Quote from peilthetraveler:
A gallon of gas cost about 25 to 28 cents in 1960. Average gas prices as of today across the US is 2.62 per gallon. A pre-1965 quarter has .18018 oz of silver in it. Todays silver prices are about 15 dollars per oz. A pre-1965 quarter has $2.71 worth of silver, so a gallon of gas still costs the same amount of silver as in 1960.
Kind of put things in perspective about how the dollar is worth less, but silver has held its value and still purchases much of the same stuff for the same amount of silver.
Interesting.
I like physical silver. I have a modest quantity of silver maples that I've accumulated since around 1992. I've never really paid attention to what they were worth but I'm aware that there is a somewhat painful spread if you attempt to sell them in the market. They can be easily sold around LA. After all, Tulving is right down the road.
About 7 miles from my house is the San Andreas earthquake fault. My place sits up on a rocky butte (exposed bedrock) that historically doesn't shake much with lots of precarious rock formations looking like something out of a roadrunner cartoon. There is a good chance that my home would not collapse in a major earthquake so I would likely be able to stay in place and kind of camp out until water/power/civilization is restored.
If something really bad happened I always figured that I could basically spark up a local barter system, you know, buy a chicken for a silver maple or a handful of shotgun shells, that kind of thing. Perhaps that is a flawed concept. My home being in the center of town but almost 400 ft above it and being made mostly of rock one does get an image of some medeviel town in germany surrounding a castle on a hilltop. I could assume the role of berger and stamp my mark on a few thousand silver maples and probably become some kind of local warlord. Yeah, thats the ticket.
