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<p>[QUOTE="doug444, post: 1956690, member: 38849"]Think about what happens at the other end. Think about whether you want to be a stacker or a numismatist. You can't have it both ways.</p><p><br /></p><p>The most convenient PM for an emergency is, and will always be, the silver dime. And unlike rounds and bars, you don't have to convince a buyer (way down the line) that it's really silver. You are buying PM's for a 5 or 10 year holding period, through the hyperflation and anarchy that are coming. I cannot think of any reason to buy Eagles or other Mint products, due to the premium(s) built into the price. When the crunch comes, all those premiums will evaporate, and "heavy" silver (like 10 or 100 ounce bars) will probably trade at a significant discount, because only a tiny fraction of sellers will be able to "make change" for them.</p><p><br /></p><p>Stackers need to provide for their families first, which means food, water, and a means of protection. <u>The thing that will bring many families down</u> is prescription medicines, which at the peak, will be unavailable at any price, as production will simply STOP. </p><p><br /></p><p>I don't know the answer to this problem, and I don't see it discussed very often. Without my prescriptions, I would be dead in two weeks.</p><p><br /></p><p>Silver is so bulky and hard to store (roughly 65# per $1,000 face value) that you should diversify, buying both gold and silver, even though a good many folks think that silver will increase percentage-wise faster than gold, looking ahead, as the gold-silver ratio reverts toward its historical mean. Paper money may be virtually worthless; it's happened many times before, and will happen again.</p><p><br /></p><p>Not 5 in 100 Americans believe as I do, or as you are beginning to believe. That's fine with me, and my heirs. Good luck.[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1956690, member: 38849"]Think about what happens at the other end. Think about whether you want to be a stacker or a numismatist. You can't have it both ways. The most convenient PM for an emergency is, and will always be, the silver dime. And unlike rounds and bars, you don't have to convince a buyer (way down the line) that it's really silver. You are buying PM's for a 5 or 10 year holding period, through the hyperflation and anarchy that are coming. I cannot think of any reason to buy Eagles or other Mint products, due to the premium(s) built into the price. When the crunch comes, all those premiums will evaporate, and "heavy" silver (like 10 or 100 ounce bars) will probably trade at a significant discount, because only a tiny fraction of sellers will be able to "make change" for them. Stackers need to provide for their families first, which means food, water, and a means of protection. [U]The thing that will bring many families down[/U] is prescription medicines, which at the peak, will be unavailable at any price, as production will simply STOP. I don't know the answer to this problem, and I don't see it discussed very often. Without my prescriptions, I would be dead in two weeks. Silver is so bulky and hard to store (roughly 65# per $1,000 face value) that you should diversify, buying both gold and silver, even though a good many folks think that silver will increase percentage-wise faster than gold, looking ahead, as the gold-silver ratio reverts toward its historical mean. Paper money may be virtually worthless; it's happened many times before, and will happen again. Not 5 in 100 Americans believe as I do, or as you are beginning to believe. That's fine with me, and my heirs. Good luck.[/QUOTE]
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