Home Forums Hunting & Shooting Hunter's Campfire Will cull silver be emergency currency?

Cull- as in old 90% pre 64 coinage that posses no numismatic value

For example you can get cull mercury dimes for about 4$ each from Ampex

Would this be a medium?

Ir would other essentials serve better?

Silver is about $22 an ounce

No, because I have a schitt load of it… therefore just by general principle it will never be worth much.

I need to check with a friend, can yall hang out for a few while I get an exoert?

William Devane?

Of course we will.


No doubt a well thought out....exquisitely articulated explanation is sure to follow......

Whether or not alternative currencies become a widespread phenomenon remains to be seen, but there is definitely a growing desire for real, globally recognized money.

Silver as part of a monetary system could be a viable option for storing one’s wealth as many investors already consider silver a safe haven. If it was used as currency, its ability to be used in commerce and the ease with which it can be liquidated for cash would likely encourage its use.

For mining companies, silver for use in circulated coins would create another source of demand for the white metal. Under the silver currency model that Salinas Price outlined, governments would buy silver directly from miners and repay them in minted silver coins. In nations that implement such a system, silver mining opportunities could become more attractive, especially if there was minimal or no silver mining at the time.

With a limited silver supply, and high demand for industrial purposes, the added demand for silver could cause prices to escalate more rapidly than seen in the past; a winning situation for miners and investors.

For physical silver investors, the use of the metal as currency would likely make it more expensive to buy into the market. However, under Salinas Price’s model, however, there would be no risk, as the investment couldn’t be subject to losses. Even under a different system, demand should help to support prices and boost profits.

We go back to Gold Dust & scales... Silver Dust?...

If it’s at 22 dollars an ounce it’s already lost about 4 dollars….. damn william devane

Well, what does Janet Yellen say?

She looks like she smells of cat piss and a raging yeast infection.

Precious Metal is fiat currency unless the metal is valued at industrial value.

22 LR ammo is a better store of value than silver coins.

Just Sayin.

Wow

Marxist Yenta

All bets are off on the Sex ..

Wizard, lol

Metals mean nothing to the Wolfs ..

With one exception..

That it’s Backed by Powder and Cap ..


Pocket Full of Shells..

The big boys like gold.

https://www.reuters.com/markets/com...ince-1967-last-year-wgc-says-2023-01-31/

If nothing else, silver can be cast into bullets.

Your cheese done slid off your cracker..................

Sell your Silver ..

Buy the Insurance Policy..