COMMENT: You’re unsuitable. Silver didn’t decline throughout World Conflict II.
TH
ANSWER: I feel you misunderstood what I stated. It isn’t that silver declined in value as a result of it was mounted, as you’ll be able to see from this chart. Nonetheless, silver declined relative to nickel, which was extra important in the course of the warfare, in order that they changed the 5-cent nickel with practically pure silver. After the warfare, the 5 cent returned to being struck in nickel. What I stated is to concentrate to the unfold between silver and nickel as a sign of warfare.
Throughout World Conflict II, they imposed mounted costs to stop inflation. As you’ll be able to see, as quickly because the warfare ended and the worth fixing ended, there was a significant rally in 1945. By 1966, silver was testing the excessive of World Conflict I. The main low was with the inventory market in 1932 BECAUSE the greenback was at a report excessive.
