[kittymyrib]

This morning on CNBC’s Worldwide Exchange, the head of the Gold and Silver Exchange was on and made a very vivid point. He held up a 1935 dime with its 90% silver content and said that in the Depression, that dime would buy one gallon of gasoline. That same amount of silver, at $48/oz. today, would also buy one gallon of gasoline.

Commodities tend to keep their value relative to each other. It’s only our paper currency that has become practically worthless. We have the wizards at the Federal Reserve to thank for that.

[Lurker]

That same amount of silver, at $48/oz. today, would also buy one gallon of gasoline.

I've made this point for years. PM's aren't necessarily an investment vehicle but they are an excellent store of value.

[Jane Long]

Yep, a Mercury (90% silver) dime is worth $3.52, right now. Wow.

[CottonBall]

Commodities tend to keep their value relative to each other.

My hubby keeps saying how much gold and silver are rising. I keep correcting that they are not rising so much as the dollar is dropping.

Even those in the Weimar Republic tended to look at it backwards.

[wolfcreek]

“cept now, the dime has no silver. Sigh.