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IS IT WISE TO COLLECT GOLD/SILVER COINS CIRCULATED?
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<p>[QUOTE="yankee doodle, post: 2664604, member: 81569"]There are only 2 economic extremes to be concerned about. In deflation, cash (greenbacks & coins) is king. In hyperinflation PMs are. Therefore, to cover both ends, accumulate junk 90% silver Rosies and GW quarters. Their visual appearances have not changed in generations. They will still be recognized as cash by even the 7-11 clerk during deflationary conditions (vs. a gold saint). Yet, with hyperinflation, their silver content will help you buy half the store. Under difficult times, people will only buy/sell/trade with what they understand and junk Ag is the way to go. The more likely to occur moderate conditions in between these extremes will still respect all forms of silver and gold. Therefore, you cannot lose with them, esp. the common 90% silver.[/QUOTE]</p><p><br /></p>
[QUOTE="yankee doodle, post: 2664604, member: 81569"]There are only 2 economic extremes to be concerned about. In deflation, cash (greenbacks & coins) is king. In hyperinflation PMs are. Therefore, to cover both ends, accumulate junk 90% silver Rosies and GW quarters. Their visual appearances have not changed in generations. They will still be recognized as cash by even the 7-11 clerk during deflationary conditions (vs. a gold saint). Yet, with hyperinflation, their silver content will help you buy half the store. Under difficult times, people will only buy/sell/trade with what they understand and junk Ag is the way to go. The more likely to occur moderate conditions in between these extremes will still respect all forms of silver and gold. Therefore, you cannot lose with them, esp. the common 90% silver.[/QUOTE]
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