Most of us have either told or heard those tales of yesteryear about how you could get a hamburger for a dime, or a gallon of gas for a quarter. This was the reality in 1964! Of course, these nostalgic facts become a bit slanted once you take income into account – in 1964, the…
A Six-Figure Income Isn’t What it Used to Be
In decades past, the magic 6-figure salary was (…and still is) a monumental accomplishment. Individuals and families with earnings over $100k per year often had two nice cars, a nice home, took good vacations and still had plenty left over to save for the kid’s college and retirement. But inflation (…or rising prices) has eaten…
States Seek Alternatives to the U.S. Dollar
In the last couple of years, an increasing number of state legislatures across the country have introduced bills to allow gold and silver to be used as legal tender. In 2011, Utah became the first state to introduce its own alternative currency to the U.S. dollar. That state’s governor, Gary Herbert, signed a bill in…
Can I Really Drive from Atlanta to Orlando for 2-Ounces of Silver?
Much of our interest in silver is driven by its comparison to paper U.S. Dollars. A few months ago, we wrote a post about a gas station in Oregon accepting 90% junk silver quarters and dimes. In that commentary, we explored the relationship between silver (…or commodity backed money) and the fiat dollar and found…
New Silver Smelting Process Produces Coins without Environmental Impacts
While much of the interest regarding precious metals is directed toward gold, silver is a metal deserving of more attention. Besides being a store of wealth, silver is also a highly usable industrial metal, used in everything from automobiles to consumer electronics (…like your computer or smartphone). When silver is mined though, it doesn’t come…
Analyst Dan Norcini Explains Recent Dip in Metals Prices
In an interview with King World News, veteran observer and analyst Dan Norcini explained the cause of this week’s dip in gold and silver prices. This dip has led some to question the strength of these markets but Norcini has another take that’s important to consider. Just this week, gold and silver have taken a…
