COMMENT: You’re unsuitable. Silver didn’t decline throughout World Battle II.
TH
ANSWER: I believe you misunderstood what I stated. It isn’t that silver declined in worth as a result of it was mounted, as you’ll be able to see from this chart. Nevertheless, silver declined relative to nickel, which was extra essential through the battle, so that they changed the 5-cent nickel with practically pure silver. After the battle, 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 battle.
Throughout World Battle II, they imposed mounted costs to stop inflation. As you’ll be able to see, as quickly because the battle ended and the worth fixing ended, there was a serious rally in 1945. By 1966, silver was testing the excessive of World Battle I. The most important low was with the inventory market in 1932 BECAUSE the greenback was at a document excessive.