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To: Kartographer; All

Thanks for the ping. As a former financial planner, I have always considered an investment of up to 10% in precious metals part of a well balanced portfolio.

My preference is American Silver Eagles for the long term portfolio/hedge against inflation. More than that may be useful, if SHTF. (rising real estate and property taxes if SHTF comes to mind). Junk silver could also be useful if SHTF.

Of course, that’s assuming that you have your other emergency supplies in good order and have the ability to replace those supplies(ie self-sufficiency), if the emergency situation outlasts those supplies. JMHO


129 posted on 08/06/2015 12:19:02 PM PDT by greeneyes (Moderation in defense of your country is NO virtue. Le//t Freedom Ring.)
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To: greeneyes; Kartographer; Marcella; All
I notice I failed to mention why I like to buy Silver American Eagles, so here are the reasons:

1. It is a very popular coin with a good market, hence it's quite liquid on the global market.

2. Nations stand behind their Sovereign coins, and this is America's Sovereign coin. It is stamped 1 oz and if uncirculated that is what you have - no need to calculate anything regarding various %. These are always an oz. of Silver.

3. Knowing this, I believe that many people would more likely trust this coin over a silver bar.

4. Coins have a collectability factor that bars do not - Collectables are sometimes exempted from confiscation.

5. It is beautiful. Lady Liberty walking on one side and the Eagle on the reverse side, with 13 stars representing the original colonies.

In it's talons, the eagle is holding an olive branch in the one and a bundle of arrows in the other. Representing our desire for peace, and our military power should we need to use it.

141 posted on 08/06/2015 2:32:48 PM PDT by greeneyes (Moderation in defense of your country is NO virtue. Le//t Freedom Ring.)
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