Anyone who invests in silver as "insurance" should be obligated to post here when they begin to starve. (Although I understand that their internet connection will be the first to go--maybe they can post from a public library and give us updates?).
If there is a true collapse, currency will be silver coins and 22LR.
Both are easy to hold, both are easily recognized as valuable and neither are, in small quantities, worth killing over.
Gold as a reservoir of value will work after restoration of society, but for that purpose, I think land is a better store of value.
I buy rolls of silver quarters here and there as insurance. Because of the mark up over spot, I’d never consider them an investment.
They do sound pretty when they clink together.
Insurance, sure. Investment, nope.
Okay rude, I will post here when I begin to starve...... That 5% of my take home will just flutter away into the toilet. My coinage will be worth only $5 an ounce, when the US dollar is toilet paper. Or maybe it will be worth 20 times that. The dollar is guaranteed to be obsolete, precious metal coins never will be.