The Silver Age

The US Congress is currently trying to figure out a budget before the Ides of March. During the Roman Republic, the Ides were the time of the month when the full moon appeared, usually around the 15th. It was the date traditionally used to settle debts.[1]

Long story short, either Congress defaults on the federal debt or hyper-inflates the paper dollar (Federal Reserve Note) to pay for it.[2]

For people with paper dollars, prices will continue to rise. For people with silver dollars, prices may fall back to 1964- the last year that US coins were silver.

While gold can be used for large purchases, historically, silver and copper coins were used in daily transactions. Click on the link for a list of prices from the Sears Spring and Summer Catalogue from 1964: 1964 Sears Spring Summer Catalog - Catalogs & Wishbooks

Washing Machine: $189.95

Dryer: $129.95

Asprin: $.89 for 300 tablets.

Men’s Suit: $27-$59

Do you have enough silver for a $30 suit? 24.05g silver x 30 = 721.5g silver.

Price Reference:

Dime= 2.5g (2.25g silver; .25g copper).

Quarter= 6.25g (5.62g silver; .625g copper).

Half Dollar= 12.5g (11.25g silver; .125g copper).

Dollar= 26.73g (24.05g silver; 2.673g copper).

[1]Beware the Ides of March — Hamilton Mobley

[2]https://www.hamiltonmobley.com/blog/printing-money-lowers-interest-rates