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To: Graybeard58

You are right although I think you were trying to be facetious. Gold is “real” money. An ounce of gold is always worth an ounce of gold. The same can not be said for the Federal Reserve Note.(And I own no precious metals by the way.)


20 posted on 04/15/2014 6:17:31 AM PDT by cdpap
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To: cdpap

“Alas Babylon” author Pat Frank wrote a post-nuclear war survival manual in 1962. He saw boxes & bricks of .22 lr ammo becoming barter currency but he also wrote,

“The day may come when a pound of tobacco is worth more than a pound of gold.”

I agree with whoever posted that right now is a good time to acquire junk silver. But it just occurred to me that when Pat Frank wrote his survival book, most U.S. coinage was still solid 900 silver and a silver dollar was worth exactly one dollar and most greenbacks were silver certificates.

That 1962 book is expensive & scarcer than hens’ teeth since there was only one edition. Anyone out there know if Pat Frank favored hoarding silver coinage?

Silver is only nineteen bucks & some change right now, BTW.


24 posted on 04/15/2014 6:35:39 AM PDT by elcid1970
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