Posted on 01/14/2025 11:48:16 PM PST by SunkenCiv
A unique hoard of 321 silver coins from the 11th century has been unearthed during archaeological work at the Sizewell C nuclear power station site in Suffolk, England. These coins, surrounded by lead and once wrapped in a cloth that has since decayed, are part of a "perfect archaeological time capsule," said Andrew Pegg of Oxford Cotswold Archaeology (OCA), which is excavating the site.
The coins, issued from 1036 to 1044, span the reigns of Harold I, Harthacnut, and Edward the Confessor. Most were minted in London, but others came from regional mints, including at Thetford, Norwich, and Ipswich, and even smaller places like Langport and Axbridge in southwest England.
Experts believe the hoard was buried during a period of political upheaval following Edward the Confessor's coronation in 1042, marking the restoration of the House of Wessex after 25 years of Danish rule under King Cnut and his sons...
Containing mostly silver pennies, the hoard offers insights into the economic conditions and social structures of England in the 11th century. It was worth the equivalent of 16 cows at the time and likely belonged to a moderately well-off person — possibly a successful farmer or tradesman. The burial spot at the intersection of two medieval boundary lines indicates that it was chosen for retrievability, though the owner never returned to get it...
The discovery is part of a larger effort to study the site before the construction of Sizewell C, a two-reactor nuclear power station expected to generate 3.2 gigawatts of energy. Previous excavations have unearthed a variety of artifacts, including World War II equipment and an Iron Age wooden axle.
(Excerpt) Read more at archaeologymag.com ...
Try burying your USD’s dollars or E money and then see what it will be worth in 1,000 years.
Gold and silver has been wealth for centuries. Paper currencies are for spending, and quickly as they are losing purchasing power every day.
Why do people save (“ hoard” ) something that continuously loses it’s vale?
Watchers of The Curse of Oak Island will know….
Value is based on scarcity, and since no one is likely to be using actual physical currency in 1000 years, a hoard of US coins and/or paper money will be valuable as collectibles.
Gold and silver are bound to be found in and processed out of asteroids in vast amounts. All the gold ever mined on Earth would make a 80-90 foot cube, scarce, hence, value. It’s a commodity, nothing more.
Value is based on scarcity, and since no one is likely to be using actual physical currency in 1000 year
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That wasn’t true for the last 5,000 years. Those that forget history……
Currency only goes back to ancient Lydia, but nice try.
“Gold and silver has been wealth for centuries. Paper currencies are for spending, and quickly as they are losing purchasing power every day.”
This contradicts your recent financial advice to accumulate US dollars.
Here is another recent interview of Armstrong, just for you. This is his third or fourth interview this year.People are starting to wake up. Enjoy.
https://www.youtube.com/watch?v=jeRULt4PDBM
Texasgator, be sure to listen carefully, take notes ( for comprehension).
Armstrong Economics: https://www.armstrongeconomics.com
Follow Armstrong Economics on X: https://x.com/StrongEconomics
00:00 Introduction
00:49 Predictions for Trump’s Term
14:55 Canada’s Political Turmoil
21:20 State of Free Speech Online
24:03 Fall of Assad in Syria
29:03 Russia-Ukraine Conflict
34:53 Risk of Nuclear War
I am more interested in whether you still predict a US civil war starting next week.
Here is the record of you agreeing with Armstrong that a civil war will soon start resulting in the breakup of the US into four new countries:
To: delta7
“When Trump is reinstated as President, I am sure he will call upon Armstrong for some advice ( like he did during his last Presidency).”
Which country will Trump lead when the U.S. breaks up into several countries?
4 posted on 10/29/2024, 11:59:43 AM by TexasGator
To: delta7
“US break up occurs further down the line.”
Then you don’t believe Martin’s 2026 year?
7 posted on 10/29/2024, 12:26:50 PM by TexasGator
Your #12
To: TexasGator
Then you don’t believe Martin’s 2026 year?
———-
I do,
https://freerepublic.com/focus/f-news/4274264/posts?page=12#12
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