Category: Economics & Investing

James Wesley: I recently inherited several U.S. Savings Bonds, Series EE. Do you recommend that I keep them, or cash them in so I can get better prepared? (We only have about two months of storage food here at our house.) How do I find out if the bonds are still earning interest, and what they are currently worth? Thank you, – C.C. JWR Replies: You are right about recognizing priorities. You can’t eat bonds. If the bonds have fully matured, then by all means cash them in. You can check of the status of most bonds at the Treasury …

Mr. Rawles: I’ve seen you mention precious metals, and silver in particular, pretty often in your blog. I’m new at this. What is your guidance on a safe (conservative) way to invest? What percentage in precious metals? Thanks, – TZK in Central Kentucky JWR Replies: I recommend that SurvivalBlog readers should put at least 25% of their portfolios into gold, silver, and barter goods, and roughly 50% into productive farm ground–a retreat to occupy year-round–in a lightly populated region that is well-removed major metropolitan areas. The exact ratio of investments will vary, depending on your age, indebtedness, risk aversion, and …

James, While I am sure that this has been covered here before, it demands review. I was searching for information on a “safe store of value” and I came across the following. On or about 1966, Alan Greenspan wrote a lucid note entitled, “Gold and Economic Freedom.” Greenspan’s essay ends with, “This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in …

Jim, I know your a fan of silver, but I noted that Canada is producing 1/20 oz gold bullion coins and it seems to be in .999 fine along with all their other Maple Leaf production this year. These are smaller than a US Dime, the 1/10 oz is about the same size as the US Dime. I do business (buy and sell) with these guys but also occasionally buy form a place for cash in the Financial District of SF for cash of course with no paper trail, they give me pretty good price over spot. Cordially, – Tim …

Hi, Jim,. I don’t remember this topic being brought up, so I’ll ask about it. According to www.coinflation.com, the current melt value of a pre-1982 [U.S.] penny (95% copper) is $.02, twice its face value. The melt value of a [U.S.] nickel (75% copper, 25% nickel) is $.09, nearly twice its face value. Melt value is, of course, dependent upon the metals markets, which fluctuate daily. While most metal prices have increased dramatically over the last few years, there’s no guarantee they’ll continue to rise (and prices might even fall), but at this point the long-term trend seems upward. With …

Jim, I love your blog, it’s the only one I read, really. I’m writing to recommend APMEX.com as a source of precious metals, and pre-1965 [U.S.] silver coinage. I took your advice, and the advice of others, and decided to begin a precious metals investing program, starting with pre-’65 coins, and a few 1 oz American Silver Eagles. I searched all over the net looking for a place that would take a small order from a beginner, and found few, They sold large amounts, and there was always a call from a sales rep involved to complete the order process. …