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<p>[QUOTE="Prime Mover, post: 1875337, member: 38783"]Well, if silver is worth money, which is a current measure of wealth, I don't understand how it doesn't equate. If I held 1 million ounces of silver today, which is worth roughly 21 million dollars, I don't understand how I wouldn't be considered wealthy. Now, how or where I'd store that much silver if I had it I have no idea, but this is all theoretical anyways.</p><p><br /></p><p>If silver tomorrow is deemed worth nothing, then those who hold it have indeed lost their previous wealth, and then I'd agree with your statement. However, the current situation, and one likely to continue for a while given how everyone has been trained to think it's worth good money, says that those who have a lot of it could indeed be considered wealthy.</p><p><br /></p><p>I like the quote, and I can understand what it's meaning is, especially given back to times when wealth was measured in physical things - i.e. livestock, land, and precious items (metal, jewels, fish bones, etc) - instead of paper money. Those things deemed more valuable by the population at the time, if you held more of them you were quite wealthy, and given how gold was treated as vastly superior to silver and copper if you held gold you were like kings.[/QUOTE]</p><p><br /></p>
[QUOTE="Prime Mover, post: 1875337, member: 38783"]Well, if silver is worth money, which is a current measure of wealth, I don't understand how it doesn't equate. If I held 1 million ounces of silver today, which is worth roughly 21 million dollars, I don't understand how I wouldn't be considered wealthy. Now, how or where I'd store that much silver if I had it I have no idea, but this is all theoretical anyways. If silver tomorrow is deemed worth nothing, then those who hold it have indeed lost their previous wealth, and then I'd agree with your statement. However, the current situation, and one likely to continue for a while given how everyone has been trained to think it's worth good money, says that those who have a lot of it could indeed be considered wealthy. I like the quote, and I can understand what it's meaning is, especially given back to times when wealth was measured in physical things - i.e. livestock, land, and precious items (metal, jewels, fish bones, etc) - instead of paper money. Those things deemed more valuable by the population at the time, if you held more of them you were quite wealthy, and given how gold was treated as vastly superior to silver and copper if you held gold you were like kings.[/QUOTE]
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