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<p>[QUOTE="InfleXion, post: 1272586, member: 29012"]<strike> </strike></p><p><strike><br /></strike></p><p><strike>Everything you've stated here is true, however no matter how much of a case there is for silver as an industrial metal, none of that precludes it's ability to also be a monetary metal. That would be like saying peanut butter M&M's can't be peanut butter because they're covered in chocolate. </strike></p><p><strike><br /></strike></p><p><strike> </strike></p><p><strike><br /></strike></p><p><strike>Central banks were selling gold up until a couple years ago. You could argue that was being done because gold is not a monetary metal, but we all know that it is. In my opinion it is foolhardy to assume that the way things are done today are the right way to do it when it contrasts the vast majority of proven human history. There have been silver standards just as there have been gold standards. Right now we are amidst a failed experiment, but I suppose this is one of those vacuous arguments that can't really be proven one way or another. So I will let it be <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></strike>[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1272586, member: 29012"][s] Everything you've stated here is true, however no matter how much of a case there is for silver as an industrial metal, none of that precludes it's ability to also be a monetary metal. That would be like saying peanut butter M&M's can't be peanut butter because they're covered in chocolate. Central banks were selling gold up until a couple years ago. You could argue that was being done because gold is not a monetary metal, but we all know that it is. In my opinion it is foolhardy to assume that the way things are done today are the right way to do it when it contrasts the vast majority of proven human history. There have been silver standards just as there have been gold standards. Right now we are amidst a failed experiment, but I suppose this is one of those vacuous arguments that can't really be proven one way or another. So I will let it be :)[/s][/QUOTE]
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