Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Junk Silver Is A Good Buy

July 23, 2012 by  

Dear Bob,

You constantly preach that we should buy gold. I’m on a fixed income and could not possibly buy even an ounce.

A: I realize that gold is expensive for many people. You should consider buying some silver. I actually think silver is poised to provide a better return in the short term. It will also be easier to use as a medium of exchange if/when the economy collapses. You can go to a local coin dealer and buy a few junk silver coins at a time. Pre-1964 dimes, quarters, half-dollars and dollars comprise junk silver. It costs more than its face value because of its silver content. For example, you can expect to pay the current per-ounce value of silver (or maybe with a slight markup, depending on the dealer) for a silver dollar (about $27). The half-dollar would be about $13, the quarter about $6.75, the dime about $2.70. I envision people buying bread for a silver dime when our fiat currency collapses and becomes worthless.

Best wishes,

Bob

Bob Livingston

is an ultra-conservative American and author of The Bob Livingston Letter™, founded in 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

Facebook Conversations

Join the Discussion:
View Comments to “Junk Silver Is A Good Buy”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

  • Shorty

    Your prices seem a bit high, especially for the half dollar, quarter, and dime. For some odd reason the dollar does exhibit a premium, and you’re pretty close on that one. But those others I can buy for way less than you state. It’s more on the order of $11.00 for the half, $5.50 for the quarter, and $2.20 for the dime. Now this is having to closely watch auctions on eBay, eBid, WebStore, etc. And it takes the shipping charges into account also. I watch http://www.coinflation.com/silver_coin_values.html to help decide how much to bid.

    • http://boblivingstonpl.wordpress.com Bob Livingston

      Dear Shorty,

      You are correct. The price on the half dollar was a typo. It has been corrected.

      Thanks.
      Bob

  • johh j

    What no one is telling you is .just like in the depression ,when this economy collapses the government will seize your gold to pay off their rich cronies ,just like the bible predicts in the last days ,have you ever read about the events about the happings in the last days in the bible, it’s all there all you have to do is read it from the EU to ISRAEL to the COLLAPSE of the WORLD ECOMOMY

    • Shootin’ Bum

      They can only seize your gold if you cooperate! Ditto on guns and ammo.

      • MichaelSee

        They can seize your gold if you put it in a safety deposit box. Not turning in your guns and burrying them amounts to the same thing – you are disarmed (and with the possibility of having your catche discoverd and being sent to jail/re-education center).

  • Incredulous1

    Guns and ammo will also be excellent barter items. Even if you don’t feel comfortable with guns, buy .22LR ammo. You can usually find 500 rounds for less than $20.

    • Shootin’ Bum

      Using guns and ammo as barter tems might not be a very good idea. You may just be arming a potential enemy. Firearms will generally be “big ticket”, high-demand items. How many cans of beans would you have to be offered to give up a rifle or pistol?
      Ammo does have the handy property of being able to be split up. That’s helpful in making “change” on a barter deal.
      Firearms are often a good financial investment. They seldom lose value, and in my opinion, are a lot more fun than collecting stamps!

    • MichaelSee

      Don’t stock-up on any barter item if it’s not something that you wouldn’t use up yourself. I would buy a lot of toilet paper, but not feminine products (being male). To do otherwise is betting on the apocalypse as being inevitable. Long-time storage food products can still be eaten even if there isn’t a zombie invasion or mayan rapture or whatever is the next Y2K panic. Buy stuff that is cheap now but you won’t want to do without after an emergency (like aluminum foil or kitchen matches).

  • Gangbuster 2012

    Junk Silver(Old coins)is indeed Better!!Good luck to all!!!!

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.