08/13/2026
Just checked spot price for silver and gold. Silver is at $65.39 per Troy Ounce, while gold is at $4371.59 per Troy Ounce. While prices have been very volatile over the past six months or so, I think many would agree that buying silver or gold (or both) with a three or more year horizon is not a bad idea as a hedge against inflation and a store of ready, highly liquid wealth.
An unexpected bill, say an A/C repair in the heat of summer--between paydays--might be covered by selling say 10 ounces of silver. Better than charging to a credit card which charges 20% plus interest.
Just a thought.