Galt's Gulch

A cog in the global economy slips

Posted by $ blarman 8 years, 5 months ago to Business
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  • Posted by $ johnrobert2 8 years, 5 months ago
    My wife is starting to see the sense in buying precious metals. Not totally convinced yet but she's edging closer.
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    • Posted by $ MichaelAarethun 8 years, 5 months ago
      if have them in hand and not just some piece of paper.
      2. If they are small enough in denomination to be easily convertible to needs.
      3. Unless you are doing it strictly as an investment ploy.
      4. Are the purchases safe? Not certificates but actual precious metals.
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      • Posted by $ blarman 8 years, 5 months ago
        "junk" grade silver (pre-1965 quarters, dimes) are generally a pretty good way to get in if you just want precious metals to trade. The 99.999% pure stuff comes with a premium. They're pretty and shiny, but if we're reduced back to a non-fist money economy, either is going to be worth its weight in ... well silver ;)
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  • Posted by $ nickursis 8 years, 5 months ago
    Just taking lessons from the west, in how to manipulate paper debt with more paper debt, to where value is a meaningless concept. This has been brewing for 10-15 years now.
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