This isn't entirely accurate. In the 19th century you could buy a brand new custom house for about $1000 (or less, but its in the ballpark). This was the ballpark cost of a brand new custom house for the entire century (all the way up until 1913ish). That works out to about 40 ounces of gold (by the measure of .0437 oz of gold per U.S. dollar per the constitution).

Gold price today is about $2000. So $2000 times 40 is about $80,000.

Good luck getting a brand new custom home for $80,000.

Looking at silver, in the 19th century it would have taken about 770 ounces to buy a house (which was already substantially undervalued). Today those 770 ounces are worth about $20,000. A few weeks ago it would have been closer to $15,000.

Metal is NOT storing it's value in a straight line. On the contrary, it has been manipulated to all hell. Of course, so has the housing market in the other direction (and other major purchases, like cars, health care, education, etc.), so gold may actually be about right if not for purposeful increase in the cost of life's "major purchases." Silver on the other hand was already undervalued in the 19th century (purposefully, by the bankers who contributed to the constitution which set the value), and is undervalued even more now.

This isn't entirely accurate. In the 19th century you could buy a brand new custom house for about $1000 (or less, but its in the ballpark). This was the ballpark cost of a brand new custom house for the entire century (all the way up until 1913ish). That works out to about 40 ounces of gold (by the measure of .0437 oz of gold per U.S. dollar per the constitution).

Gold price today is about $2000. So $2000 times 40 is about =$80,000.

Good luck getting a brand new custom home for $80,000.

Looking at silver, in the 19th century it would have taken about 770 ounces to buy a house (which was already substantially undervalued). Today those 770 ounces are worth about $20,000. A few weeks ago it would have been closer to $15,000.

Metal is NOT storing it's value in a straight line. On the contrary, it has been manipulated to all hell. Of course, so has the housing market in the other direction (and other major purchases, like cars, health care, education, etc.), so gold may actually be about right if not for purposeful increase in the cost of life's "major purchases." Silver on the other hand was already undervalued in the 19th century (purposefully, by the bankers who contributed to the constitution which set the value), and is undervalued even more now.

This isn't entirely accurate. In the 19th century you could buy a brand new custom house for about $1000 (or less, but its in the ballpark). This was the cost of a brand new custom house for almost the entire century. That works out to about 40 ounces of gold (by the measure of .0437 oz of gold per U.S. dollar per the constitution).

Gold price today is about $2000. So $2000 times 40 is about =$80,000.

Good luck getting a brand new custom home for $80,000.

Looking at silver, in the 19th century it would have taken about 770 ounces to buy a house (which was already substantially undervalued). Today those 770 ounces are worth about $20,000. A few weeks ago it would have been closer to $15,000.

Metal is NOT storing it's value in a straight line. On the contrary, it has been manipulated to all hell. Of course, so has the housing market in the other direction (and other major purchases, like cars, health care, education, etc.), so gold may actually be about right if not for purposeful increase in the cost of life's "major purchases." Silver on the other hand was already undervalued in the 19th century (purposefully, by the bankers who contributed to the constitution which set the value), and is undervalued even more now.

This isn't entirely accurate. In the 19th century you could buy a brand new custom house for about $1000 (or less, but its in the ballpark). This was the cost of a brand new custom house for almost the entire century. That works out to about 40 ounces of gold (by the measure of .0437 oz of gold per U.S. dollar per the constitution).

Gold price today is about $2000. So $2000 times 40 is about =$80,000.

Good luck getting a brand new custom home for $80,000.

Looking at silver, in the 19th century it would have taken about 770 ounces to buy a house (which was already substantially undervalued). Today those 770 ounces are worth about $20,000. A few weeks ago it would have been closer to $15,000.

Metal is NOT storing it's value in a straight line. On the contrary, it has been manipulated to all hell. Of course, so has the housing market in the other direction (and other major purchases, like cars, health care, education, etc.), so gold may actually be about right if not for purposeful inflation of life's "major purchases." Silver on the other hand was already undervalued in the 19th century (purposefully, by the bankers who contributed to the constitution which set the value), and is undervalued even more now.

This isn't entirely accurate. In the 19th century you could buy a brand new custom house for about $1000 (or less, but its in the ballpark). This was the cost of a brand new custom house for almost the entire century. That works out to about 40 ounces of gold.

Gold price today is about $2000. So $2000 times 40 is about =$80,000.

Good luck getting a brand new custom home for $80,000.

Looking at silver, in the 19th century it would have taken about 770 ounces to buy a house (which was already substantially undervalued). Today those 770 ounces are worth about $20,000. A few weeks ago it would have been closer to $15,000.

Metal is NOT storing it's value in a straight line. On the contrary, it has been manipulated to all hell. Of course, so has the housing market in the other direction (and other major purchases, like cars, health care, education, etc.), so gold may actually be about right if not for purposeful inflation of life's "major purchases." Silver on the other hand was already undervalued in the 19th century (purposefully, by the bankers who contributed to the constitution which set the value), and is undervalued even more now.

This isn't entirely accurate. In the 19th century you could buy a brand new custom house for about $1000 (or less, but its in the ballpark). This was the cost of a brand new custom house for almost the entire century. That works out to about 40 ounces of gold.

Gold price today is about $2000. So $2000 times 40 is about =$80,000.

Good luck getting a brand new custom home for $80,000.

Looking at silver, in the 19th century it would have taken about 770 ounces to buy a house (which was already substantially undervalued). Today those 770 ounces are worth about $20,000. A few weeks ago it would have been closer to $15,000.

Metal is NOT storing it's value in a straight line. On the contrary, it has been manipulated to all hell. Of course, so has the housing market in the other direction (and other major purchases, like cars, health care, education, etc.), so gold may actually be about right if not for purposeful inflation of housing prices (and the others mentioned). Silver on the other hand was already undervalued in the 19th century (purposefully, by the bankers who contributed to the constitution which set the value), and is undervalued even more now.