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<p>[QUOTE="BCArthur, post: 1771429, member: 40467"]<b><font face="Calibri"><span style="color: #000000">Interesting what’s happening to the U.S. Dollar.</span></font></b></p><p> </p><p><font face="Calibri"><span style="color: #000000">Went to Europe and didn’t bother looking for silver in the Euro (never happened) but when I traveled to Switzerland, I got some spending money and was surprised that with the find of a 1968 5 Franc piece, there were still some old date pieces in circulation. When I thought about going to the bank to get a ‘box’ of 5 Swiss Franc pieces (they are about the size of a U.S. Half) to look for silver, I realized that, aside from costing about $5,400 for the equivalent size to a box of U.S. Halves, that the ROI just isn’t there. A 5 Swiss Franc piece costs about $5.40 and if you strike silver, you’ve spent $5.40 for .40 Oz of silver. That’s almost equivalent to a 90% U.S. Half and at today’s silver price can get you $9.30! Not even double!</span></font></p><p> </p><p><font face="Calibri"><span style="color: #000000">A 90% silver find in the U.S.A, will get you 16.7 times face in silver. So what has happened?</span></font></p><p> </p><p><font face="Calibri"><span style="color: #000000">While, at least based on silver value, the $0.50 U.S. half could probably buy you 5 Swiss Francs back in 1967 (the last year of Swiss silver coinage), the U.S. Dollar fiat currency has been so devalued over time that now it costs $5.40 of our dollars to buy that same 5 Swiss Franc coin. That’s an 1080% decline in the value of OUR money over the last 46 years! An annual 5.31% decline.</span></font></p><p> </p><p><font face="Calibri"><span style="color: #000000">Does that bother anyone?</span></font></p><p> </p><p><font face="Calibri"><span style="color: #000000">So I picked up about $300 in Swiss Francs. The U.S. Dollar is TOAST! Keep searching for that Silver!</span></font>[/QUOTE]</p><p><br /></p>
[QUOTE="BCArthur, post: 1771429, member: 40467"][B][FONT=Calibri][COLOR=#000000]Interesting what’s happening to the U.S. Dollar.[/COLOR][/FONT][/B] [FONT=Calibri][COLOR=#000000]Went to Europe and didn’t bother looking for silver in the Euro (never happened) but when I traveled to Switzerland, I got some spending money and was surprised that with the find of a 1968 5 Franc piece, there were still some old date pieces in circulation. When I thought about going to the bank to get a ‘box’ of 5 Swiss Franc pieces (they are about the size of a U.S. Half) to look for silver, I realized that, aside from costing about $5,400 for the equivalent size to a box of U.S. Halves, that the ROI just isn’t there. A 5 Swiss Franc piece costs about $5.40 and if you strike silver, you’ve spent $5.40 for .40 Oz of silver. That’s almost equivalent to a 90% U.S. Half and at today’s silver price can get you $9.30! Not even double![/COLOR][/FONT] [FONT=Calibri][COLOR=#000000]A 90% silver find in the U.S.A, will get you 16.7 times face in silver. So what has happened?[/COLOR][/FONT] [FONT=Calibri][COLOR=#000000]While, at least based on silver value, the $0.50 U.S. half could probably buy you 5 Swiss Francs back in 1967 (the last year of Swiss silver coinage), the U.S. Dollar fiat currency has been so devalued over time that now it costs $5.40 of our dollars to buy that same 5 Swiss Franc coin. That’s an 1080% decline in the value of OUR money over the last 46 years! An annual 5.31% decline.[/COLOR][/FONT] [FONT=Calibri][COLOR=#000000]Does that bother anyone?[/COLOR][/FONT] [FONT=Calibri][COLOR=#000000]So I picked up about $300 in Swiss Francs. The U.S. Dollar is TOAST! Keep searching for that Silver![/COLOR][/FONT][/QUOTE]
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