Precious metals

[Husky23]

So, I've been thinking about this for awhile now and took no action, for a number of reasons, but after the 'debt limit deal' and giving this administration another $2+Trillion to destroy our dollar I went and purchased 5K in silver coins.

I see nothing but downward for the dollar and increased inflation as this admin destroys the dollar and we individuals need to protect ourselves.

From 2 weeks ago and bought at $37.28 and ounce it's up to near $41.

[101ABN]

Silver US coins make more sense to me than gold or silver ingots.

If the SHTF, you can always use them to purchase or barter for food and supplies.

Can you imagine taking a gold bar to Safeway and trying to buy a loaf of bread with it?

[Husky23]

Aug 18, 2011 18:01:28 GMT -8 101ABN said:

Silver US coins make more sense to me than gold or silver ingots.

If the SHTF, you can always use them to purchase or barter for food and supplies.

Can you imagine taking a gold bar to Safeway and trying to buy a loaf of bread with it?

Agreed, and yeah a gold bar?

I'm purchasing $1 silver silver coins, shipped to me.