I have an appreciable amount of junk silver in pre-1965 US coins, but no gold except for my wedding ring. I've never seen the silver as any kind of "investment," but rather as a last-ditch hedge if currency is worthless.
Ive been collecting and then buying pre 1964 silver coins since I was a wee lad going through my Dads and Grandpas change. I have a few hundred dollars face value and have given a few hundred more to the kids and grandkids. At 90% instead of .9999 its value lies in barter rather than melt. Of course if the value goes to 14:1 like what the video is speaking of than I will reevaluate.
I only got started about 20 years ago but have hoarded every single item I have bought over the years. Even have some sterling silver dinnerware that might have some melt value. I weighed it recently and it was over 23 pounds of the stuff.
I was referring to the fact that when Silver hits $5,000 due to hyperinflation the value of other items like bread will be high as well. Stacking is to ensure your past savings don't lose value when the inflation kicks in. Or hoping that precious metals will asymmetrically rise compared to other commodities so you can roll it into something useful before that particular market responds to the inflation.
Gold will destroy The Fed.
Sure would be nice to get some serious ROI on my silver bullion
When the fed ends so does the federal reserve note and the USD makes a comeback. Possibly backed by gold, silver or both but backed by something.
I have an appreciable amount of junk silver in pre-1965 US coins, but no gold except for my wedding ring. I've never seen the silver as any kind of "investment," but rather as a last-ditch hedge if currency is worthless.
Ive been collecting and then buying pre 1964 silver coins since I was a wee lad going through my Dads and Grandpas change. I have a few hundred dollars face value and have given a few hundred more to the kids and grandkids. At 90% instead of .9999 its value lies in barter rather than melt. Of course if the value goes to 14:1 like what the video is speaking of than I will reevaluate.
I only got started about 20 years ago but have hoarded every single item I have bought over the years. Even have some sterling silver dinnerware that might have some melt value. I weighed it recently and it was over 23 pounds of the stuff.
$5000 Silver please. Then all the stackers can buy a loaf of bread when hyperinflation takes off.
I was referring to the fact that when Silver hits $5,000 due to hyperinflation the value of other items like bread will be high as well. Stacking is to ensure your past savings don't lose value when the inflation kicks in. Or hoping that precious metals will asymmetrically rise compared to other commodities so you can roll it into something useful before that particular market responds to the inflation.
Things that prevent me from dying. Like food. Housing. Clothes. You know, the stuff we use money for.
Land?
I like Rafi.