Twenty Cent a Gallon Gasoline…Today!
Many people will remember the time when a gallon of gas cost just twenty cents. At that time, a soda, candy bar and postage stamp also cost just five cents. Isn’t it amazing how times have changed!
Of course, at that same time in US history a good wage that could support a household with just one wage earner was two dollars an hour. It is certainly true that things were a lot less expensive back then…and that wasn’t so long ago. A good question is whatever happened to the US financially?
There are answers to the question about what happened and people need to focus on today’s issues.
The really great news today is that it is still possible for some people to buy a gallon of gas anywhere in the US for twenty cents a gallon. It is really that simple for people who decided to be prepared.
A gallon of regular gas can be bought for just two pre-1964 dimes! Amazing, isn’t it? Just two measly, worn 90% silver dimes will buy a gallon of gasoline just about anywhere.
Only a few stations will now accept the worn dimes directly and that will change soon enough. Most gas station owners/attendants don’t have a clue about the price of silver. That will change!
Look for entrepreneurial people who are now putting 90% silver dimes in credit card-sized plastic to be used as a medium of exchange and a store of value. Imagine that – honest constitutional money.
Right now, for most people, there is a necessary intermediate step of selling any pre-1964 dimes to a dealer such as a coin shop for about two dollars each. The four dollars received for the two used silver dimes will buy a gallon of gas. Today! Imagine that! This assumes that people actually have those 90% silver dimes. There is another story about 90% silver dimes, quarters, halves and dollars.
Many older people will actually remember when these 90% silver coins were actually in circulation and used as money at face value. Coincidentally, at the same time, the paper dollars in a person’s wallet said that they were silver certificates and redeemable in silver. Hmmmm? What happened?
It is safe to say that something big must have happened in the US in the 70s because those coins disappeared from circulation as did paper “silver certificates.” That is a story for another time.
Around 2002, an ounce of silver sold for less than $5 (gold was less than $300). Today that same ounce of silver sells for about $40 – gold around $1500. Those numbers will surely change. The reason why they will change is another story. Fuel and food prices have also changed…worldwide.
Last August, pure silver sold for $18/oz. Want to guess where silver, gas and food will be next year?
Some “experts” will say that gold and silver are in a bubble. Others will say that silver and gold prices will climb a great deal more. Who to believe? Each “expert” has a vested interest in the outcome. Banks wish to be able to inflate money whenever they want and others don’t want that.
A very important point to be made is that it is still possible to go to that same coin shop and buy used 90% silver coins as a hedge against future monetary inflation and rising gas and food prices.
Will the government (banksters) inflate more money to pay for things that everyone wants?
I plan to buy a bag of 90% used silver coins - just in case… How about you? Are you prepared?