Good start. Getta safe.

If you are looking for transactional silver the 90% quarters and dimes appear to be the way to go. I would assume that would look like you scrounge.

Edit: slim chance copper rounds take off as well.

I saw a film about the IMF Argentina currency collapse.

The economy crashed, (was shut down by the central bankers,) people couldn't access their private bank accounts, but the farmers markets were very busy.

Gold wedding rings were treated as equal in value by the food vendors as a currency, even as their gold value radically differed from ring to ring. These become the main default currency of the markets, and business carried on. One difference being the government could no longer collect taxes from the vendors.

In Greece, when the same type of restricted currency limited private account withdrawal controls were implemented, again by the central banks, and again crashing the local economy, Greek citizens were able to do an end run around the local controls, somewhat, by using foreign issued credit cards to conduct local transactions. In many ways, the effects of the bank controls, while still very serious, were less impactful than the Argentina collapse as a result.

Under the new digital currency system, credit card and debit card access will be frozen along with personal bank account access.

as a silver stacker, I'm sorry but you're incorrect about people accepting chain links.

fractional silver 90% coins are recognised and easily bartered with.

anything else is too easily faked. therefore exchanges will only accepted at extremely reduced prices.

One is not exclusive of the other.

One solar flare wipes electronic currency from the planet.

I don't trust bitcoin to secure my wealth.

Of course they know, silver ownership is older than Judaism.

There's lots of global sources of silver. Several countries use it as the primary asset to back their own currencies.

Silver production is more often a byproduct metal from other metal mining operations, such that the majority of silver produced each year is as a byproduct metal, as opposed to metal specifically mined in a silver mine. As a result, annual silver production is greatly tied to the global industrial demand for metals in general, as opposed to silver mining specifically.

One consequence of this is silver production cannot be controlled by market forces. Only silver purchasing and trading can be influenced by market forces. Due to the high number of national central banks that use silver as their primary tier one national asset, no single bank or groups of banks, regardless of size, can control the market price of silver through cornering the market.

There are huge reserve stockpiles of silver in multiple locations that are not traded on the daily markets. Nor are these stockpiles counted as available silver. Whenever the price of silver ranges too high, some of these stockpiles have been known to flood the market with additional silver. As such, the situation contributes to preventing any one party from cornering the market. You would need very deep pockets indeed to even attempt to do so.

So, this is the true situation of silver. Big players do control the majority of silver ownership. The big players, however, are not all working together. Many do not get along so well with the globalists anyways. There is diversity of ownership of the major stockpiles that actually keep the silver price close to it's actual fair market price. There is so much surplus silver that vast stockpiles are not even traded at all. This is not hording behavior per say. It is the true situation that taking the silver price even lower brings no viable gains. They are better off not trading at this time, so they don't.

Of course, if the world was to return to a gold standard, and that just might happen, then there is a very real shortage of global silver, and holders of silver stockpiles come out as the big winners. Despite the vast size of the current silver surplus, it is doubtful that it could satisfy the global need for currency without equally vastly inflating the price of silver to match the potential demand. The same price revaluation would also be needed for gold, as in, actual physical gold would have to be repriced at millions of dollars per ounce if we tried to use it to cover the current currency in circulation plus the electronic currency in the various banking systems. You can see just how badly our global fiat currencies have devalued in real purchasing power when you attempt to do this math.

While paper gold is definitely used to suppress the price of gold as a deliberate act, paper silver is not needed to keep the price of silver suppressed. Paper silver is used mainly as a trading convenience between major parties across financial borders, specifically for the China trade laws. Paper gold was invented for this purpose as well, but since has become the primary tool the banks use to suppress gold prices. Suppressing gold prices also has a natural suppression effect on silver prices. They don't need paper silver to suppress silver prices. The world has surplus silver to such an extent that much of it isn't even on the market.

The 10:00 am silver fix spot price at Kitco was US $22.64

Probably retails somewhere around $26 to $27 today at local dealers.

Lets see - JMBullion has maple leafs in stock at $27 and change - with eagles at nearly $32 (that mint coin shortage I mentioned above somewhere.) Their JMBullion 10 ounce bar is at $263

You need to deal with a reputable dealer. Internet discussion is usually best for checking out those nearest to you.

At $20 an ounce, there's simply not a lot of incentive for silver scammers, although it has occurred in the past. It's just not really profitable. When it does happen it is usually the larger bars. Fake gold is much much more common among scammers.

I usually stick to national mint coins from reputable dealers - like maple leaf bullion coins from the Canadian mint authorized distributors. However, with silver especially, there are many private bullion coin mints out there making their own 1 ounce silver rounds and bars of equal quality to that of any of the national mints.

Reputable dealers have a lot to lose should their reputation become tarnished, which is so easy to happen in our internet era. That means if you do have a problem, they will usually make it right. With these guys, silver is usually the bottom tier asset they handle anyways. The big money is in gold, platinum, etc. You don't trade that hard earned reputation for some lowly fake silver profits.