Friday, October 19, 2012

Silver, The Easily Liquidated Solid Investment

Where are your investments? Are they in the bank, in the form of savings, checking, CD's, money market funds? Are they in stocks, bonds, derivatives, commodities, futures, shorts, longs, etc? Are they in U.S. treasuries or bonds? Are they in mutual funds, 401K's, etc?

Do you realize that a simple single or multiple terrorist attack in this country, which is highly likely by the way, can wipe every bit of it away in an instant? You could be a millionaire today on paper, and a pauper tomorrow with nothing to show for all of your hard work during your lifetime.

In these economic times in concert with the world affairs as they are, the only thing that makes logical common sense (I know, common sense is not at all common) is to move your investments into tangible assets.

The most logical physical tangible asset is not gold, it's silver. Today, the spot price of gold is $1,724.00 per ounce. If you had all your investments in one ounce coins and the economy collapsed, how will you buy or barter for your food? With a $1,724.00 coin? You'd better be ready to haul off a bunch of food, IF they would let you buy that much. Or your little bit of food just became very expensive.

What you need to be invested in, after you have checked off everything on your prepping list, is Silver. And not just any silver. What you want are Pre-1965 U.S. Silver Coins, which are 90% silver. It's called junk silver, but it is far from junk. The spot price of silver today is $32.13 per ounce. About $1,000.00 face value of these coins will cost you about $25,000.00, and it's a good sized bag. Imagine the money sacks in armored cars in the movies. That's about 778 ounces of silver, or about 48.63 pounds!

What's important about Pre-1965 silver coins is that it is a known. It will be much easier for several reasons. It is known that these coins are 90% silver. Each denomination is roughly the same weight, so the value will be consistent and easier to tally when trading. And the silver value of the individual coins are much smaller than gold, which makes it easier to make a fair trade. If our currency hyper-inflates or becomes worthless, gold & silver will still be welcome by most anyone.



Here is a chart to help you now and after the crash to determine the actual value of your coins.
Right click and 'save image as' to save it and print it for safe keeping.

(taken from http://www.silverbarter.com/junk_silver_specs.html )