Thread: Gold Investing
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Old 09-16-2007, 04:19 PM
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ILG ILG is offline
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Quote:
Originally Posted by Digging4Truth View Post
Gold have I none... Silver I have.

I used to buy silver coins when I found an opportunity.

It is said that in times of severe depression that a silver dollar can possibly feed a family for a week because silver holds its value when fiat money fails.

It is also suggested to buy in American coins because the quality & weight are trusted and the coins are easier to sell. Buying gold or silver is not just about their current worth but also their ease of disposal should one find a time they want to sell them.

Of course this has already been covered very well before.

Be sure and buy coins from 1964 or before.

Also... don't buy the coins that are in excellent condition... part of their worth is their condition. Only the worth of the silver will be hold out if things take a down turn.
I suspect silver has never been confiscated like gold either, huh?

Why only buy 1964 and before?
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