Junk Silver Is A Good Buy

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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

founder of Personal Liberty Digest™, is an ultra-conservative American author and editor of The Bob Livingston Letter™, in circulation since 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.