Not realising that it was Valentines Day today until later on, I got curious as to how much roses and chocolate costed today as an opportunity cost for getting precious metals, particularly silver.
So, looking at this website, which shows the cost of roses for valentines day
https://www.freshflowers.com.au/occasions/valentines-day
With this particular link, showing a single stem of a rose costing $54.95
https://www.freshflowers.com.au/red-rose-single-stem-for-valentines-day
And this link, showing a single rose costing $45.15
https://www.interflora.com.au/type/roses
Both links above exclude shipping costs, so if you include the shipping costs, it should cost around $55~65 for a single stem. The cost is quite similar if you are going to your local shops where they offer a bunch of roses at these prices.
If you are getting more roses, it will be at a higher cost.
So for example, with this Valentines day gift (named 'Grand Seduction'), at $252.15 (excluding shipping), costs more than 1/10 of an ounce of gold at todays spot price. If you include the shipping price, this comes to about the same price for 10 ounces of silver at today's spot price.
https://www.interflora.com.au/au/757/grand-seduction
So looking at the stark contrast of both values (one being perceived as overvalued while the other perceived as undervalued), I was wondering if anyone would pay these prices to win a girl/woman's heart at the expense of forgoing the opportunity to stack more precious metals (be it gold or silver).
Giving jewellery on Valentines day can also be applied to this as jewellery prices would be much higher than spot due to worksmanship + marketing.
Also, if one is doing this every year, they are forgoing that much in stacking precious metals.
So with the lowest cost being a single rose at around $55~65 it means that the floor price in trying to win a girls heart on Valentines day will cost you at least 2 ounces of silver if one is willing to play this game. This is just for the roses, we haven't even added the cost of fancy restaurants and high end hotels.
And we are seeing this with an impending economical collapse towards our way.
So, any stackers here playing this game of trying to win a girls heart which maybe yours on one day and might not be on some other day, where you are sacrificing your labour to buy gifts at exuberant prices (resulting from supply, demand and marketing) hoping that winning a girls heart will all be worth it in the end?
And, if anyone is playing this game, has it actually been worth it in the end? I am genuinely curious as I am seeing one as an overvalued proposition and the other as an undervalued proposition if I'm looking at this purely on monetary terms.
Love is intangible while Precious Metals are tangible. You can hold one in your hand while you can't hold the other. One is perceived to be precious while the other is 'precious'. One requires constant attention, while the other not as so.
PS: This link for product, 'Key to My Heart', comes to $141.15, comes to over 5 ounces of silver at spot and including shipping costs more than 2 grams of gold at spot. So, I'm guessing that 5 ounces of silver or 2 grams of gold at todays price should be enough to win a girls heart?
https://www.interflora.com.au/au/866/key-to-my-heart
Let me know what you guys think and thanks for reading this, it was rather long but I hope you guys got a good read out of it.
So, looking at this website, which shows the cost of roses for valentines day
https://www.freshflowers.com.au/occasions/valentines-day
With this particular link, showing a single stem of a rose costing $54.95
https://www.freshflowers.com.au/red-rose-single-stem-for-valentines-day
And this link, showing a single rose costing $45.15
https://www.interflora.com.au/type/roses
Both links above exclude shipping costs, so if you include the shipping costs, it should cost around $55~65 for a single stem. The cost is quite similar if you are going to your local shops where they offer a bunch of roses at these prices.
If you are getting more roses, it will be at a higher cost.
So for example, with this Valentines day gift (named 'Grand Seduction'), at $252.15 (excluding shipping), costs more than 1/10 of an ounce of gold at todays spot price. If you include the shipping price, this comes to about the same price for 10 ounces of silver at today's spot price.
https://www.interflora.com.au/au/757/grand-seduction
So looking at the stark contrast of both values (one being perceived as overvalued while the other perceived as undervalued), I was wondering if anyone would pay these prices to win a girl/woman's heart at the expense of forgoing the opportunity to stack more precious metals (be it gold or silver).
Giving jewellery on Valentines day can also be applied to this as jewellery prices would be much higher than spot due to worksmanship + marketing.
Also, if one is doing this every year, they are forgoing that much in stacking precious metals.
So with the lowest cost being a single rose at around $55~65 it means that the floor price in trying to win a girls heart on Valentines day will cost you at least 2 ounces of silver if one is willing to play this game. This is just for the roses, we haven't even added the cost of fancy restaurants and high end hotels.
And we are seeing this with an impending economical collapse towards our way.
So, any stackers here playing this game of trying to win a girls heart which maybe yours on one day and might not be on some other day, where you are sacrificing your labour to buy gifts at exuberant prices (resulting from supply, demand and marketing) hoping that winning a girls heart will all be worth it in the end?
And, if anyone is playing this game, has it actually been worth it in the end? I am genuinely curious as I am seeing one as an overvalued proposition and the other as an undervalued proposition if I'm looking at this purely on monetary terms.
Love is intangible while Precious Metals are tangible. You can hold one in your hand while you can't hold the other. One is perceived to be precious while the other is 'precious'. One requires constant attention, while the other not as so.
PS: This link for product, 'Key to My Heart', comes to $141.15, comes to over 5 ounces of silver at spot and including shipping costs more than 2 grams of gold at spot. So, I'm guessing that 5 ounces of silver or 2 grams of gold at todays price should be enough to win a girls heart?
https://www.interflora.com.au/au/866/key-to-my-heart
Let me know what you guys think and thanks for reading this, it was rather long but I hope you guys got a good read out of it.