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Silver Quarter still buys a gallon of gas!
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<p>[QUOTE="isaiah58, post: 1998270, member: 29459"](Comments here are meant for physical posession purposes)</p><p> </p><p>In 1964 a "silver" quarter purchased a gallon of gas. There are other benchmarks one can also cite.</p><p> </p><p>Over time, silver has pretty much kept up with the current economy. Gas in my area is under $3.25 a gallon, essentially the value of silver contained in the same 1964 quarter.</p><p> </p><p>The Dollar Index has jumped recently from 78 area to almost 85, today a huge jump closing in on 87. The dollar is showing global strength, prices of key commodities are all in line with each other. Gas prices have dropped. I'd love to see gas at $2 a gallon and all of my other costs drop back in half, even if that means silver will drop as it should.</p><p> </p><p>Silver has NOT lost value, it has maintained it. Measure your PM's in quantity and compare their buying power properly.[/QUOTE]</p><p><br /></p>
[QUOTE="isaiah58, post: 1998270, member: 29459"](Comments here are meant for physical posession purposes) In 1964 a "silver" quarter purchased a gallon of gas. There are other benchmarks one can also cite. Over time, silver has pretty much kept up with the current economy. Gas in my area is under $3.25 a gallon, essentially the value of silver contained in the same 1964 quarter. The Dollar Index has jumped recently from 78 area to almost 85, today a huge jump closing in on 87. The dollar is showing global strength, prices of key commodities are all in line with each other. Gas prices have dropped. I'd love to see gas at $2 a gallon and all of my other costs drop back in half, even if that means silver will drop as it should. Silver has NOT lost value, it has maintained it. Measure your PM's in quantity and compare their buying power properly.[/QUOTE]
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Silver Quarter still buys a gallon of gas!
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