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I think gold is already unaffordable. You can not buy it economically in a small enough quantity that you can dispose of it without having a report of the transaction sent to the IRS.

I have been buying silver for a short while (not long enough or quickly enough, obviously in light of obama’s bankruptcy filing for the country.)

I own some gold, but I will not be able to sell it, and can not trade it for groceries.

To date, my silver is in small enough chunks that I should be able to dispose of some, if needed, to buy groceries (and ammunition) without the obama administration being notified of the transaction.

My exit strategy is to hold forever (which for me is probably not too long), convert some if I need to, and otherwise, let my sons worry about it.

I think gold is already unaffordable. You can not buy it economically in a small enough quantity that you can dispose of it without having a report of the transaction sent to the IRS.

I own some gold, but I will not be able to sell it, and can not trade it for groceries.

I think owning silver as you do is wise, but I think you’re wrong about gold. There is a reporting requirement for cash transactions over $10,000, but an ounce of gold isn’t quite there yet. Over $10k, there is no reporting if you pay by check or credit card.

When you sell, the dealer must report only if you are selling more than 24 Krugerrands or Maple Leafs, but not Eagles.

If you have gold and need groceries, you can always make change with someone who has silver.