Re: Best Forms of Bullion to Buy?
Posted:
Thu Apr 17, 2014 2:12 pmby cooyon
I agree with much of what he outlined. I would add these to my stockpile:
40% halves
rolls of US nickels
rolls of US Cu cents
and to a lesser degree, .800 Canadian silver and rolls of .999 nickels.
When the dollar devaluation occurs (a holiday weekend??) the FED will declare a bank holiday maybe lasting a week, I would stockpile a lot of $1 FRNs and a lot of small change to shop with cash at grocery stores, etc, early birds will get the milk, the bread if they have cash.
90% Ag is still #1 though, IMHO.
Re: Best Forms of Bullion to Buy?
Posted:
Thu Apr 17, 2014 7:32 pmby pennypicker
"Last, I would have a significant quantity of U.S. 90 percent silver coins. Because of their divisibility, I think they could easily end up being the preferred spending money in a post-U.S. dollar America."The last line in the article (above) pretty much says it all.
Re: Best Forms of Bullion to Buy?
Posted:
Thu Apr 17, 2014 7:59 pmby John Reich
He says he wouldn't stack any platinum. I think having a small amount is good--buy when platinum sells for less than gold and trade into gold when platinum sells for more than gold.
Same thing with gold/silver--play the gold/silver ratio. The idea is to play the ratio to increase the number of ounces you own.