Genesis 13:2
Avram (Abraham) was very rich in cattle, in silver, and in gold.
“If” we are indeed moving back to a hard money economy, as it “seems” we are, it will be a good idea to have some awareness of historical pricing as a potential baseline. To that end, finding sheets like this will likely be helpful to some extent.
Price Charts 1789-1989: https://www2.census.gov/library/publications/1960/compendia/hist_stats_colonial-1957/hist_stats_colonial-1957-chE.pdf
Rational Rancher Channel: https://youtube.com/@RationalRanchers
Gold to Cattle: https://youtube.com/watch?v=KolyD5Qr0ss
Silver to Sheep: https://youtube.com/watch?v=hKS_7QulsPU
Silver to Cattle: https://youtube.com/watch?v=D1yeylP_2WA
Gold/Silver to Acreage: https://youtube.com/watch?v=MF8g6eXZWi0
Gold to House:
https://youtube.com/watch?v=khTnuCOD-eg
Silver to Daily Wage: https://www.youtube.com/watch?v=VhdeSzw6jPQ
Teaching your Children: https://www.youtube.com/watch?v=ys8WwtfvTRg
It’s not obvious if he’s aware of the massive paper manipulation on silver, but generally, this is a very good initial valuation to be aware of, moving forward.
One thing that is unique about land is that unlike gold, silver, cattle or sheep, it is a finite amount... they aren't making any more land, but sheep and cattle reproduce and gold and silver can be mined.
Troof, but it’s also much harder to eat and trade dirt.
It’s kinda like tools, different things are good for different purposes.