It occurs to me that for a proper Gold Bug thread, we don't have nearly enough whackadoodle subject matter, so instead of cursing the darkness, I will step up and light an eccentric candle.
Silver's high. Gold's way high. I don't really want to sell, and I definitely don't want to buy. But I had an idea:
I am repricing new art that I sell to take in inflation. Plus, I am odd. So why not have fun, and peg the price of original art to gold and silver?
Drawings priced to silver, paintings to gold. (Photoprints are outside of this because I price them based on what the printer charges.)
I sell lots of quick drawings for 15 each. That's my 1/2oz silver. If it goes up to 40/oz, make em 20.
For paintings, it's a matter of fiddle-faddle to set some rates. I figured out what percentage of $1800 I used to charge, basically up that 50% per painting size category.
Old stuff stays on sale, clean it out.
I will probably lag in price changes-- no need to change a ton of price tags.
Anyway, it's a gold-silver bimetallic standard for a micro-economy. We'll see what happens.