OK - I have chosen a "winner" for this puzzle - tis just before the big game gets started.
And it turns out it is a tie.
Browntsunami with (his) thoughts on value is a winning post.
Likewise Amaterasu Solar with (her) willingness to explore ranges is also winning.
~
Therefore, I will pick a "random" coin out of the jar for both winners and I'll be in touch to find a mailing address and I'll send you these coins along with a personal message and I think this could be a fun sort of way to communicate - old-fashioned style.
I like your puzzles, however, I would like to decline the prize. I enjoy playing but I don't need a prize for the fun I have with our interaction. In any case, the sending and keeping is not as much fun. Keep it for another puzzle or, as I always say, donate it to a charity of your choice. Thanks.
Fair enough - tis always the discretion of a declared "winner" to refuse any "winnings".
Still, consider if what I picked out was just a penny.....an old penny copper coin....don't you think the value resides not in the "winnings", but in the personal message I would send along with the coin chosen?
I understand and it doesn't really matter that much, but in my life there was a time when I had correspondence via "old-fashioned" mail and something about that is different and better if you want my humble opinion versus chatting on the web!
Brown - for the sake of making this easy - I know there is a way to directly contact a substack author but my email addresses - all that I have - they are already out there - so let me give you my business email address here cause it is already public info and I've got nothing to hide.
So I'm pretty sure you can send a message personal via that address and then if desired we can have some discourse just so we both are in concurrence that we are talking with each other and then I'll send the letter with the coin in it - I'm about to go pick the coin out now and I'll take a picture of it and post it on this article - as a show of good faith!
OK - I'm going to figure out a way to contact you via personal email - or you can contact me that way - then we can verify we know each other - and then I'll send the letter to the address you provide.
I'm pretty good at being convincing amongst friends - I think this is fun and I'll take a picture of the coin that will be sent if this all works out!
So - seems the going price for these 10 troy ounce bars today is around $280 per bar. Add in shipping and handling and whatnot - I'd say one estimate of the value is this:
~
8 * 280 + 25 = $2265
~
If you don't think the shipping and handling should be included, then that is the difference twixt the value of something you have in hand already versus something you purchase that also has delivery expense. Regardless, that cost is a fraction of the total - and moreover - this is NOT my final opinion - but I think it gets a bit closer to the value today.
~
There may come a time when the value of items in hand goes up considerably - especially if shipping and handling gets more costly and uncertain.
Would value and price be quite different things? As price is a manipulated object, how do you even really know what that means. The price is different from country to country, even if you take into account the nominal conversion rates. There is also the issue with micro-second fluctuations from computer trading. I think price is in the minds of the big financial manipulators and how they will push it there for rent extraction. So your analysis based on price is wrong once written. The question based on price is not answerable.
The puzzle based on value is very different. Each bar is at a minimum contained in 10 oz of silver. However, the value for survival, in a situation like hyperinflation, would be significantly greater than the object value. There is again to much of a subjective element in that case. So, I suggest the puzzle cannot be answered in value terms, unless you restrict it more, at some point it becomes a value of 10oz silver + plastic wrap + labor in mining, purifying, casting, etc..
Again, I think the question is unanswerable.
The value to me, is we have previously discussed. That is constant until I change my mind.
I think your response has merit - however - I also think the silver bars have value inherent in a way - but depending upon situation and time.
So maybe you are correct - "the question is unanswerable" - but sometimes questions get asked and an answer is demanded and as I said in the post proper - the "best" answer will be the winner!
So far, I think yours is the best, but I need to think about this some more - and I agree - I mean value in US $ ain't the same as a canadian loony is it? And the ratio twixt currencies global is also something that has been "gamed" and that is why a coin in hand does have value irrefutable, but it just depends on how neighbors choose to interact with each other.
This is the way I like to learn sometimes when I have a bit of time to just explore around....
So I did a bit more searching on the name on the silver bars above and it led to this:
~
Johnson Matthey traces its origins to 1817, when Percival Norton Johnson set up business as a gold assayer in London.[4] In 1851 George Matthey joined the business and its name was changed to Johnson & Matthey.[4] The following year the firm was appointed official assayer and refiner to the Bank of England.[4] The company had branches in the cities of Birmingham and Sheffield to supply the jewellery and silverware and cutlery trade with raw materials and ancillary supplies, such as silver solder and flux, which it manufactured.[5]
~
In 1874, the company was commissioned to manufacture the kilogram reference standard, made from 90% platinum and 10% iridium, and held in the Bureau International des Poids et Mesures (International Bureau of Weights and Measures), and copies of it for international distribution. Johnson Matthey similarly also produced the International Prototype Metre and its copies.[6]
I would suggest that it often is the case that these various corporate interests purchasing one another are often not is independent as they make themselves out to be - that is why the state of Delaware - where all the corporations love to be incorporated is in deep doo doo I think - no other state will want anything to do with it in fairly short order being their is a delaware dimwit befouling the not so white house in the made up city of dc and it is contemptuous in outlandish disrespect for the founders of this place where I reside.
Oh, I forgot, the apparent color differences is because of your light source near the upper left of the bars and the ratio ambient scattered light pluse reflected light from your background. Part of that background is possibly your dark shirt near the bottom center, or, some other dark background.
But then, it could be alien technologies in action. In which case, we need to get x-files on this puzzle.
You know I don't make friends easy - not in person nor on the net.....
Still - if you are ever down here in the "lower 48" you can rest assured I've got a place you could stay for free - tis in Fries, VA for goodness sake and that house is coming along and ready!
So, I hope and expect, you feel likewise and if I ever got a flea up my butt and decided - I'm going to effing Canada and I'll cross the border unnoticed - I'm thinking you would open the door for me......we can agree on that I hope!
I have interacted with you on this platform for some time now. I appreciate your honesty and dogged trying to make and become better. I would love to host you at my humble home whenever you are able to grace me with a visit.
I hope I am not too forward, if i end this note with,
Well - strictly speaking - that is what is referred to as the "spot value" - but then consideration must be given for the quality of the silver, the packaging, and of course - there are shipping costs and whatnot.....I mean this simple question is a matter of "perspective" - just as the way the light reflects off the bars is!
I believe these bars are the genuine deal, well made, well packaged and worth more than spot value. No rush, lets refine what the "value" is is what I think, but those bars are damn near pure silver - and the silver to gold ratio has been "out of whack" lately you want my humble opinion - I just think, just like the generator has been - those bars are sort of a "cheap insurance policy" - there is value in that as well.
I see. Well, I always thought that the price They say a metal is worth per oz is based on pure metal of that type. Perhaps I am wrong on that... LOL! I would have no further clues how to value those, unless the minting itself adds value - like a rare coin....
Well "spot value" sort of reflects the value in my opinion "on paper" - the spot value is what hedge funds and other traders use in paper transactions for their various purposes (some of which I consider "nefarious" - and derivative instruments are part of this weaponized way of currency movement and tis a house of cards in my humble opinion).
So, per that logic, the value of "coin in hand" (be it a bar, an ignot, or any other form of metal minted via gubment entity or accepted manufacturer) is greater than spot value, and often the value is significantly higher than spot. I mean consider this:
The "minting" be it via a gubment entity or another entity gives it some authenticity - so if you purchase from a "trusted name" known to be reliable - there is value in that inherent.
I think you guess is getting closer, but presently I'm sure I could replace the bars above for less than $5000!
The Cerro Rico de Potosí was the richest source of silver in the history of mankind. The extraction of mineral ores in Cerro Rico de Potosí began in 1545 by the Spanish Empire. Between the 16th and 18th century, 80% of the world's silver supply came out of this mine.[6]
~
After centuries of extractive mining methods that severely damaged the local ecology the mountain continues to be mined for silver to this day. Due to poor worker conditions, such as a lack of protective equipment against the constant inhalation of dust, many of the miners contract silicosis. They have a life expectancy of around 40 years. The mountain is still a significant contributor to the city's economy, employing some 15,000 miners.[citation needed]
You know - I know others have read this and so I'm genuinely melancholy by the lack of discourse on this topic which I think is important and critical at this moment in time. So, let me first put out a thanks to both Brown and "the Solar one" for their comments below - they are most appreciated and the best part is you can basically "trust" me when I say this at least based on the fact that we have been having discourse for many months now. So - if not face-to-face, at least we sort of know each other more than just casually. That matters.
~
This is my opinion and my estimate of the value of the bars above - my mind sometimes likes to place things in a list, so I'll do it that way:
1. I trust the bars are "as advertised" meaning they are 99.9+ percent pure silver. 10 "troy" ounces each (read that close - a troy ounce is what?).
2. Pure silver is something that has captured the imagination of so many over the years - it has inherent value in this manner. Silver - did you know - it is the best conductor and oh my when put in a mirror proper - nothing reflects better than silver!
3. It used to be silver was in coinage, but not so much these days - what happened deep back in history is they found a mountain in Bolivia that one wonders - was it "pure silver" - El Rico or some such it was called and the Spanish empire suddenly had new wealth from the new world out of place now in south merica and oh my the price of silver plummeted over time way back then and the Spanish empire - now they are being bullied by the us of a dimwits to fight some defender in Yemen - my oh my how the clock turns....
4. Having the silver in hand only has value if others also think it has value. I think it has value.
5. I think silver has value - I don't have more than my fair share - but sometimes I don't trust the gubmint - so I'd just assume have coin in hand, but it is just insurance.
6. Being prepared is important these days in 2024 - the Year of Resolution in my book and in my mind.
~~~
So, to conclude - I think the bars are priceless, but if somebody makes an offer I can't refuse - then maybe they could be in your possession.
Lastly, I'm just going to type this cause I think that is the best way to communicate the concept.
~
A "Troy" ounce is a unit of weight based upon the concept of the "pound" in which the ounces are twelve per pound versus the "conventional" concept of an ounce used in many ways where there are 16 ounces per pound.
~
Now - the term "pound" can lead to confusion because it has both an aspect of mass as well as volume and sometimes they get a bit interchanged with each other - but any good chemical engineer knows better.
~
So, my "final answer" is I consider the bars above in my possession either priceless or whatever somebody is willing to pay me for them in concurrence and only I the one who has the bars in hand knows what that price is.
The story of Cerro Rico is one of mercantilism coming face-to-face with folks local....in the end, as often is the case in history - maybe since the time the Minoans got wiped away - the folks local suffered and the silver was extracted and so many lives were lost.
You know - I would like to say and proclaim I have studied very hard and I am well informed. I have many friends from all around the country and the neighborhood. I'm humble in disposition, well-studied, and sometimes I can be a smart ass when I'm with good friends mainly.
You see in Cerro Rico so much silver was found it disturbed the balance up till that time, and you may not realize, but that changes the lives for all of us alive today.
I suspect much of the silver in the bars above actually originated in Cerro Rico - do you want to bet on that - and please, let me inform you....I am well studied.
My guess - and there was an article I read about this - it spoke to all the gold and the silver ever been pulled out of the ground of earth - and it talked about the fate of those metals and where it all ended - I can tell you this - most of the metal has NOT been lost - cause for goodness sake - it has inherent value.
I'm guessing more than 50% of the silver in the bars captured in the image above - one reflecting most precisely - came out of Cerro Rico.
I'm putting 2-1 odds on that such that if I'm correct, then I get a payout twice what I put in - so I put in all the bars above and then lets do some detailed chemistry testing - and then lets confirm one way or the other the origin of the silver in them bars - I'm betting most of it came from Cerro Rico - in a way that is a shame, but it could be proven factually.
~
Anybody want to bet against me? On this topic or any other....or if you want to place a bet in opposition - then please do - place your bet and the funds will be deposited prior to payout.
~
I play to win.
I got these bars here and I suspect - in fact I sort of know with high confidence - there was a lot of suffering in the making of these bars - so I have nothing but respect for that - I'll give my life for it.
OK - I have chosen a "winner" for this puzzle - tis just before the big game gets started.
And it turns out it is a tie.
Browntsunami with (his) thoughts on value is a winning post.
Likewise Amaterasu Solar with (her) willingness to explore ranges is also winning.
~
Therefore, I will pick a "random" coin out of the jar for both winners and I'll be in touch to find a mailing address and I'll send you these coins along with a personal message and I think this could be a fun sort of way to communicate - old-fashioned style.
~
Go Bills!
BK
Hi Ken,
I like your puzzles, however, I would like to decline the prize. I enjoy playing but I don't need a prize for the fun I have with our interaction. In any case, the sending and keeping is not as much fun. Keep it for another puzzle or, as I always say, donate it to a charity of your choice. Thanks.
Fair enough - tis always the discretion of a declared "winner" to refuse any "winnings".
Still, consider if what I picked out was just a penny.....an old penny copper coin....don't you think the value resides not in the "winnings", but in the personal message I would send along with the coin chosen?
I understand and it doesn't really matter that much, but in my life there was a time when I had correspondence via "old-fashioned" mail and something about that is different and better if you want my humble opinion versus chatting on the web!
~
Warmly - and Go Bills!
Ken
Well, that was convincing, I accept the prize along with this bonus piece of wisdom as well. Thank you.
Brown - for the sake of making this easy - I know there is a way to directly contact a substack author but my email addresses - all that I have - they are already out there - so let me give you my business email address here cause it is already public info and I've got nothing to hide.
ken@kjh-es.org
http://www.kjh-es.org/
So I'm pretty sure you can send a message personal via that address and then if desired we can have some discourse just so we both are in concurrence that we are talking with each other and then I'll send the letter with the coin in it - I'm about to go pick the coin out now and I'll take a picture of it and post it on this article - as a show of good faith!
~
Go Bills
Ken
OK - I'm going to figure out a way to contact you via personal email - or you can contact me that way - then we can verify we know each other - and then I'll send the letter to the address you provide.
I'm pretty good at being convincing amongst friends - I think this is fun and I'll take a picture of the coin that will be sent if this all works out!
Thanks Brown for all you do.
Ken
Perhaps this might be a way of assessing value:
https://www.apmex.com/product/90498/10-oz-silver-bar-asahi?utm_campaign=&utm_content=-&utm_source=google&utm_medium=cpc&utm_campaign=&utm_content=&gad_source=1&gclid=EAIaIQobChMIocbYpPXVgwMVBLJaBR3NIACxEAAYASAAEgLd-fD_BwE
https://online.kitco.com/buy/1003AS/10-oz-Asahi-Silver-Bar-999-1003AS
~
So - seems the going price for these 10 troy ounce bars today is around $280 per bar. Add in shipping and handling and whatnot - I'd say one estimate of the value is this:
~
8 * 280 + 25 = $2265
~
If you don't think the shipping and handling should be included, then that is the difference twixt the value of something you have in hand already versus something you purchase that also has delivery expense. Regardless, that cost is a fraction of the total - and moreover - this is NOT my final opinion - but I think it gets a bit closer to the value today.
~
There may come a time when the value of items in hand goes up considerably - especially if shipping and handling gets more costly and uncertain.
~
BK
Would value and price be quite different things? As price is a manipulated object, how do you even really know what that means. The price is different from country to country, even if you take into account the nominal conversion rates. There is also the issue with micro-second fluctuations from computer trading. I think price is in the minds of the big financial manipulators and how they will push it there for rent extraction. So your analysis based on price is wrong once written. The question based on price is not answerable.
The puzzle based on value is very different. Each bar is at a minimum contained in 10 oz of silver. However, the value for survival, in a situation like hyperinflation, would be significantly greater than the object value. There is again to much of a subjective element in that case. So, I suggest the puzzle cannot be answered in value terms, unless you restrict it more, at some point it becomes a value of 10oz silver + plastic wrap + labor in mining, purifying, casting, etc..
Again, I think the question is unanswerable.
The value to me, is we have previously discussed. That is constant until I change my mind.
I think your response has merit - however - I also think the silver bars have value inherent in a way - but depending upon situation and time.
So maybe you are correct - "the question is unanswerable" - but sometimes questions get asked and an answer is demanded and as I said in the post proper - the "best" answer will be the winner!
So far, I think yours is the best, but I need to think about this some more - and I agree - I mean value in US $ ain't the same as a canadian loony is it? And the ratio twixt currencies global is also something that has been "gamed" and that is why a coin in hand does have value irrefutable, but it just depends on how neighbors choose to interact with each other.
Respectfully,
BK
Hey, don't make fun of all us loonies up here in the frozen north, eh.
This is the way I like to learn sometimes when I have a bit of time to just explore around....
So I did a bit more searching on the name on the silver bars above and it led to this:
~
Johnson Matthey traces its origins to 1817, when Percival Norton Johnson set up business as a gold assayer in London.[4] In 1851 George Matthey joined the business and its name was changed to Johnson & Matthey.[4] The following year the firm was appointed official assayer and refiner to the Bank of England.[4] The company had branches in the cities of Birmingham and Sheffield to supply the jewellery and silverware and cutlery trade with raw materials and ancillary supplies, such as silver solder and flux, which it manufactured.[5]
~
In 1874, the company was commissioned to manufacture the kilogram reference standard, made from 90% platinum and 10% iridium, and held in the Bureau International des Poids et Mesures (International Bureau of Weights and Measures), and copies of it for international distribution. Johnson Matthey similarly also produced the International Prototype Metre and its copies.[6]
https://en.wikipedia.org/wiki/Johnson_Matthey#:~:text=Johnson%20Matthey%20traces%20its%20origins,to%20the%20Bank%20of%20England.
~
I would suggest that it often is the case that these various corporate interests purchasing one another are often not is independent as they make themselves out to be - that is why the state of Delaware - where all the corporations love to be incorporated is in deep doo doo I think - no other state will want anything to do with it in fairly short order being their is a delaware dimwit befouling the not so white house in the made up city of dc and it is contemptuous in outlandish disrespect for the founders of this place where I reside.
Oh, I forgot, the apparent color differences is because of your light source near the upper left of the bars and the ratio ambient scattered light pluse reflected light from your background. Part of that background is possibly your dark shirt near the bottom center, or, some other dark background.
But then, it could be alien technologies in action. In which case, we need to get x-files on this puzzle.
ha, ha....correct again - it is a function of the direction of light coming in the room - and only I - the taker of the picture know that first hand!
~
you make me laugh Brown - thankyou!
Ken
I have been told my humor is offensive. I am glad you don't mind.
You know I don't make friends easy - not in person nor on the net.....
Still - if you are ever down here in the "lower 48" you can rest assured I've got a place you could stay for free - tis in Fries, VA for goodness sake and that house is coming along and ready!
So, I hope and expect, you feel likewise and if I ever got a flea up my butt and decided - I'm going to effing Canada and I'll cross the border unnoticed - I'm thinking you would open the door for me......we can agree on that I hope!
~
I think your sense of humor is appealing.
Ken
I have interacted with you on this platform for some time now. I appreciate your honesty and dogged trying to make and become better. I would love to host you at my humble home whenever you are able to grace me with a visit.
I hope I am not too forward, if i end this note with,
Your friend,
(my first name sounds like the break of day)
a small and insignificant puzzle.
One day it may happen!
Now as for your name - I need to think about that.......
~
Bradley?
Brendon?
Brak......
oh wait:
"Brady" - that's my guess!
~
Ken
lol. I'll send your prize to a charity of my choice.
Would the value not depend on the current price of silver at any given moment? I would value that as $1,806.40 at the price of $22.58 per ounce.
As for the various "finishes" on the bars... No clue.
Well - strictly speaking - that is what is referred to as the "spot value" - but then consideration must be given for the quality of the silver, the packaging, and of course - there are shipping costs and whatnot.....I mean this simple question is a matter of "perspective" - just as the way the light reflects off the bars is!
I believe these bars are the genuine deal, well made, well packaged and worth more than spot value. No rush, lets refine what the "value" is is what I think, but those bars are damn near pure silver - and the silver to gold ratio has been "out of whack" lately you want my humble opinion - I just think, just like the generator has been - those bars are sort of a "cheap insurance policy" - there is value in that as well.
Peace!
Ken
I see. Well, I always thought that the price They say a metal is worth per oz is based on pure metal of that type. Perhaps I am wrong on that... LOL! I would have no further clues how to value those, unless the minting itself adds value - like a rare coin....
Well "spot value" sort of reflects the value in my opinion "on paper" - the spot value is what hedge funds and other traders use in paper transactions for their various purposes (some of which I consider "nefarious" - and derivative instruments are part of this weaponized way of currency movement and tis a house of cards in my humble opinion).
So, per that logic, the value of "coin in hand" (be it a bar, an ignot, or any other form of metal minted via gubment entity or accepted manufacturer) is greater than spot value, and often the value is significantly higher than spot. I mean consider this:
https://www.ebay.com/itm/285648077912?hash=item4281f3c458:g:u-gAAOSwkxNlkaDg
Here is another
https://www.jmbullion.com/1983-mexican-silver-libertad/
~
Now those prices are much higher than "spot value" - so there are other factors in assessing value is my point!
~
Ken
So the minting is the value creator beyond the metal itself. As I suggested, indeed.
I have no idea what the value added is for that minting of the bars. What the heck. I'll just guess and say the lot is worth $5,000. Haha!
The "minting" be it via a gubment entity or another entity gives it some authenticity - so if you purchase from a "trusted name" known to be reliable - there is value in that inherent.
I think you guess is getting closer, but presently I'm sure I could replace the bars above for less than $5000!
~
Go Bills!
Ken
👍
Did you know the name of the scale on the previous article was "letsfit" and that with those same letters one could spell "leftist".
I wonder - is this a coincidence or not?
What U think?
From: https://en.wikipedia.org/wiki/Cerro_Rico
~
History
The Cerro Rico de Potosí was the richest source of silver in the history of mankind. The extraction of mineral ores in Cerro Rico de Potosí began in 1545 by the Spanish Empire. Between the 16th and 18th century, 80% of the world's silver supply came out of this mine.[6]
~
After centuries of extractive mining methods that severely damaged the local ecology the mountain continues to be mined for silver to this day. Due to poor worker conditions, such as a lack of protective equipment against the constant inhalation of dust, many of the miners contract silicosis. They have a life expectancy of around 40 years. The mountain is still a significant contributor to the city's economy, employing some 15,000 miners.[citation needed]
You know - I know others have read this and so I'm genuinely melancholy by the lack of discourse on this topic which I think is important and critical at this moment in time. So, let me first put out a thanks to both Brown and "the Solar one" for their comments below - they are most appreciated and the best part is you can basically "trust" me when I say this at least based on the fact that we have been having discourse for many months now. So - if not face-to-face, at least we sort of know each other more than just casually. That matters.
~
This is my opinion and my estimate of the value of the bars above - my mind sometimes likes to place things in a list, so I'll do it that way:
1. I trust the bars are "as advertised" meaning they are 99.9+ percent pure silver. 10 "troy" ounces each (read that close - a troy ounce is what?).
2. Pure silver is something that has captured the imagination of so many over the years - it has inherent value in this manner. Silver - did you know - it is the best conductor and oh my when put in a mirror proper - nothing reflects better than silver!
3. It used to be silver was in coinage, but not so much these days - what happened deep back in history is they found a mountain in Bolivia that one wonders - was it "pure silver" - El Rico or some such it was called and the Spanish empire suddenly had new wealth from the new world out of place now in south merica and oh my the price of silver plummeted over time way back then and the Spanish empire - now they are being bullied by the us of a dimwits to fight some defender in Yemen - my oh my how the clock turns....
4. Having the silver in hand only has value if others also think it has value. I think it has value.
5. I think silver has value - I don't have more than my fair share - but sometimes I don't trust the gubmint - so I'd just assume have coin in hand, but it is just insurance.
6. Being prepared is important these days in 2024 - the Year of Resolution in my book and in my mind.
~~~
So, to conclude - I think the bars are priceless, but if somebody makes an offer I can't refuse - then maybe they could be in your possession.
Make an offer fair and then maybe we can trade.
Maybe they are not for sale - maybe they are.
I play fair, but I play to win.
BK
Lastly, I'm just going to type this cause I think that is the best way to communicate the concept.
~
A "Troy" ounce is a unit of weight based upon the concept of the "pound" in which the ounces are twelve per pound versus the "conventional" concept of an ounce used in many ways where there are 16 ounces per pound.
~
Now - the term "pound" can lead to confusion because it has both an aspect of mass as well as volume and sometimes they get a bit interchanged with each other - but any good chemical engineer knows better.
~
So, my "final answer" is I consider the bars above in my possession either priceless or whatever somebody is willing to pay me for them in concurrence and only I the one who has the bars in hand knows what that price is.
~
BK
The story of Cerro Rico is one of mercantilism coming face-to-face with folks local....in the end, as often is the case in history - maybe since the time the Minoans got wiped away - the folks local suffered and the silver was extracted and so many lives were lost.
I think humanity has lost its way.
I think it is time for some better ideas.
What you think?
BK
11224 1149
You know - I would like to say and proclaim I have studied very hard and I am well informed. I have many friends from all around the country and the neighborhood. I'm humble in disposition, well-studied, and sometimes I can be a smart ass when I'm with good friends mainly.
Now - let me share this info with you:
https://en.wikipedia.org/wiki/Cerro_Rico
You see in Cerro Rico so much silver was found it disturbed the balance up till that time, and you may not realize, but that changes the lives for all of us alive today.
I suspect much of the silver in the bars above actually originated in Cerro Rico - do you want to bet on that - and please, let me inform you....I am well studied.
BK
My guess - and there was an article I read about this - it spoke to all the gold and the silver ever been pulled out of the ground of earth - and it talked about the fate of those metals and where it all ended - I can tell you this - most of the metal has NOT been lost - cause for goodness sake - it has inherent value.
I'm guessing more than 50% of the silver in the bars captured in the image above - one reflecting most precisely - came out of Cerro Rico.
I'm putting 2-1 odds on that such that if I'm correct, then I get a payout twice what I put in - so I put in all the bars above and then lets do some detailed chemistry testing - and then lets confirm one way or the other the origin of the silver in them bars - I'm betting most of it came from Cerro Rico - in a way that is a shame, but it could be proven factually.
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Anybody want to bet against me? On this topic or any other....or if you want to place a bet in opposition - then please do - place your bet and the funds will be deposited prior to payout.
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I play to win.
I got these bars here and I suspect - in fact I sort of know with high confidence - there was a lot of suffering in the making of these bars - so I have nothing but respect for that - I'll give my life for it.