The Immorality Of Paper Money
Monday, 14 July 2014 16:44 Bob Livingston
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I still like U.S. 90 percent silver coins minted before 1965. They can be purchased in bags of $1,000 face amount or in smaller increments — even individually. (Find a local, reputable coin dealer with a good rating with the Better Business Bureau and a history in the community.) Buy for great price explosion upward as well as for survival coins. As paper money fails, a silver dollar will buy a week’s groceries any time.
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A silver dollar is probably worth 19 U$D in melt value.
Don’t think that buys a week’s groceries. That’s probably hype.
But, it’s not hard to look at Zimbabwe, Argentina, Venezuela, or the pre-WW2 Germany experiences for an approximation of what could happen here.
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