollars. The downside to this is that we have had to resort to warring in order to maintain this status. After World War II, America controlled most of the world supply of gold. At that time, we were the winner and were able to control and manipulate the financial markets. That is coming to an end and the result will not be pretty. Especially for those that are dollar hoarders.

Gold Is Near The 2011 Highs By Egon von Greyerz There are a lot of people who are concerned about the performance of gold and the fact that the price after four years of correction is still so far …

Source: Gold Is Near The 2011 Highs | Matterhorn – GoldSwitzerland | Matterhorn – GoldSwitzerland

Junk Silver Coins, also known as US 90% Silver Coins, generally refers to old US currency coins whose valued is based on the silver bullion value of the silver content they contain. These are 90% silver quarters and dimes minted by the US Government before-1965.

90% Junk Silver Coins are still official US currency and thus can be used as a means of legal tender face value payment yet it is often saved and held for the long term given the silver bullion value contained within them.

Old US silver coins were once commonplace and formally part of our nation’s standard circulation coinage. Beginning from the signing of the 1792 Coinage Act continuing until silver was formally removed from large circulation coin strikes by the 1965 Coinage Act.

In the modern silver bullion coin industry, older once circulated silver coins are often sold in ‘face bags’ which measure the total ’legal tender’ face value each bag contains. Therefore, a $25 Face Bag could contain 100 silver quarters or 250 dimes or a combination of both quarters and dimes.

Regardless, you are guaranteed $25 in Face Value when you purchase this which equals approximately 17.88 ounces of pure Silver.