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<blockquote data-quote="Bravo1413" data-source="post: 4315672" data-attributes="member: 51493"><p>As stated, in a SHTF senario silver coins will be used. Folks who prepare for that senario understand this and have or will purchase 90% old silver coins. By the way, these are also gaining in value as no more are made and the folks who purchase them are holding them. Some stores in some states do accept silver and gold for purchases. Some states have declared gold and silver as money and accept it for taxes. I don’t pay attention to what years metals go up or down, but about 10 years or so ago gold and silver ware going crazy and every pawn shop and coin stores had silver and gold content and weighing machines as folks were bringing in jewelry and silverware to sell for scrap. The machines do exist, but are really not used at this time because there is’nt any real metals rush right now. Wait, it’s coming. You don’t use them to buy bread now because the dollar is still king. But for how long? Yes there is some spread in buying and selling, but for the normal buyer, they are holders not traders. Only the people with the big, big bucks trade in metals. They leverage hundreds of thousands of oz’s. So when it goes up $30 or $40 they sell and can make money. Selling metals a little below market to realize a profit is the same as paying a fee to sell stocks. Just my opinion.</p></blockquote><p></p>
[QUOTE="Bravo1413, post: 4315672, member: 51493"] As stated, in a SHTF senario silver coins will be used. Folks who prepare for that senario understand this and have or will purchase 90% old silver coins. By the way, these are also gaining in value as no more are made and the folks who purchase them are holding them. Some stores in some states do accept silver and gold for purchases. Some states have declared gold and silver as money and accept it for taxes. I don’t pay attention to what years metals go up or down, but about 10 years or so ago gold and silver ware going crazy and every pawn shop and coin stores had silver and gold content and weighing machines as folks were bringing in jewelry and silverware to sell for scrap. The machines do exist, but are really not used at this time because there is’nt any real metals rush right now. Wait, it’s coming. You don’t use them to buy bread now because the dollar is still king. But for how long? Yes there is some spread in buying and selling, but for the normal buyer, they are holders not traders. Only the people with the big, big bucks trade in metals. They leverage hundreds of thousands of oz’s. So when it goes up $30 or $40 they sell and can make money. Selling metals a little below market to realize a profit is the same as paying a fee to sell stocks. Just my opinion. [/QUOTE]
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