I like to keep a few thousand ounces of silver just as an emergency fund or insurance against a currency collapse. I used to buy mostly eagles, maple leafs, and Philharmonics, but the last few years I've liked mercury dimes and walking liberty halves. Most people recognize them as silver and they would be easy to make change. The premiums in the stuff is crazy high right now and who knows when it will come down.
I say the time to pay off debt was the last few years. Right now don't spend on anything but necessities and keep some cash ready for deals. If you have money in retirement accounts use that to pick up some good solid stocks and or funds bit by bit as it drops. I think it may still drop more before it's done. I'm still thinking of buys as the dow hits 18k, 16k, 14k, and maybe even 12k if it gets there. Who knows maybe it won't drop again but once the virus levels off I'll probably put the retirement money in something.
My health has been on the decline for several years and Drs told me I wouldn't be able to work much longer so I started getting out of debt years ago and kicked it to high gear about 2014. Fortunately we have our house paid off and vehicles paid off. I regret spending savings to put solar on our home last year but I got a big tax credit and now our power bill is almost nothing except mid winter and then its substantially lower. Right now I think I'd rather have the cash.
Bb
