need to ask this for my own understanding:
if historically a silver dime was about an average day’s wage for a laborer, then an ounce represents 2 weeks wages. which means 26 ounces represents a year’s wage.
can anyone else give me a better interpretation? because that suggests silver is INSANELY undervalued, more than i ever could have imagined.
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I'm no financial expert, but I've been watching & studying things & bought some silver because over & over I came across sources saying how much it had been repressed compared to other precious metals like gold
As in, to the tune of $10-15,000 dollars per ounce
And that might be just to start with
I heard that silver could actually be worth twice as much as gold at some point.