in the past (2) silver dimes would pretty much always buy a gallon of Gas or gallon of Milk,
as of right now the average price of gas in my city is ”
3.910 |
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Regular is several cents lower than last week’s price. The average price in California for regular gasoline decreased 2.8-cents from the previous week. The average statewide price for regular was $3.898.
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California Gasoline Statistics & Data
energyalmanac.ca.gov/gasoline/California
so either gas has to come down, or silver has to go up .. because right now…it does not add up!!!
$1.4012 is the rounded silver value for the 1946-1964 silver dime on August 22, 2014. This is usually the value used by coin dealers when selling these coins at melt value.
http://www.coinflation.com/coins/1946-1964-Silver-Roosevelt-Dime-Value.html
(2) silver dimes melt value adds up to be about $2.80
Gallon of Gas average in my city $3.91
The average price in California for regular gasoline is $3.898.
= something wrong with this picture!!
The average price for milk was $3.50 in December, according to the most recently available data from the Bureau of Labor Statistics.
“Milk Could Go Up 60 Cents a Gallon”
http://www.nbcnews.com/business/consumer/milk-could-go-60-cents-gallon-n32886
if that happened …Gallon of Milk would be $4.10 per gallon
but the experts say; “No Inflation” …you be the Judge?
My personal opinion, Silver is Undervalued at today’s price .. my humble opinion only!