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A 100-ounce silver bar worth $500 thirty years ago now costs $5,000, while $1,000 that bought a used car then barely covers a car payment now. Silver has held value as dollars lost purchasing power.
A 100-ounce silver bar worth $500 thirty years ago now costs $5,000, while $1,000 that bought a used car then barely covers a car payment now. Silver has held value as dollars lost purchasing power.
This right here is what some people invested with back in the day. This is a silver bar. It's a 100-ounce silver bar. Silver's at $5,000. Silver is at $50, 100, $5,000. This is a $5,000 silver bar. It's 100 ounces. So I just brought this because some people would say, okay, I put this in my vault about 30 years ago, and this was basically— 30 years ago, maybe this was $500. Now it's $5,000. So if you put— let's say you put $1,000 in that same safe 30 years ago, what's it worth now? A lot less. Because yes, it's $1,000, but what does it buy you? The value of money. Well, what does it buy you right now? $1,000 back then, maybe not buy a car, but maybe $1,000 would buy you a used car 30 years ago, possibly. Right now, $1,000, maybe it's a car payment. It's a big difference, right? So my only point is, you know, certain things go up, Certain things go down. I am not predicting anything tomorrow. Maybe everything gets collapsed, someone gives a speech, a war stops, a war starts. Could change the, the value of everything. Please subscribe so you don't miss any future videos.
