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Fiction: This is a discussion about silver demonetization in the context of a mystery story. It also discusses Federal Reserve policy, honest money, consumer price inflation, and potential prices for silver in about five years - in 2020.
Review From Andy Hoffman:
"It's Tuesday morning, and before I get to today's highly thought-provoking topic - and sigh, "horrible headlines" - it's time for another "Miles Franklin Book Review." In this case, from one of the truly good guys of the Precious Metals newsletter community, Gary Christenson; who "deviated" from his typically forensic chart work - fitting, as his website is deviant investor.com - to write a "mystery" titled "Who Killed Doctor Silver Cartwheel?" "Cartwheel" is a slang term for 90% silver content silver dollars coins, before they were de-monetized by the U.S. government in 1964. In other words, what we today refer to as "junk silver." In its brief 160 pages - I read it in just three hours on the Stair Climber this weekend - he spins an entertaining tale of a private eye detective tasked with solving the mystery of who "killed" U.S. silver currency, expertly entwined with his unparalleled charting skills to determine what silver should trade at five years from now. I won't tell you what that price is - other than that it ishigher than today - but highly recommend you read it, as I'm sure you'll enjoy it."