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Originally Posted by host
I'd buy $3,000 face value pre-1965 silver junk US coins, dimes and quarters:
http://www.tulving.com/goldbull.html#silver , a $33,000 invesment. Last time gold broke $800/oz, silver went to $50/oz, it's $15.50 on Nov. 9.
These coins are recognizable, need no assay to sell, aren't subject to fraud, as drilled out/base metal filled bars have been in the past, and are much easier to use as tender to pay for things if US paper fiat script collapses completely. |
Be very careful with silver. A lot of the charts that show historical data on silver don't take into account a HUGE hole. Silver is used in the production of photographic film. By far and away the largest consumers of silver were the likes of Eastman Kodak and FujiFilm. You have to add back in to the supply side of things a LOT of demand to make up for this before Silver will model its historical charts.
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