Long Position on Silver and Gold?

[rbeau30]

Where do you pick up junk silver? Paying more over spot for junk silver vs. ASEs doesn't make sense.

I get my stuff at Provident. I pay a little more for Junk because I store it for different reasons. My reasoning is that I am going to need a smaller denomination of "real money" some day. and rather chopping up peices of ASEs, I will be prepared for when someone wants to barter in pre 65 coins. So for what I want I'll pay more.

I also don't care about "being tracked" There is no way that I can be totally incognito about my lifestyle anyways. I am sure my purchases/posts/email is all going somewhere to be tracked anyways. My phone for cripes sake knows more about me than I do. So if it gets to the point where they are going door to door and seizing silver/gold/preps/ammo/guns, we got a bigger problem, and I am hopefully prepared enough to meet that challenge.

Thanks for the info! I saw that maple leafs were a little cheaper and something about anti counterfeiting measures in the new design. Peaked my interest!


Sent from my iPhone

I am not an expert, but that is how I see it. You have to think about what more people will recognize in a low tech world. If you are trying to barter in the U.S. won't U.S. coinage me more recognized? Let's say there is no more exchanges or stocks, or USD anymore, and someone wants to give you an ounce of silver for your bottle of Jack. Let's say you are presented with an ASE by one guy, and a 1oz silver bar that has pandas or dragons on it and you don't recognize the maker? Who would you give your bottle of jack to? You can "rack-and-stack" what you store or buy based off of little scenarios like that.

BUT, if you don't believe we are ever going to get to that point, and the USD and world economy is going to be just fine, then get your silver and gold the cheapest way you can.

EDIT: I am going to the tanner for the first time ever this weekend. Maybe I'll pick someone out. :-D