Argentium
Gold Member
- Feb 2, 2008
- 9,058
- 5,574
- Detector(s) used
- Whites, MXT.
- Primary Interest:
- All Treasure Hunting
I've heard some on this forum bemoaning the rapid increase in silver prices - the theory they
are putting forth goes something like this - increase in silver prices means more people CRHing,
and less good finds for them , I could not disagree more , the people that aren't in at $19. are
not in at $23. And even if they were , they miss the point that the federal reserve note is declining
in value -so more people are chasing these "worth less " notes , to pay bills and buy groceries ,
buy booze , drugs , etc. - and are dumping coins (yeah - the funny white ones too !) in order
to meet these ends . That's my theory , what say you Argentium.
are putting forth goes something like this - increase in silver prices means more people CRHing,
and less good finds for them , I could not disagree more , the people that aren't in at $19. are
not in at $23. And even if they were , they miss the point that the federal reserve note is declining
in value -so more people are chasing these "worth less " notes , to pay bills and buy groceries ,
buy booze , drugs , etc. - and are dumping coins (yeah - the funny white ones too !) in order
to meet these ends . That's my theory , what say you Argentium.
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