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To: Petro

I like collecting gold and silver coins for numismatic purposes, especially fractional gold coins, as even if they lose value as collector items, they can still be used for barter with someone who may not have change for 1-oz of gold.

When the US confiscated the public’s gold, they did not confiscate collectible coins.

I used to give out stamped, silver bullion bars as Christmas presents to my employees, merely because they looked cool, they were tangible, they were heavy, they were valuable, they were investments that the employees might retain and great conversation pieces that most people didn’t/don’t go out and buy for themselves.

Are gold and silver the end all of asset protection? No. Just as .45 ACP is not the end-all of self-defense. You need a 12-gauge shotgun (with an assortment of bird shot, 00 and maybe even rifled slugs) and a nice long range rifle (I like a 308.)

I think having some gold and silver is as wise as having a bug-out bag and grub stashed away in safe-boxes in safe locations.

You don’t need enough gold and silver to fund a new country... just a little in case others got bit by the gold-bug and trade with it when nothing else is trading.


18 posted on 04/13/2014 1:56:12 AM PDT by Ex-Pat in Mex
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To: Ex-Pat in Mex
"I think having some gold and silver is as wise as having a bug-out bag and grub stashed away..."

Something is better than nothing - when laying in prep supplies on a limited budget, I also thought it wise to have some US silver dollars - not enough to hurt if the value drops severely, though.

29 posted on 04/13/2014 4:24:44 AM PDT by Psalm 73 ("Gentlemen, you can't fight in here - this is the War Room".)
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