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Joined: Feb 2001
Posts: 2,104
Campfire Regular
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Campfire Regular
Joined: Feb 2001
Posts: 2,104 |
Interesting theories here. I doubt most people would care what form of currency or precious metal was offered in a real civil breakdown scenario. My view was shaped many years ago when I read Alas, Babylon.
Who is John Galt?
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Joined: Nov 2015
Posts: 1,793
Campfire Regular
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Campfire Regular
Joined: Nov 2015
Posts: 1,793 |
Interesting theories here. I doubt most people would care what form of currency or precious metal was offered in a real civil breakdown scenario. My view was shaped many years ago when I read Alas, Babylon. Do you plan on surviving to the other side of the breakdown?
USMC 0351
We know the price of everything and the value of nothing.
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Joined: Dec 2019
Posts: 3,087 Likes: 7
Campfire Tracker
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Campfire Tracker
Joined: Dec 2019
Posts: 3,087 Likes: 7 |
Interesting theories here. I doubt most people would care what form of currency or precious metal was offered in a real civil breakdown scenario. My view was shaped many years ago when I read Alas, Babylon. Guns, ammo, canned food and liquor, baby. And a big enough crew to defend it!
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Joined: Jan 2021
Posts: 1,962
Campfire Regular
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Campfire Regular
Joined: Jan 2021
Posts: 1,962 |
Would you be interested in 100 oz, 1000 oz, or 150 lb bars?
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Joined: Feb 2001
Posts: 2,104
Campfire Regular
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Campfire Regular
Joined: Feb 2001
Posts: 2,104 |
Interesting theories here. I doubt most people would care what form of currency or precious metal was offered in a real civil breakdown scenario. My view was shaped many years ago when I read Alas, Babylon. Guns, ammo, canned food and liquor, baby. And a big enough crew to defend it! Add in good neighbors, an adequate fresh water supply and hope you don’t require medications to stay alive. A few chickens, cows and goats wouldn’t hurt either.
Who is John Galt?
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Joined: Dec 2013
Posts: 13,236 Likes: 15
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 13,236 Likes: 15 |
And regarding "paper silver" and "paper gold"...I consider such to be at the top of Exter's pyramid....with the derivatives.
Not interested. I only buy and hold physical. Someone that knows how needs to move this comment over to the discussion going on in the other thread titled Precious metals. I would but I don't know how. Paper gold and silver do not exist. No less than our U.S. government disowned billions in gold certificates in 1933.
Patriotism (and religion) is the last refuge of a scoundrel.
Jesus: "Take heed that no man deceive you."
Hebrew Roots Judaizer
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Joined: Dec 2013
Posts: 13,236 Likes: 15
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 13,236 Likes: 15 |
Interesting theories here. I doubt most people would care what form of currency or precious metal was offered in a real civil breakdown scenario. My view was shaped many years ago when I read Alas, Babylon. Guns, ammo, canned food and liquor, baby. And a big enough crew to defend it! Defending it will be the biggest issue.
Patriotism (and religion) is the last refuge of a scoundrel.
Jesus: "Take heed that no man deceive you."
Hebrew Roots Judaizer
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Joined: Dec 2002
Posts: 22,274
Campfire Ranger
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Campfire Ranger
Joined: Dec 2002
Posts: 22,274 |
I have a few uncirculated silver dollars and a couple of double eagles, none of them rare. They're really pretty and I enjoy looking at them, and they should hold their value. I'm not going to tie up a lot of money in them. In fact I really am not interested in rare or valuable coins, unless I know I am getting a great deal on it.
"...the designer of the .270 Ingwe cartridge!..."
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Joined: Apr 2011
Posts: 4,866
Campfire Tracker
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Campfire Tracker
Joined: Apr 2011
Posts: 4,866 |
One of my favorite coins is the Buffalo Nickel.
For even when we were with you, we gave you this rule: "If a man will not work, he shall not eat."
2 Thessalonians 3:10
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Joined: Feb 2004
Posts: 17,737 Likes: 1
Campfire Ranger
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Campfire Ranger
Joined: Feb 2004
Posts: 17,737 Likes: 1 |
Over the years I’ve bought Silver Rounds on occasion. I have since decided it was a pointless endeavor.
NRA LIFE MEMBER
GOD BLESS OUR TROOPS
ESPECIALLY THE SNIPERS!
"Suppose you were an idiot And suppose you were a member of Congress... But I repeat myself."
-Mark Twain
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Joined: Nov 2004
Posts: 10,072 Likes: 9
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2004
Posts: 10,072 Likes: 9 |
One of my favorite coins is the Buffalo Nickel. They make a lot of 1 ounce silver rounds that look like Buffalo nickles. I bought another 100 of them a few months back. Bb
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Joined: May 2002
Posts: 15,631 Likes: 4
Campfire Ranger
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Campfire Ranger
Joined: May 2002
Posts: 15,631 Likes: 4 |
One issue with silver rounds, and bullion is that in dire circumstances, when some [bleep]-kicker is selling eggs from his wife's little flock, will he recognize the value of the rounds and/or bullion as true silver?
Ignore the fact that silver rounds aren't really worth it to fake. He might not know that. He is more likely to recognize that your pre-65 dimes and quarters are mostly silver. Easily recognizable and in a denomination that's easy to deal with.
This is why junk silver gets accorded a premium in the marketplace. Your Morgan silver dollar is generally acknowledged, by the non-collector or the unknowing to weigh an ounce. In reality a troy oz weighs 31.something grams. An Imperial oz is 28.something grams. Your US silver dollar weighs 26.something grams.
Despite this, if you've got a silver dollar in your pocket you're generally acknowledged to have an "OZ" of silver.
"Chances Will Be Taken"
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Joined: Jun 2002
Posts: 132,013 Likes: 61
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 132,013 Likes: 61 |
One of my favorite coins is the Buffalo Nickel. They make a lot of 1 ounce silver rounds that look like Buffalo nickles. I bought another 100 of them a few months back. Bb ![[Linked Image]](https://www.24hourcampfire.com/ubbthreads/gallery/80/full/212562.jpeg)
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Joined: Jun 2002
Posts: 132,013 Likes: 61
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 132,013 Likes: 61 |
If you've got a silver dollar in your pocket you're generally acknowledged to have an "OZ" of silver. ![[Linked Image]](https://www.24hourcampfire.com/ubbthreads/gallery/80/full/210659.jpg)
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