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If you currently don't have silver coins, should you buy some now?

The answer is yes.

But not for the reason you might expect.

Silver is severely under priced at the moment, and all of the talk about silver shortages is basically bullshit. There is no sustainable shortage of real silver at this time, hence the price. Silver is now in surplus. There are reductions in refined silver bullion output of new coins and bars, but not enough to radically alter the price.

This is not why you should buy the silver coins.

The powers that be - Aka central banking globalists - are moving on our personal bank accounts - and introducing new digital currency systems, with associated cash control systems. They are moving for complete control over the access to your money. They will also be looking to completely phase out cash.

We have seen the tyranny of restricting our access to communications and freedom of speech. Now they want to restrict our access to our own wealth. This system, just as the other, will of course be abused just as soon as it is operational.

This is where silver coins come in. On the street, a silver one ounce coin will always retain a trading value. These coins may become the default black market currency under the new financial regime. They will become the only real cash available, and we will always have a need for money, especially with our black markets.

You can get 50 coins right now for roughly $1000. A one troy ounce, 0.999 silver coin, of nearly any vintage, is basically interchangeable for any other. At the current price - between $20 to $25 each, they are already at a bargain basement price. You are not buying them as an investment. You hold them against currency collapse, or an attempt to take the system cashless and shut us out of our own economy.

They are insurance.

Put them in a sock and hide them under your bed. Don't keep them in a bank or other institution.

If you currently don't have silver coins, should you buy some now? The answer is yes. But not for the reason you might expect. Silver is severely under priced at the moment, and all of the talk about silver shortages is basically bullshit. There is no sustainable shortage of real silver at this time, hence the price. Silver is now in surplus. There are reductions in refined silver bullion output of new coins and bars, but not enough to radically alter the price. This is not why you should buy the silver coins. The powers that be - Aka central banking globalists - are moving on our personal bank accounts - and introducing new digital currency systems, with associated cash control systems. They are moving for complete control over the access to your money. They will also be looking to completely phase out cash. We have seen the tyranny of restricting our access to communications and freedom of speech. Now they want to restrict our access to our own wealth. This system, just as the other, will of course be abused just as soon as it is operational. This is where silver coins come in. On the street, a silver one ounce coin will always retain a trading value. These coins may become the default black market currency under the new financial regime. They will become the only real cash available, and we will always have a need for money, especially with our black markets. You can get 50 coins right now for roughly $1000. A one troy ounce, 0.999 silver coin, of nearly any vintage, is basically interchangeable for any other. At the current price - between $20 to $25 each, they are already at a bargain basement price. You are not buying them as an investment. You hold them against currency collapse, or an attempt to take the system cashless and shut us out of our own economy. They are insurance. Put them in a sock and hide them under your bed. Don't keep them in a bank or other institution.

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[–] • 1 pt

I think this post is has value and certainly something to do.

What I suggest in addition is to buy fractional weight bars/coins as well as the 1oz such as, 1gram, 2.5gram 5oz 10oz. Many items you will want to trade will be under the 1oz value the coins hold as well as have higher weighted bars, 5oz 10oz etc. You don't want to carry all of these coins around when trading so carrying less coins/bars is ideal.

You don't really want to be trading in 1oz coins/bars that often as that will draw attention and they may assume you have more of those fresh coins at your home. Consider buying jewelry think of bracelets, rings, earrings, necklaces that can be unlinked and those individual links can be traded.

Keep your receipts for all gold/silver purchased as it's likely the police will pull you over or search your home and once they find your stash of metal, they will likely confiscate it saying it's not normal for someone to keep such a high amount of metal and thus you must be doing something illegal. They will need to see proof that you've purchased it, so you can show them the receipts.

I also suggest buying US, Canadian, Australian minted coins and bars.

[–] [deleted] • 1 pt (edited )

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.

[–] • 0 pt

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.

[–] • 1 pt

When?

See you guys tomorrow.

[–] • 1 pt

Argentina started late 1998 through about 2002

Greece was 2009 through 2018.

I think I saw that Argentina film back around 2000.

Our new digital systems are being quietly installed right now.

Liberals are saying vaccine passports will be necessary to access private bank accounts.

[–] • 0 pt

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.