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386

How do you tell what they are worth? Sure I know by silver but supposedly there are two misprinted. Do you trust some local dealer? Some may be worth more than silver weight.

How do you tell what they are worth? Sure I know by silver but supposedly there are two misprinted. Do you trust some local dealer? Some may be worth more than silver weight.

(post is archived)

[–] 2 pts

Buy gold, not silver. In a crisis nobody is going to trade in silver. They will want gold. I suggest Canadian Maple Leafs, which are recognized the world over and which contain exactly an ounce of gold. Buy from a bank, not some shady Internet dealer. You will lose money buying and you will lose money selling, but in the meantime, your money will be protected from inflation.

[–] 1 pt

Iwouldt give you a can of pork and beans for an ounce of gold it shtf.

[–] 1 pt

The purpose of currency is storing value. You might trade that can of beans for a chicken or something and so on, and so on. Eventually people will need to trade in another medium so you could buy a cow without having to find a cow's worth of goods the farmer wants. The low level barter has a lot of friction, silver decreases this.

[–] 1 pt

gold and silver is for preserving wealth, If your rich enough to have everything else you need.

[–] 1 pt

Gold isn't incremental enough. At current rates a gram is a week of groceries. Sub gram transactions would require everyone walking around with high end scales and disputes would not end well.

[–] 0 pt

Not really inflation proof.

Remember when the west first experienced inflation by Romans shaving bits off of coins or minting lighter weight coins of same value or diluting with base metals.

Well that shit is happening today but worse. Gold that exists in paper only.

How do you think they have stopped the value of gold from exploding?

Or silver. Remember that article last year. 3000tons of silver on the books was found to not exist in an audit.