00:01So first let's talk about the past of silver.
00:04Silver, which is precious metal and gold,
00:08has been used for thousands of years in the entire world as currency.
00:14Silver was not a thing to do, but it was transactions.
00:19Money was meant to be silver and gold.
00:25However, as the trade currencies became popular in the world,
00:29paper money replaced gold and silver as currency.
00:36Here is an interesting thing to think about here.
00:39Historically, the ratio between gold and silver was between 10 to 20.
00:45If you exchange gold with gold,
00:47if you exchange gold with gold,
00:49you get 10 to 20 grams of gold.
00:53But when fiat currencies came in the entire world,
00:56and gold and silver used as currency,
00:59the ratio between gold and silver
01:02has been increased by 50 to 60 times.
01:06And if we talk about today's date,
01:08which means November 2020,
01:09this ratio is 80 times.
01:11That means you can exchange gold with gold and silver,
01:17and these names from of ㅋㅋㅋㅋacz.
01:18Here we are a lot of interesting things,
01:19which means gold and silver
01:21are black and gold.
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