Thank you for your kindness, but I'm not that smart, I just ran a trading desk in my youth in the 80's, and traded in the pit, watched, listened, learned. Gold is fine if you have a net worth of 10 million plus, but silver is much much better, because its TRADEABLE for everyday goods, if the paper fiat goes to heck.
Right now the COMEX trading board shows gold about 960, and silver at 13.65, these are not real world quotes, they're phony quotes as about 4 major banks have been massive short seller's on the futures exchange. Real world gold one ounce coins trade over a $1000, imo, gold is going to about 3,000 to 5,000 an ounce. Lets say you have to purchase something substanially less, so what do you do?, take a pair of plier and ruin a coin by cutting it into pieces? No.
If you notice in the Bible, the Word refers to a denarius, this was a roman coin containing a tenth of an ounce of silver, hence the word "dime". Until 1964, all American Half dollars, quarters, and dimes were made with 90% silver. After that, no more, expect for the Kennedy half which from 65 to 71 was made with 40% silver, and after that it was cupro-clad, as all our coinage is now. Do know what the metal value today of a Presidential dollar coin or a Sacagewa dollar coin is? three cents in metal value. The only current coin we have that will retain any metal value, tradeable is the lowly nickel which still contains 25% nickel and the rest copper, with a smidge of manganese. Start throwing these in a jar, as the Treasury has made noise about taking the nickel out, and maybe even the copper, like they did the penny in 1983. You can go to the bank, and say you have a "kids event", and they will probably just sell you a full box of rolled nickels, for the $100 face value.
back to silver, the quote on the COMEX futures exchange is $13.65 an ounce...again a phony quote, as these 4 major banks are shorting silver, as the real world price of Silver is between $18 to 25 an ounce. You remember when the pharisses gave Judas 30 "pieces" of silver? These possibly were 1 oz coins. Today, we have the American Silver Eagle, which is a 1 oz coin, and its sold either individually (ehh!) or in 20 coin rolls. (good) Now as I told you, the Treasury has suspended sales of both gold and silver American Eagles, whats that say to you?
on Ebay, with trusted sellers, you can purchase rolls of Silver Eagles for anywhere between 360 to 410, but buyer beware, u have to do due diligence on the seller, check his favorable rating, which has to be above 99% and multiple transactions, if you see this on roll descriptions "unsearched rolls"...stay away, its a lie. It is also prudent to buy pre-65 Halves, quarters and dime rolls,pre-65 Halves and quarter's will come in $10 face value rolls, and dimes in $5 face value rolls, Halves and quarter rolls contain a bit over 7 ounces of silver, and dime rolls a bit over 3 ounces.
It is my belief that silver will be going to $70 to $120 an ounce. When? God knows, I'm a terrible market timer, I just think of this as a de facto passbook savings account....and never put this cache into a banks safety deposit box. Remember in the 30's FDR made private gold ownership illegal. This might seem like just worldy palaber, but God gave us wisdom, time to use it, for His Glory.
here's a website that will help you ascertain the silver and gold value of coins, as well as the current value of the junk coins we pass around now.
[url=www.coinflation.com]Coinflation dot com[/url]
as far as Glenn beck, no offense, all he's doing imo, is sowing the fear, screaming about the "what the next terrorist attack will look like", or "how we'll be wheeling around wheelbarrows full of paper money for a loaf of bread", and offers NO solutions, no thoughtful discourse, because thats what his corporate media masters want, rachet up the fear, keep Americans in a state of witless terror, so that when something DOES happen, Americans will eagerily give up their freedoms to run into the arms of tyrants who will "protect" them. Godless hellions the lot of them I say.
In closing, this silver denarius I spoke,did you know that as Rome got more rotten and corrupt, they began to degrade this coinage to the point where there was no silver left in it. Just buy silver I say and stash it away.
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