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The Spanish Silver of Mowry

The Arizona mine and town that eventually became known as Mowry actually started with the discovery of a rich ledge of silver by either Spanish Jesuit priests or Spanish soldiers around 1736.

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Occurrences such as these have proven, time and time again, that gold possesses the attribute of maintaining significant value over time, something that cannot be said of unbacked, fiat paper money where every such issuance has eventually deteriorated throughout history into virtual worthlessness.

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