4um: SIlver $17.41 an ounce

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Title: SIlver $17.41 an ounce
Source: [None]
URL Source: https://www.kitco.com/charts/livesilver.html
Published: Sep 14, 2019
Author: staff
Post Date: 2019-09-14 18:48:52 by Horse
Keywords: None
Views: 865
Comments: 3

In 1962 the minimum wage was $1.25 an hour payable in 90% silver quarters. $14.62 is what the cheapest price for one dollar of face value coins. That is $18.72 per hour in today's money.
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#1. To: Horse (#0)
We know why there is a discrepancy. Wages have not kept pace with inflation either. ;)
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
BTP Holdings posted on 2019-09-14 23:04:29 ET Reply Trace Private Reply
#2. To: Horse (#0)
That's still historically cheap; I paid near $30 several years back when the PM craze was in full effect.
Doesn't matter, if you can afford to pick up some metals, just do it when you can. The stuff doesn't "go bad."
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
Lod posted on 2019-09-15 1:00:51 ET Reply Trace Private Reply
#3. To: Lod (#2)
That's still historically cheap

I've got some that I paid less than $10/oz for years ago.
Not to mention, the old man talked me into buying some uncirculated rolls of 90% silver Half Dollars when I was driving the big truck and making tall cash. ;)
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
BTP Holdings posted on 2019-09-15 1:11:40 ET Reply Trace Private Reply
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