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The Market Value of Gold and Silver if the Dollar Fails?

If the dollar failed tomorrow and gold and silver took its place...Heck Yes!! Is it safe to say that the buying power of an ounce of silver or gold would match that of their current spot prices. In other words 1 ounce of silver would buy about $19.00 worth of goods and gold would buy apx. $1,200.00 worth of goods. Or would their values change dramatically therefore their buying power would be worked out overtime by the market.

ddonza50's picture
Created by ddonza50 3 years 33 weeks ago – Made popular 3 years 33 weeks ago
Category: Commodities / Metals   Tags:

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