Wednesday, August 17, 2011

Silver Is Money, Dirham Is More Powerful

“The major monetary metal in history is silver, not gold.” – Noble Laureate Milton Friedman in an interview with James U. Blanchard III for the 20th Anniversary New Orleans Investment Conference, November 7, 1993.

“To 250 million persons in 51 countries the word for money is the same as the word for silver and silver literally means money.” Silver Profits in the 80’s, by Jerome F. Smith and Barbara Kelly Smith, copyright © 1982, ERC Publishing Company, page 43.

“Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves.” Money and Wealth in the New Millennium, by Norm Franz, copyright © 2001, Whitestonepress, page 154.

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