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The Rise of Silver PDF Print E-mail
Written by MoneyChoices.com   
Thursday, 09 December 2010 09:54

silver production map

Some Insights Into the Data in Our Silver Infographic

: Following are some interesting facts you may or may not know about silver:

“The major monetary metal in history is silver, not gold.” – Milton Friedman

“Debt is the Money of Slaves. Silver is the Money of Gentlemen. Gold is the Money of Kings.” – Anonymous

“Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.“ – David Ricardo

Silver Isn’t Stockpiled – Silver isn’t stockpiled in national reserves in the way that gold is. Governments stockpile gold in reserves.

......read more 18 more insights about Silver HERE (below the chart)

 
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