tag:blogger.com,1999:blog-1592992209402300549.post3085638721062000971..comments2024-03-28T08:06:43.198-04:00Comments on The Silicon Graybeard: US Mint Coin Sales SoarSiGraybeardhttp://www.blogger.com/profile/00280583031339062059noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-1592992209402300549.post-23954176666167545132015-09-04T01:47:58.633-04:002015-09-04T01:47:58.633-04:00Agree with David up top.
Buying physical silver ai...Agree with David up top.<br />Buying physical silver ain't easy these days.Bill Andersonhttps://www.blogger.com/profile/11931310903208268429noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-54225220725074389932015-09-03T18:53:38.244-04:002015-09-03T18:53:38.244-04:00Besides ammo buy "junk silver" -- pre-19...Besides ammo buy "junk silver" -- pre-1965 US silver coins. They are 90% silver (pre 1920 was 92.5%). When bartering is the way of commerce when SHTF the coins will be almost a standard currency people will soon learn to appreciate.<br /><br />Their are a ton of items that will be good for barter. Just take the time to consider what won't be available in stores (because no stores will exist) but will be almost invaluable to have for use -- i.e., lighters, matches, etc.<br /><br />But individual silver coins will soon be recognized as a fairly standard value to barter/buy with. 1 oz silver units will also be readily useful. Larger unites, and gold, will be used for larger transactions.David Forwardhttps://www.blogger.com/profile/15838876992410760867noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-6416655611897074542015-09-03T17:37:33.768-04:002015-09-03T17:37:33.768-04:00I agree with Unknow. Solar panels and ammo seem sa...I agree with Unknow. Solar panels and ammo seem safer bets to me ... both of them have really long shelf lives and are not nearly so speculative. <br /><br />Watching my 401k turn from 6% rate of return to negative 3% rate of return has definitely put me in a mood not to invest in less tangibles.Michaelhttps://www.blogger.com/profile/05896164704470247622noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-67122318550671266502015-09-03T17:36:52.980-04:002015-09-03T17:36:52.980-04:00So the next bubble is in silver?So the next bubble is in silver?Angus McThaghttps://www.blogger.com/profile/09295013525738248801noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-10425500435529187012015-09-03T16:24:17.391-04:002015-09-03T16:24:17.391-04:00Gold and silver look cheap, and safe, but so do le...Gold and silver look cheap, and safe, but so do lead and brass in popular calibers. Solar panels look affordable and useful, too. <br /><br />I see precious metals as what you do with money you don't have any other use for. It's probably good to have 5 to 10% of your capital in precious metals, but don't overlook things that you can actually use. Ominous Cowherdhttps://www.blogger.com/profile/04802991559947782419noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-21655509704782510862015-09-03T10:25:57.361-04:002015-09-03T10:25:57.361-04:00"May you live in interesting times"
My p..."May you live in interesting times"<br />My parents lived through the great depression and in fact got married in 1933. My grandfather dabbled in stocks then and growing up there was a box of old stock certificates that we kids would play with. He could have been a millionaire or the stocks could have gone down even without the depression. But those were interesting time, 12 years more or less of interesting times. Then there was Pearl Harbor and 4 years of war. My mother would remind me that when the war began the U.S. was at a disadvantage and no one knew we would win. Then of course Vietnam, far more serious to those who went and their families but still interesting times. And 9/11, etc.<br />I do feel that the world has turned over the last 10-20 years. The terrorist/radical muslim threat is changing the world and threats. Our own politician's incompetence has placed us on track for another great depression or worse. We do live in interesting times and I cannot lose that nagging feeling that it is about to get dramatically more interesting.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-29284709153123071972015-09-03T00:14:39.354-04:002015-09-03T00:14:39.354-04:00Some friends and I have been steadily purchasing s...Some friends and I have been steadily purchasing silver over the last few months. It's often frustrating when you look at the spot price as compared to the actual Asked and Bid prices in the open market. We continue to search out and take advantage of distress level opportunities. Unfortunately for all of society we are finding more and more distress selling as our economy swirls down the toilet and once strong viable businesses or professions are succumbing to the economic realities and not the PR generated praises of a robust economy. Especially hurt by the modern economics are General Practice Physicians who are either in need of cash to keep their practices afloat or are saying screw it and closing their practices.David Forwardhttps://www.blogger.com/profile/15838876992410760867noreply@blogger.com