IMHO I will hold on to my small stack and if thing don't turn out too badly pass it to the next gen. I do think the bust will be similar in size to the artificial boom created by printing and it seems to repeat every 60 - 100 years.
IMHO I will hold on to my small stack and if thing don't turn out too badly pass it to the next gen. I do think the bust will be similar in size to the artificial boom created by printing and it seems to repeat every 60 - 100 years.
I also have my Stack... What is in question now, is what we use to Measure its Value...
Median house price in oz of silver
1963 - $10oz median house - 18000 = 1800oz
1970 - $11oz median house - 24000 = 2181oz
1980 - $40oz median house - 64000 = 1600oz
1990 - $9.5oz median house - 120000 = 12600oz
2000 - $7oz median house - 168000 = 24000oz
2010 - $25oz median house - 222000 = 8880oz
Hmm not a very good measure, next I will try farm land price if I can find the numbers.
If the above is the Case, it doesn't look like Silver is a very good Store of Value...
What I keep telling people is that Common U.S. Coinage will be on the Receiving
End of the Biggest Transfer of Wealth the World has ever seen... Prepare... A $200,000 Home will cost you $2,000 in Physical Pocket Change, after the Reset...
Well how about this chart for a "Got Silver?" type ad
1 gram silver in Zimbabwe dollar. Source fxtop.com
I’ve never been good with Charts... Zimbabwe Dollars as a Tool to Measure Value, failed Miserably...