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FSN: Must Own Junk Silver: Revisited
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Andrew Hoffman
Miles Franklin
On September 10th, I wrote one of my most important RANTS ever – “MUST OWN JUNK SILVER.” I have long viewed “junk” silver (pre-1965 U.S. dimes, quarters, and half-dollars, all of which have 90% silver content) as the most important “protection purchase” one can make; and given the rapid deterioration of the global economic situation in recent months, that belief is STRONGER THAN EVER.
Junk silver is perhaps the worst misnomer on the planet, as no product represents more “value” for the price. Given its small denominations (a “junk dime,” for example, is worth roughly $3), government issuance, and scarcity, no Precious Metal item is better suited for an uncertain future; particularly if the worst-case scenario of a temporary “barter society” emerges.
Continue Reading at MilesFranklin.com…
2013-04-02 15:02:56
Source: http://silveristhenew.com/2013/04/02/must-own-junk-silver-revisited/
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