Silver Still Running Strong
Perhaps you can't afford to buy some. Have you thought about seeking out what's known as "Junk Silver"?
Normally, I would not tell people who can’t afford to buy silver as a hedge against inflation, to buyt. I would say to just stay clear and concentrate on the roof over your head and the food in your gut. I am old enough to remember the 70’s when Democrats would make use of the horrible images of elderly people, forgoing medication to buy pet food to live on. The truth is always ugly, but it did happen and I’m sorry to tell you that it looks more and more like this will be the case again but not for just the elderly.
However, some people who have a few dollars to spare, and can’t rationalize buying newly minted Silver products, may take a look at what is called “Junk Silver”, meaning silver US coins, minted up to 1964. They would have up to 90% silver, making them a little less expensive but keeping you in the game. True, most of it has long been scarfed up by very smart people in the last twenty years. This doesn’t mean it’s all gone. Look to your reputable gold and silver retailer and check with them on availability. You can also go to a pawn shop or coin dealer and shop individual coins. Your favorite retailer may also work with you. Expect to pay premiums (proffit margin for the seller) so compare those rates as well.
No, you can’t eat Silver, though even the person who has just a little bit of extra cash can get some of that cash protected in Silver to aquire something to eat. Silver, over the past 5 months, has gone up 33% in value and that was not over night. This time, the vaule is sticking and going higher as I type this. https://www.apmex.com/silver-price
What can do with Silver in an emergency? You can try and start a new economy with your nearby neighbors or you might be able to trade it for goods and services or convert it to another currency of the globe. Did I say that?
Gold is for the wealthy so more power to you. Bitcoin is for the stupid wealthy, you should the good lord every day you get out of bed with that kind of wealth. Silver, is for the smart little people who still have a chance to at least, hang on to what you have and live on for another chance at the brass ring of life.
Remember, one man’s junk is another man’s fortune!
Yours in liberty,
Vince