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Well I will not be buying searching for silver anymore...
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<p>[QUOTE="Pendragon, post: 1523681, member: 39918"]My great grandparents collected all the silver long ago I think....My grandfathers kept big jars of al the silver coins in one jar and shiny pennies in another and my grandfathers both kept gold coins almost always until it was banned and then I had to dig them up about 10 years ago in mason jars that were in my grandmothers garden on one side and out of the side of a basement wall on another so there are about 25 jars of those alone....</p><p><br /></p><p> the thing I remember most is after 1964 my father going in buying 3000 dollars of coins from halves qaurters and dimes and me having to help drag them in 1000 dollar bags to the car and him staying up all night going through all of them and rolling the silver ones in dates and putting rolls back of the non silver..... Back in the 70's you could buy 3Kof any and return 1500 to maybe 2000 to turn back for cash and then he would go to another bank add in another 1500 to 1000 dollars and spend 3000 for halves qaurters and dimes he did it every week for years.....which does not include what my grandparents and great grand parents saved all their change for a rainy day and put it in burlap bags.... </p><p><br /></p><p>I am thankful so much was left to me but you have no idea what it is like going to the bank and just trying to pull out one of the drawers let alone then trying to sort them into some dates and guesstimate what they might grade..... there is still some out there and actually I find more from those folks using them from the rainy day funds other parents and grandparents set up...</p><p><br /></p><p>.I am just curious to how much is hoarded and how much is melted and gone forever into the cell phone or lcd tv or other electronics like solar photovoltaics panels for the new solar fields.....Silver in my opionion will always be the best investment used in industry the price will go up and when hyper inflation hits from all the printed dollars of the QE1,2 and twist and possible QE 3 the presses run 25 hours a day 8 days a week....</p><p><br /></p><p>Back before refridgerartion trucks I heard stories of how thankful kids were to get an orange or fruit in their stocking at Christmas time because it was scarce and a luxury and had lots of value then I thought If I lived in California or Florida and I got a piece of fruit in my stocking I would feel ripped off cause the are every where....And that is the way I look at the world and USA inparticular So many companies being unsure of what costs they will run into just sit on this cash as well as investors....when they release it and dump it by feeling safer then the hyper inflation starts and for as much printing over the last 4 years they have done it will be like every kid will wake up everyday and not just christmas to get 10 oranges a day because then they have no value....Like our cash will one day soon and I do not think it matters who gets elected come novemeber hyper inflation is on the way and the longer we do not have it the bigger and worse it will be...Silver is right now the poor mans gold but I believe copper and zinc will also gather value as they are the other hidden and cheaper options when it hits....as will be food and water...[/QUOTE]</p><p><br /></p>
[QUOTE="Pendragon, post: 1523681, member: 39918"]My great grandparents collected all the silver long ago I think....My grandfathers kept big jars of al the silver coins in one jar and shiny pennies in another and my grandfathers both kept gold coins almost always until it was banned and then I had to dig them up about 10 years ago in mason jars that were in my grandmothers garden on one side and out of the side of a basement wall on another so there are about 25 jars of those alone.... the thing I remember most is after 1964 my father going in buying 3000 dollars of coins from halves qaurters and dimes and me having to help drag them in 1000 dollar bags to the car and him staying up all night going through all of them and rolling the silver ones in dates and putting rolls back of the non silver..... Back in the 70's you could buy 3Kof any and return 1500 to maybe 2000 to turn back for cash and then he would go to another bank add in another 1500 to 1000 dollars and spend 3000 for halves qaurters and dimes he did it every week for years.....which does not include what my grandparents and great grand parents saved all their change for a rainy day and put it in burlap bags.... I am thankful so much was left to me but you have no idea what it is like going to the bank and just trying to pull out one of the drawers let alone then trying to sort them into some dates and guesstimate what they might grade..... there is still some out there and actually I find more from those folks using them from the rainy day funds other parents and grandparents set up... .I am just curious to how much is hoarded and how much is melted and gone forever into the cell phone or lcd tv or other electronics like solar photovoltaics panels for the new solar fields.....Silver in my opionion will always be the best investment used in industry the price will go up and when hyper inflation hits from all the printed dollars of the QE1,2 and twist and possible QE 3 the presses run 25 hours a day 8 days a week.... Back before refridgerartion trucks I heard stories of how thankful kids were to get an orange or fruit in their stocking at Christmas time because it was scarce and a luxury and had lots of value then I thought If I lived in California or Florida and I got a piece of fruit in my stocking I would feel ripped off cause the are every where....And that is the way I look at the world and USA inparticular So many companies being unsure of what costs they will run into just sit on this cash as well as investors....when they release it and dump it by feeling safer then the hyper inflation starts and for as much printing over the last 4 years they have done it will be like every kid will wake up everyday and not just christmas to get 10 oranges a day because then they have no value....Like our cash will one day soon and I do not think it matters who gets elected come novemeber hyper inflation is on the way and the longer we do not have it the bigger and worse it will be...Silver is right now the poor mans gold but I believe copper and zinc will also gather value as they are the other hidden and cheaper options when it hits....as will be food and water...[/QUOTE]
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