As an intellectual exercise, I converted the price of some of my recent purchases from U.S. dollars to ounces of silver. I did this out of curiosity to see how well I would do in a precious metals-based economy. I used the spot price of silver per ounce that was quoted at www.apmex.com on 09-16-2023: $23.31. The other spot prices for that day are as follows: Gold: $1,937.50 per ounce Platinum: $945.70 per ounce Palladium: $1,286.00 per ounce Here’s what I bought:1 gallon of 30% vinegar: $21.07, or 0.90 ounces of silver. (Regular grocery store vinegar is 5% and costs …
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