Sorry that this post isn't about the election today, but I believe the country will spiral downhill relatively fast starting tomorrow and I have an important question to ask.
My wife and I have a chunk of money. We plan splitting our savings into a cash emergency fund that will be half of our money which we will have on hand and turn the rest into silver 1 oz coins.
My father in law is doing the same thing but in a different way. He has cash and silver, but all his silver is American silver eagles which cost around 39 dollars each for 1 oz coins.
He thinks all of his gold and silver will be used for bartering and so he has to buy the most "trusted" and recognizable brand. I think that some silver should be in recognizable American coins but that this bartering period where gold and silver is used will be short and after that the white hats will introduce a new digital currency backed by precious metals. So it makes sense to put most of my money in 1 oz coins that are also made in America but cost 15 dollars less and are being sold by one of the biggest gold and silver sellers in America.
My theory is based on a lot of 8kun research about the new monetary system. So he thinks I should buy only 39 dollar silver coins, I think I should buy mostly 24 dollar silver coins, since they are the same quality, purity and they are also new.
What do you guys think is the best way to go about it?
Buy the most expensive silver coins for "brand recognition" or buy much cheaper silver that is the same quality so that we have more silver to convert into the white hats new digital currency?
I always go here for questions because I trust you guys. I believe this forum is the collective consciousness of the smartest people in the world.
Good point, my only concern is that bars are harder to barter with because they are worth more and hard to break up for smaller purchases.
i always figured if i blew through my smaller 1 oz bars in bartering i could always melt down some of the larger sizes into smaller chunks. silver is silver at the end of the day. the purchase/barter power is in the metal, not in if it comes in a coin, round, bar, chain, etc. if i melt a larger bar into 1 oz silver balls, it's still 1 oz of silver. that's just my thinking on it... to be totally honest, if things go sideways to the point that i am bartering physical silver, chances are that i'll be doing far more bartering with my stockpile of other precious metals such as brass and lead.