Inflation and Silver

October 20 is my 7th year anniversary of stacking. I started stacking the last quarter end of 2015. That was some 7 years ago.


Let us say that in 2015 you had $100 in you wallet, and you decided to keep that money "under the mattress" or in a shoebox.

And I, on the other hand, bought silver with it. Let us use the spot price of silver on October 5, 2015.

Source: Silver Prices 2015


I would have bought a total of 6.55 troy ounces of silver at spot price. I got that by dividing $100 by $15.25.

If I sold 6.55 troy ounces of silver at today's spot price of $20.95 per troy ounce, I would have $137.23.

What about the $100 kept under the mattress? What is that worth today?

Value of $100 from 2015 to 2022


$100 in 2015 is equivalent in purchasing power to about $124.96 today, an increase of $24.96 over 7 years. The dollar had an average inflation rate of 3.23% per year between 2015 and today, producing a cumulative price increase of 24.96%.


This means that today's prices are 1.25 times higher than average prices since 2015, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 80.026% of what it could buy back then.


The inflation rate in 2015 was 0.12%. The current inflation rate compared to last year is now 8.26%.


Source: CPI Inflation Calculator


In other words, the $100 kept under the mattress is worth $80.02 only today.


Now, this is undeniable.

You can go back and do the research yourself. These numbers are true numbers.

Physical silver is a hedge against future inflation.

If you don't hold it, you don't own it.

Silver is a benefit to people who own it and have it their possession.


I regularly purchase silver from 6 online dealers. All of these six accounts show a good current value (as against acquisition cost). This is one of my accounts.




Silver Stacking is not for everyone.
Do your own research!

If you want to learn more, we are here at the Silver Gold Stackers Community. Come join us!


😍#ilikeitalot!😍


Best Regards,

@silversaver888

I am not a financial adviser. This article is not meant to be financial advice. My articles on cryptos and precious metals share my personal opinion, experiences, and general information on cryptos and precious metals.
All photos, gif, and video were taken by me with my iPhone6, unless specified.

Thank you for stopping by to view this article.

I hope to see you again soon!

Hugs and Kisses 🥰🌺🤙!!!!



I post an article daily. I feature precious metals every other day, and on other days I post article of general interest. Follow me in my journey to save in silver and gold.

@silversaver888

Posted Using [LeoFinance Beta](https://leofinance.io/@silversaver888/inflation-and-silver)



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84 comments
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pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 126 of my contest just started...you can now check the winners of the previous week!
!BEER
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Those of us who subscribe to @maneco64 channel are sure these values under-estimate your gains when talking about physical silver. Physical silver is sold at a premium and CPI is a biased estimator (on the low side) of inflation. Yeah, yeah, and I know you want to show sources, so I get why you use them.

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Yes, I used these numbers because those are the only ones available. I wish I could use selling price. That would all the more drive the point home.
Thanks for you comment, @leprecaun!

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Hanging onto some cash for an emergency is always a good idea, but once you have that covered, investing in precious metals is not only a hedge against inflation it's also a lot of fun to collect them. I haven't bought any in a while but have been keeping an eye on the price hoping that the difference between the spot price and the actual cost of the metal will narrow somewhat. Silver 1-ounce bars now have a premium of about $6.00 over spot.

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Oh yes, premiums never went down since it skyrocketed two years ago.
You are right about emergency fund, my friend. Get that squared away fast, and keep adding to it with the inflation!
!invest_vote

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Wow. This is an impact of investment. No matter the little amount you stack doing it slowly is good for long-term

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Stacking is not a quick game, especially for me, hahaha!🤗
!LADY 😍🌺🤙

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Happy Stackiversary! 😁 The ROI you give -versus- the loss due to inflation is amazing!

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Stacking precious metals is better. It's just my honest opinion, I heard a story about a person who kept money under the mattress. Eventually the money was needed to use, but it was all stuck together and moulded. It was unreadable so worthless !

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I always tell everyone to have cold hard cash available in case they can't get any out of the bank. You will be glad you did. (I tell them)

I love stacking the silver, although I do mostly the bars and rounds now. Gold was fun, but, lots of $$ :)

Thanks for working out those numbers to see! Happy Stacking Anniversary! @silversaver888

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Yes, that is good advice... Keep hard cash at home!
Isn't stacking fun! I am enjoying it, while I save, hahaha!
Have a lovely evening, @dswigle. Thanks for the greeting!
!LADY 😍🌺🤙

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Well done SILVER SAVER - @silversaver888. If One can multiply their Stack value 10%, today, they are exceeding a Professional's expectations.

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Ms. Saver @silversaver888
In Your California as we Watch the Collapse

!LUV

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I forgot when I started Stacking silver. But I remember coming across videos of Silver Bullet Silver shield, Mike Maloney, and Salivate Metals and when I asked myself the question, "Why am I not able to keep up with the bills?" Then the whole world of precious metals open up to me.
My first purchase was 4 Silver Maple leafs!

Always, with love 🤗🌺❤️

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Hahaha, was it because you were not revolving debt free?
Once I paid up my revolving debt, it was just a matter of learning the discipline. How glad I am that I came across the stacking community... I am forever grateful!
Hugs and kisses, sis🤗
!LADY 😍🌺🤙

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7 years… that’s just great.
Happy (almost) anniversary 🥳🥳🤩

What a difference between cash and silver compared than with now.

Keep stacking 🥰🤩

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I thought I've show it here, hehehe 🥰
Enjoy your vacation, @littebee4!
Have a lovely evening.
!LADY 😍🌺🤙

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You should… great info and stats 😉🤓
I will, half a day left tomorrow and this evening.
We start our first flight back home tomorrow around 1700h and will land Saturday with the second flight around 1300h
So a longggg day and night and morning it will be for me.

Can you believe the 2 weeks are almost over 😳

Holidays just goooo to fast hehehe 🤭
I loved every moment of it and will do so until I land back in Spain again.

Have a wonderful evening too @silversaver888
!LADY 👋🏻🤗🥰🌺🤙🏻
Bigg hugg 🤗

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Two weeks already!??
It went by so fast!
Well, shall we expect stories of your trip?
Hahaha... no pressure!
A big hug to you 🤗 and have a safe trip home, @littlebee4!
!LADY 😍🌺🤙

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I know… to fast hahahaha 🤣
Of course 😉 when I’m home I transfer the photos on my laptop and can edit them. As I couldn’t share from my new camera. And share some posts of my adventures.
Thank you soooo much 🥰 Bigg hugg 🤗🤗 enjoy your Friday and weekend!
!LADY 🤙🏻🌺🤗🥰

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Very well written @silversaver888 , I wish more people I knew would read this post!😀
It's amazing how quickly it can appreciate!!!!!

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Thanks, @silvertop!
Yeah, I hope so too, that many people will read it!!!
But you know how it is.
!WINE

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I am very thankful that we have our silver (and gold) stack sis! It is a great way to make sure you have something for the future, in addition to any crypto and/or stocks. Thanks for sharing sis! Love ya much!🤗😘🌸💞 !LADY

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You are set for retirement, sis!
It's good to be worry free!
Hugs and kisses, sis 🤗😘
!LADY 😍🌺🤙

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Some day.......whenever retirement is!🤗😘💖🌸

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Wow that's quite a number of years stacking silver. Precious metals really a great hedge against inflation seeing it's value rather than just holding fiat

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Yes, you're right, @maro1 .
7 years is not a long time. How I wished I was stacking as soon as I earned money, hahaha!
Alas, I was clueless, and didn't know any better before.
!LADY 🌺😍🤙

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"You've Come a Long Way, Baby"
...and in a short time.
Financially savvy
solid, sound advice.
@silversaver888

Happy Stackversary!

!LADY
💋

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Yes, a long way! Hahaha!
I wasn't used to it at the start of it all. So it helped that I had a YouTube channel. Then after a year, everything was just doing it.... month after month. year after year!
I'm still alive, hehehe!
And oh! With more silver and gold!!!
!LADY 😍🌺🤙

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