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The Water Cooler
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Can we discuss buying Silver
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<blockquote data-quote="ratski" data-source="post: 3147770" data-attributes="member: 936"><p>Well, here are my thoughts on it.</p><p></p><p>First, I collect coins, so some of my purchase of silver is in coinage. Folks want to sell 'em at melt, I'm usually interested in what they have. I really enjoy silver dollars. Something about those cartwheels that just feel good in your hand.</p><p></p><p>I'll buy some Silver Eagles, or bars on occasion.</p><p>I've even grabbed one or two ozs of gold in the past.</p><p></p><p>Am I stocking up for a SHTF scenario? No. I've been thru one of two small versions of those. Hurricaines, Ice Storms, Blizzards. Cash was king. No credit cards (power outages), No ATMs, No checks (couldn't get verifications) but cash was taken. I doubt any of the "deals" I cut during those times would have been carried out using bullion in any form. Maybe. But I doubt it.</p><p></p><p>Besides the fact that I LIKE the feel of the metals and I LIKE the coins, I LIKE the idea of owning some solid assets.</p><p></p><p>Is it real liquid? Probably not.</p><p></p><p>I always thought that guns, ammo and mags were relatively liquid also but have come to find out that they are not.</p><p></p><p>In times of scarcity, yes. In times of plenty, No.</p><p></p><p>Figure it is the same with silver and gold (hmmm, sounds like a song).</p><p></p><p>Maybe I just figure I'm leaving something that is harder to trace to my kids and grandkids.</p><p></p><p>Dave</p><p>No wait, I mean Fred. Yeah, that's the ticket. That's the name I'll claim for this.</p></blockquote><p></p>
[QUOTE="ratski, post: 3147770, member: 936"] Well, here are my thoughts on it. First, I collect coins, so some of my purchase of silver is in coinage. Folks want to sell 'em at melt, I'm usually interested in what they have. I really enjoy silver dollars. Something about those cartwheels that just feel good in your hand. I'll buy some Silver Eagles, or bars on occasion. I've even grabbed one or two ozs of gold in the past. Am I stocking up for a SHTF scenario? No. I've been thru one of two small versions of those. Hurricaines, Ice Storms, Blizzards. Cash was king. No credit cards (power outages), No ATMs, No checks (couldn't get verifications) but cash was taken. I doubt any of the "deals" I cut during those times would have been carried out using bullion in any form. Maybe. But I doubt it. Besides the fact that I LIKE the feel of the metals and I LIKE the coins, I LIKE the idea of owning some solid assets. Is it real liquid? Probably not. I always thought that guns, ammo and mags were relatively liquid also but have come to find out that they are not. In times of scarcity, yes. In times of plenty, No. Figure it is the same with silver and gold (hmmm, sounds like a song). Maybe I just figure I'm leaving something that is harder to trace to my kids and grandkids. Dave No wait, I mean Fred. Yeah, that's the ticket. That's the name I'll claim for this. [/QUOTE]
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