$35 Silver vs $12 Mining Cost: The Truth About This Markup

Why does silver cost $35 per ounce when it only costs $12 to mine? The truth about silver as inflation insurance and why the markup might be worth it. Discover why silver maintains purchasing power while paper currency loses value, and why the same 1964 silver quarter that bought a gallon of gas then still buys a gallon today—while the dollar has lost 97% of its value. 5 Key Takeaways: 💰 Silver costs $35/oz but only $12 to mine - the markup pays for inflation protection ⛽ A 1964 silver quarter bought gas then and still buys gas now at the same rate 📉 The US dollar has lost 97% of its purchasing power since 1964 🛡️ Silver preserves wealth when paper currency fails 🌍 Only 1 billion ounces of investable silver remains for 8 billion people ⚠️ This is not financial advice. For educational purposes only. Follow @WealthByte_YT for daily money tips 💰 #personalfinance #money #investing #financialtips #wealthbuilding #silver #silverinvesting #inflationhedge #preciousmetals #financialfreedom #wealthprotection #investingtips #moneytips #silverstacking #inflation #investmentadvice #financialeducation #smartinvesting #moneymanagement #wealthcreation