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Blonde Girl Strips From Her Silver Underwear
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Price
At an April 2011 price of about $49 USD per troy ounce, silver is about 1/30th the price of gold. The ratio has varied from 1/15 to 1/100 in the past 100 years.
In 1980, the silver price rose to a peak for modern times of US$49.45 per troy ounce (TO) due to market manipulation of Nelson Bunker Hunt and Herbert Hunt inflation adjusted to 2011 this is approximately U$D150 per troy ounce. Some time after Silver Thursday, the price was back to $10/TO. From 2001 to 2010, the price moved from $4.37 to $20.19 (Average London US$/oz). According to the Silver Institute, silver's recent gains have greatly stemmed from a rise in investor interest and an increase in fabrication demand. In late April 2011, silver reached an all-time high of $49.76/TO.
In earlier times, silver has commanded much higher prices. In the early 15th century, the price of silver is estimated to have surpassed $1200 per ounce, based on 2011 dollars. The discovery of massive silver deposits in the New World during the succeeding centuries has caused the price to diminish greatly.
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