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S1:E05 - Value Of Gold and Silver Standard

What is the value of gold?


Rate of pay vs inflation.

Before 1964, Quarters were made of silver; which could buy a gallon of gas. 

If it were still made of silver, it would buy a gallon and a half.

The Federal Government has taken away the intrinsic value of our money.






About Mel Valkner

Mel Valkner CongressMelvin Valkner, CPA is a life-long resident of the Kalamazoo, Michigan area. After serving in the U.S. Army with tours in Vietnam and Germany, he attended Western Michigan University (WMU) graduating with the double majors of political science and philosophy. Returning to WMU for two more years of business and accounting classes he eventually became a CPA and tax professional.

Leaving public accounting he became a healthcare administrator, financial executive in manufacturing, education and service industries, entrepreneur and author. He is a former First Vice-Chairman of the U.S. Taxpayers Party of Michigan (USTPM.org), Michigan's affiliate of the national Constitution Party. He remains Chairman of the Kalamazoo County affiliate.