Loading ...I had a bit of an epiphany the other day.
Long story. Summary follows
I was talking to the Property Manager of the vacation property across the street.
Blah, blah, blah…. to the point…
She said she pays $25hr for a cleaning person, but she has trouble finding them for that. Others PMs pay $35+/hr.
I like her and the owner and said if she had an emergency where she needed somebody she could contact me and I would help her out.
Then I thought about it. I wouldn’t want to be paid the $25-35/hr. in FRNs – I would request to be paid 2 oz Silver/hr instead.
Then I thought about it some more – What if other workers took their pay in oz. Ag at the going exchange rate of $14/oz ?
What if the workers at McDonald’s did the same – and at Boeing Aircraft… …..and…. and the millions of retired gov’t workers.
A decent hamburger costs about an ounce of silver.
A six pack of decent beer close to it.
When one thinks about what it takes to get an ounce of silver in hand – exploration; financing; mining; refining; coining; wholesale & retail markups; delivery…..
Silver is ridiculously under valued