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Yes, the price of silver is lower than the price of gold, therefore the value of a silver bar would cost less than a gold bar. The way the economy is right now has nothing to do with it, the price of gold has always been more than silver.
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What problems did Europeans face in using gold and silver coins?
Since the economy was based on gold and silver, the economy could not grow. It was stymied because of the lack of gold and silver...
Is it true that so much silver has been consumed that there is more gold than silver?
Absolutely not! Silver is MUCH more plentiful than gold. If There were more gold than silver, silver would COST more than GOLD!
How is the economy like in England?
England has gold and silver stuff.
Does silver cost more than gold?
No, gold is more expensive than silver as it is more rare
How would bimetallism help the economy according to its support?
by giving people either gold or silver in exchange for paper currency or checks
What cost more gold or silver or platinum?
Platinum
Which is worth more gold or silver?
If both gold and silver are same size gold would be .
How did gold and silver mining in North and South America impact Spain's economy?
Spain acquired a great deal of wealth because the gold and silver were sent to Spain.
What in particular made the economy of spanish-ruled Mexico flourish?
Gold and silver mining.
What is a summary of the Cross of Gold speech?
The Cross of Gold was given by William Jennings Bryan on July 9, 1896 at the Chicago Coliseum. It considered the placing of the economy of the US on a gold standard while there would be no silver standard.
Which would displace more water gold or silver?
silver would
What type of gold is 9ct gold plated sterling silver Is it real gold or real silver?
A nine carrot gold plated sterling silver is both gold and silver. This would be more sliver than gold.
