Friday, November 9, 2012

EVER WONDER WHERE THE "$" CAME FROM

 In the beginning shortly after our country was formed basic means of exchange were measured in Units of Silver which is were our Symbol for the dollar came from "$" Take out a sheet of paper draw a Capital "S" and then draw a Capital "U" through the "S" over time our money has changed so also the sign or symbol must change erase the bottom part of the "U" you will have the Capital"S" with 2 bars through it (that's how they taught me how to write the Dollar sign when I was in elementary school) You will notice when I hit SHIFT AND NUMBER 4 on my computer I end up with this $ it only has only 1 bar going through it (WHY?) the bar code was introduced in the 70's which lead to Credit Cards that are accepted almost every where today. Take a look at the  "4" key on your computer It may have a Tick on the top and bottom of the dollar symbol (my computer key dose not show a bar going through)

Through out history money has only and always truly been Gold and Silver coins. It's not defined as currency until we no longer use gold & silver coins as means of an exchange or transaction, hence President Nixon removed the united states of the gold/silver standard on August 15th 1971
( President Richard Nixon to end the direct convertibility of the dollar to gold on August 15, 1971, resulting in the system's breakdown (the "Nixon Shock").

from http://en.wikipedia.org/wiki/Gold_standard

 

INFO GRAPHIC OF SILVER

 http://goldandsilverblog.com/the-history-of-silver-0431/




Here  Also is a article from a man I truly Admire Michael Maloney. He explains the future process of the precious metals and it's cycle

https://wealthcycles.com/features/how-to-start-investing-in-gold-and-silver

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