Troy Ounce Silver: History
At Troy Ounce Silver.org, we will provide you with guidance on investing in silver, silver standards and it's historic importance in wealth creation even if you don't have a troy ounce of silver in your possession. Historic units of measurement of silver and other precious metals are still used in today's standards as they were used thousands of years ago.
Once you realize the standard and importance of gold and silver in currency and wealth creation, you will know why it has maintained it's value over time. Precious metals are exactly what they are considered to be because of the price to extract it and there was an element of human sacrifice attached to it.
Troy ounce is a unit of imperial measure used to gauge the mass of precious metals. 1 Troy Ounce is defined exactly 0.0311034768 kg or 31.1034768 grams. There are approximately 32.15 troy ounces in 1 Kilogram. One troy ounce is equivalent to 1.09717 avoirdupois ounces.
The troy ounce is part of the troy weights system derived from the Roman monetary system in which they used bronze bars of varying weights as currency. The troy ounce was retained over the avoirdupois ounce in the weighing and the pricing of silver.
You can use silver to create wealth and to ensure a comfortable retirement without the guilt of slave labor as a result of improving technologies today. As a matter of fact, you don't have to know anything about silver other than- It is still the best investment and you can still make money on it without having it in your possession.
Just Invest it.
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This will multiply your port-folio investment in silver and start realizing your dreams within ten years ensuring that you will have a healthy and wealthy retirement.
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Troy Ounce Silver- Invest In Silver Today
Investing in silver can create a great long-term or short-term investment strategy in increase your earning potential on your retirement port-folio. This applies to anyone, anywhere in the world.
Silver has been regarded as a form of money or currency for thousands of years, just as gold has been. Because of the nature of these precious metals, they have been regarded as a high value commodity and have been used in the development of coins and other valuable items for centuries If you are into collecting coins, jewellry and any interesting item made of silver or gold, you already know that they retain the greatest value.
Silver has risen dramatically since 2005,this has created an interest from most investors and has peaked a interest in investing by brokers and investors, this has added to the influencing factor in it's gains. Use our chart to see how silver has changed in price over the years.