No Faith In Paper Money


Dear Bob,

I am a disabled veteran with no savings account. A poor person, mind you, without a financial education. I buy a measly 10 oz bar of silver monthly with my disability check because I have no faith in the government which is what backs the value of a paper dollar. Am I being foolish?

Jerry Diltz

Dear Jerry,

You are not being foolish at all. You are being prudent. You might also consider buying junk silver; pre-1964 silver coins. They are more valuable for their silver content than their face value. However, when the collapse occurs they may be more useful than silver bars because 1) they look like the coins people are used to seeing and may be more readily acceptable in exchange and 2) they provide the flexibility of different quantities of silver for smaller purchases.

Best Wishes,

Personal Liberty

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.

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