silver
alt text
my hand holding a silver bar stamped SILVER ASARCO SELBY CALIFORNIA 9997 FINE
I saw that silver prices were like a hockey stick lately. Thought I'd take an inventory. The kids have a few silver dollars that were gifts from grandparents. I have some Franklin half dollars from my father-in-law's coin pile.
But this one I'm keeping regardless. When my grandfather was 17 he was a promising athlete with scholarships lined up. His father, however, made his son get a job at the smelter to support his second-marriage kids (and most likely support his vices). So my grandfather spent his days behind a shovel. After decades, eventually became a union foreman, even taking a few beatings from union-busting mercenaries. In his 50s, the plant closed and he got retirement, this 15oz bar, and probably the cancer that took him down years later.
But this one I'm keeping regardless. When my grandfather was 17 he was a promising athlete with scholarships lined up. His father, however, made his son get a job at the smelter to support his second-marriage kids (and most likely support his vices). So my grandfather spent his days behind a shovel. After decades, eventually became a union foreman, even taking a few beatings from union-busting mercenaries. In his 50s, the plant closed and he got retirement, this 15oz bar, and probably the cancer that took him down years later.
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$1,170, last week.