The Daily Web Log for Prepared Individuals Living in Uncertain Times.
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Stackable Silver Rounds?
Today, I just happened to notice this new option for Silver Rounds and wondering what others think about them? Round coin vs. stackable chip? Is it worth paying a little extra for?
Buy silver at the lowest premium possible, with the thought that they may be dropped into a pot for melting. If you need help with this idea, visit a “Pick-a-Part” junk yard a few days before shopping for a different car.
The exception to this is sovereign coin that can be used to pay taxes with. These may be worth having at a higher premium as “the King’s Money” which should be valued correctly if the law has any power. Pre-1965 90% silver coinage is sometimes available at a very low premium to “spot”, recently thirteen cents over spot (1oz of actual silver weight) vs. ~$1.20 to get a generic “round” ounce of .999 silver or $2.50 over spot to get a 1oz ASE.
Stackable rounds still need tubes, but you might get an extra one or 2 in each tube.
The nice thing about pre 65 junk silver is you could use it for everyday purchases unlike gold. Spread out what you get between dimes, quarters, and halves.
I find it easy to conceive of a near to mid term time when paper and electronic bond funds and equities and funds will be exposed as the Emperor wearing no clothes. It could all go to zero but more likely just plummet fifty percent in a year or three quarters. There is oversupply of all manufactured goods and hyper competition to sell anything at profit. The big industrial economies seem to be pyramid schemes and Ponzi schemes. The whole place globally resembles a house of cards.
Stackable Silver Rounds?
Today, I just happened to notice this new option for Silver Rounds and wondering what others think about them? Round coin vs. stackable chip? Is it worth paying a little extra for?
https://www.jmbullion.com/search/?q=stackable+silver+rounds#
Buy silver at the lowest premium possible, with the thought that they may be dropped into a pot for melting. If you need help with this idea, visit a “Pick-a-Part” junk yard a few days before shopping for a different car.
The exception to this is sovereign coin that can be used to pay taxes with. These may be worth having at a higher premium as “the King’s Money” which should be valued correctly if the law has any power. Pre-1965 90% silver coinage is sometimes available at a very low premium to “spot”, recently thirteen cents over spot (1oz of actual silver weight) vs. ~$1.20 to get a generic “round” ounce of .999 silver or $2.50 over spot to get a 1oz ASE.
Stackable rounds still need tubes, but you might get an extra one or 2 in each tube.
The nice thing about pre 65 junk silver is you could use it for everyday purchases unlike gold. Spread out what you get between dimes, quarters, and halves.
I find it easy to conceive of a near to mid term time when paper and electronic bond funds and equities and funds will be exposed as the Emperor wearing no clothes. It could all go to zero but more likely just plummet fifty percent in a year or three quarters. There is oversupply of all manufactured goods and hyper competition to sell anything at profit. The big industrial economies seem to be pyramid schemes and Ponzi schemes. The whole place globally resembles a house of cards.