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<p>[QUOTE="doug444, post: 1871074, member: 38849"]Wise words from Thomas Austin. My "investment" plan is not for everybody, but 3 times in the past 4 years I have consigned portions of my collections to Stack's, they have achieved good results, and every dime they sent me went into junk silver. I did not worry about dollar cost-averaging, and I never went back to any Seller who tried to steer me into U.S. Mint products, proof sets, hockey-puck rounds, tap-dancing ingots, or anything else that I would someday have to unload at spot, despite the fact I had paid a hefty premium for such-and-such an item. Junk silver, period.</p><p><br /></p><p>Everybody recognizes silver dimes, quarters, and halves. You don't have to convince any Buyer it's "Real". And it's already in small, convenient denominations/weights. Pride of ownership is not a factor in my current investing. And I am less concerned about confiscation than I would be if I owned gold. It's all going to end badly for the U.S., although we "might" get off easier than Europe, where the middle class will be savaged again.[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1871074, member: 38849"]Wise words from Thomas Austin. My "investment" plan is not for everybody, but 3 times in the past 4 years I have consigned portions of my collections to Stack's, they have achieved good results, and every dime they sent me went into junk silver. I did not worry about dollar cost-averaging, and I never went back to any Seller who tried to steer me into U.S. Mint products, proof sets, hockey-puck rounds, tap-dancing ingots, or anything else that I would someday have to unload at spot, despite the fact I had paid a hefty premium for such-and-such an item. Junk silver, period. Everybody recognizes silver dimes, quarters, and halves. You don't have to convince any Buyer it's "Real". And it's already in small, convenient denominations/weights. Pride of ownership is not a factor in my current investing. And I am less concerned about confiscation than I would be if I owned gold. It's all going to end badly for the U.S., although we "might" get off easier than Europe, where the middle class will be savaged again.[/QUOTE]
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