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france hammer mills for gold sell at a loss

Apr 16, 2012 Now, France has 3,250,000,000 francs in silver, which is worth within her jurisdiction $646,695,000 in gold, at her ratio of 15.50 to 1. If that were sent here and coined at our mints at our ratio of 15.98 to 1, it would be worth $627,250,000, which would be at a loss to her of more than $19,000,000.

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