so i am about 1/3 of the way towards my goal of about $18000 in non-collectible gold and silver coin for TSHTF and hedge purposes.
should i continue in the same manner (krugerrands for large denominations, and pre 1965 dimes for small denominations)?
for small denominations, should i diversify into pre 1965 quarters and half dollars, or just stick with dimes?
apparently a good local coin dealer makes all the difference in the world, and if you find one, you don’t need to hassle with online ordering and wait for land shipment delivery.
according to the US government CPI, inflation 1990-2017 was 2.43%, not 4.15%.
http://www.dollartimes.com/inflation/inflation.php?amount=1&year=1990
IOW if the price of gold is to be believed (???) as a measure of inflation, the USG lies.
Hypotethical scenario: If i put $1200 of US$ into a safe in 1990 and took it out today, I could have bought 3 krugerrands in 1990, but only one krugerrand today. Who has the two missing krugerrands today that i could have put in the safe had i bought gold in 1990?
FWIW, I think Gold is always good.
I’d stick with dimes, which have the same 90% but can be acquired much cheaper (and of course currently sell for a reflective lesser amount).
therefore it follows that
* any “mattress” style paper money savings strategy loses real value at a rate of about 4.15%/yr
* any non-gold style investment should ideally beat 4.15%/yr (tax free)
i am especially interested in my estimate of the cost of land travel if/when TSHTF.
Maybe a good visual model might be The Walking Dead on the AMC channel.
This is one reason why I am leaning towards considering $6.33/mile over mixed land and rivers as possibly too high.
From San Francisco to Vancouver I would have to navigate the following crossings:
Golden Gate
Russian River
Humboldt River
Umpqua River
Siuslaw River
Yaquina Bay
Siletz River
Nestucca River
Trask River
Wilson River
Nehalem River
Columbia River
Willapa River
Chehalis River
Quinault River
Queets River
Hoh River
Bogachiel River
Elwha River
Skomish River
Puyallup River
Lake Union
Snohomish River
Stillaguamish River
Skagit River
Nooksack River
... to the canadian border. that is about 26 major water crossings.
if all the bridges were knocked out or toll-controlled and presuming land travel was cheap enough to be negligible, that works out to be about $6000/26 = $230 per water crossing
Moscow And Beijing Join Forces To Bypass US Dollar In Global Markets, Shift To Gold Trade
Zero Hedge ^ | 04/01/17 | Tyler Durden
Posted on 4/2/2017, 10:50:21 AM by Enlightened1
http://freerepublic.com/focus/f-news/3540332/posts