Description: .............AS THE PICTURES SHOW THE DENMARK SILVER WEDDING ANNIVERSARY OF KING AND QUEEN 1960 EXQUISITE 5 SILVER KRONOR GEM BU--LAST DECADE SILVER COINS WE USED AS CIRCULATING MONEY WORLDWIDE. RETAIL $120.00 Thank You: From my experience as a dealer and hard-asset financial consultant and my research as author of my book the comprehensive best-seller: “Fiat Paper Money the History and Evolution of Our Currency. ©" Prepare Now: The value of our fiat money is changing too fast. It buys less and less than ever before, and soon will buy close to nothing. Only a few people voice concern. In the hundreds of currency collapses and hyperinflations I have examined, experts convincingly assure the people, "it can't happen here." I don't claim to be an expert or a prophet. But in my business, I have become a student of my transactions of the silver and gold coins I have bought and sold. Thousands of old invoices with figures and signatures dating back to the 1960s clearly show how prices for those very coins have increased well over forty-five fold. All I offer are my humble observations on the current evolution of our fiat money. To ignore the incontrovertible facts seems to me to be foolhardy. One must consider that our entire culture has been conditioned to believe that our money can and should lose value over time. Our psychology has changed to the point where we don't demand accountability for the loss of value. And there is no stop-gap for a sudden and total collapse of purchasing power. The unprepared face dire consequences. © R. T. FOSTER FOSTER CONSULTING--MONEY & VALUE2189 BANCROFT WAYBERKELEY, CALIFORNIA 94704For 9 decades I have been buying and selling coins. Not only is Mr. Foster’s subject one of crucial importance; he states his case clearly, drawing on a wealth of primary and secondary sources, touching upon many diverse cultures, from the Chinese to the European to the North American. His professional familiarity with all types of currency and coinage grounds the book, making it refreshingly free of airy theories and complicated jargon, accessible to any intelligent reader. His style is brisk and lively, enriched by the author’s own varied life experience. I highly recommend it. Dr. Ruth S. Arnon Hanham PhD. Harvard University Fiat Paper Money—The History and Evolution of Our Currency by Ralph T. Foster is a text that should be studied by all those that claim to be students of markets, history and currency. Mr. Foster proves historically that a currency that continually loses buying power over a contiguous period of years and enters into a period of significant economic dislocation will implode all of a sudden… as in a currency event of hyper-inflation. Jim Sinclair Commodities Trader My new book, Fiat Paper Money-The History and Evolution of our Currency©, [also available on e-bay auctions] documents the evolution of paper currency since the first national notes of 1024 A.D. Perhaps the most important discovery from our research is how gold and silver coins have proven a consistent and reliable way to circumvent the inevitable collapse of fiat paper notes and the personal devastation that accompanies their loss of value. ***The value of gold and silver coins endures-they have always provided. Conversely all fiat monetary units eventually and always become totally worthless. The same goes for anything that depends on fiat units for its value, whether stocks, bonds, derivatives, annuities, any paper or electronic obligations.©***In the spirit of George Washington himself over 200 years ago, be careful not to trade something that is tangible for something that is intangible [see chapter seven]. RALPH FOSTER ............ EXCERPTS INCLUDED.
Price: 34.99 USD
Location: Berkeley, California
End Time: 2024-12-24T17:02:12.000Z
Shipping Cost: 0 USD
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Item Specifics
All returns accepted: ReturnsNotAccepted
Composition: Gold
Certification Number: UNCERTIFIED
Strike Type: Business
Fineness: 0.900
Grade: Ungraded
Precious Metal Content per Unit: 1/2 oz
Brand/Mint: Unbranded
Modified Item: No
Certification: Uncertified
Coin: Mixed Lot
Year: 1960
Country/Region of Manufacture: Denmark
Unit Quantity: SILVER
Total Precious Metal Content: .4322 AGW