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Supply and Demand states that Silver must rise in the long term?
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<p>[QUOTE="fatima, post: 1393583, member: 22143"]For 19 years this "territorial small refiner" was the only mint producing coins from the only source of gold in the USA. The Charlotte gold strike along with the one in Dalton, GA, were the only sources for gold in the USA until gold was discovered in California 50 years later and Bechtler was the only mint producing coins from these huge strikes. The NC and GA gold, funded much of the expansion of the USA between 1800 and 1849. You might try to dismiss this as nothing, but history says otherwise. </p><p><br /></p><p>If it wasn't for Bechtler, then two decades of commerce would not have been possible because there would have been no coinage. It absolutely demonstrates that governmental endorsement of PM coins is not necessary or needed. It's an assay. Nothing more, nothing less.</p><p><br /></p><p>Your comment about the invention of the coin is irrelevant as it was never said that coins were not important. The point isn't about coinage but rather governmental issuance of coinage. It only becomes important once government passes laws making anything else but governmental currency illegal, and unnatural and harmful situation, as we have today. People living in contemporary times should take care not to attribute their experience to those of the past. This is often done with money, but this is because they have never known anything else.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1393583, member: 22143"]For 19 years this "territorial small refiner" was the only mint producing coins from the only source of gold in the USA. The Charlotte gold strike along with the one in Dalton, GA, were the only sources for gold in the USA until gold was discovered in California 50 years later and Bechtler was the only mint producing coins from these huge strikes. The NC and GA gold, funded much of the expansion of the USA between 1800 and 1849. You might try to dismiss this as nothing, but history says otherwise. If it wasn't for Bechtler, then two decades of commerce would not have been possible because there would have been no coinage. It absolutely demonstrates that governmental endorsement of PM coins is not necessary or needed. It's an assay. Nothing more, nothing less. Your comment about the invention of the coin is irrelevant as it was never said that coins were not important. The point isn't about coinage but rather governmental issuance of coinage. It only becomes important once government passes laws making anything else but governmental currency illegal, and unnatural and harmful situation, as we have today. People living in contemporary times should take care not to attribute their experience to those of the past. This is often done with money, but this is because they have never known anything else.[/QUOTE]
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Supply and Demand states that Silver must rise in the long term?
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