Home Forums Hunting & Shooting Hunter's Campfire I checked on the price of junk silver

I think the stock market has sucked the money out of the metals market.

I have a friend in town that dabbles in coins that I've known and trusted for many years. I just get my silver from him.

Here you go, Silver historical charts and graphs.
When the bubble burst around $48 it's been on a steady decline.


http://silverprice.org/silver-price-history.html

I deal with a local shop that sell junk coins at spot.

Wish the world would get some large excess volumes of copper so the price of brass ad bulets would go down.

Actually, I have been reading lately that the dollar is quite strong. Yes, there may be a correction in the stock market, since it has ballooned recently, but consider how very much stronger and safer the US economy is than anywhere else. So much so that I am relocating to the US to take advantage. (Plus, my kid need to prepare for college. )

For you preppers, I have read that the smaller denominations of silver coins are better currency than bigger ones if everything goes to hell. What will you do with silver dollars, cut them up like piece of eight? Somewhere I have an old $20 gold piece. It is tiny, but I expect that in a dystopian depression, one could buy a car with it.

Congrats on your decision. I don't like to see the US any more crowded than it is, but we can always use people with intelligence and talent. You may wish to consider staying here since even though things are not what they once were, I think you'll experience levels of security and freedom that cannot be experienced anywhere else in the developed world.

Any silver coins are great. US coinage is recognized and more acceptable to most Americans and the thought is that they would go for it more in a collapse than the more esoteric stuff. As for dollars, think about it. Today the melt price for a Morgan silver dollar is about $18. That won't even buy a tank of gas. I don't think somebody who only stocks dollars will be greatly handicapped. If one goes by the junk silver theory though, just stock the smaller denominations if it concerns you. IME the smaller stuff will have less collector's value anyway. Just about any old Morgan or Peace dollar will still bring a bit of a premium over SPOT.