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To: skimbell

A Silver Dollar’s silver content weighs about 3/4ths of an ounce, or 75%.

An ounce of silver today costs $14.80.

The current dollar value of the silver in an old silver dollar is therefore $14.80 * 75% = $11.10.

If one paper dollar used to be worth ONE SILVER DOLLAR but now IT TAKES ELEVEN PAPER DOLLARS to buy the same silver...

Q: WHERE DID THE OTHER TEN DOLLARS GO?

A: The government stole over 90% of your money with planned inflation.


13 posted on 05/15/2019 1:23:04 PM PDT by Uncle Miltie (Trump 2020 - Re-Elect the M*****F***er!)
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To: Uncle Miltie
he current dollar value of the silver in an old silver dollar is therefore $14.80 * 75% = $11.10.

It's much worse with a 20 dollar gold piece. They now run $1300+.

45 posted on 05/15/2019 3:20:09 PM PDT by Blennos
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