OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

drb2 @ 12:39 re your Silver at $14, Should Be at LEAST, $28

Posted by Mr.Copper @ 14:42 on August 27, 2018  

Today, a cup of coffee is around $2 a cup or 20 silver dimes. That’s 20 times more than the late 1960s when a cup of coffee around here cost .10 Cents each or ONE Silver Dime.

There are 715 pure ounces of Silver in $1,000 face value.  So 20 times face value, on a ten cent silver dime. Silver today would have to be $28/per ounce to be equal to the old .10 cent cup of coffee.

Double check my math.

 

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.