He pointed out ancient photos of Kashmiris in formal dress and showed us black-and-white images printed on silver gelatine paper.

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Hence, it was cheaper to get silver by using the paper money to buy it on the market than by converting the paper money into silver at the fictional legal price.

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Coinage fluctuated between all gold (less frequently) or all silver (more frequently) or all paper or all Spanish for the dollar.

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Now with gold over valued, silver coins disappeared from circulation and gold coins (and paper money) dominated the currency.

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From 1861 until 1873 neither gold nor silver were used as currency and all US currency was paper which could not be exchanged for either.

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You can easily buy gold and silver through a vehicle that is backed by actual gold and silver rather than derivatives, swaps, and other esoteric paper promises.

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Paper currency began as warehouse receipts for specified weights of gold or silver.

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Mr. Silver had developed an extremely weak glue, a paste so feeble it could barely hold two pieces of paper together.

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