Post by papaof2 on Jun 1, 2024 9:01:40 GMT -6
Silver was $28.20/oz on 10 May 2024. It was $30.43/oz or UP $2.23 on 31 May 2024. That is a 7.9% increase in 3 weeks which is also known as inflation, as there is no good reason for the price of silver to rise other than people no longer seeing value in a monetary standard which is based on "The faith and trust of the United States" - which many people no longer have faith in or trust of...
Go find an online compound interest calculator and see how much the price of something rises if it increases by 2.63% or 0.0263 per week for a year. Then apply that increase to bread, milk, gasoline, LP, water, insulin, garbage pickup, vehicle prices - you name it... Anyone on a fixed income will be running short of funds very quickly.
Go find an online compound interest calculator and see how much the price of something rises if it increases by 2.63% or 0.0263 per week for a year. Then apply that increase to bread, milk, gasoline, LP, water, insulin, garbage pickup, vehicle prices - you name it... Anyone on a fixed income will be running short of funds very quickly.