In a hypothetical situation in which you are walking down the street and you see 3 bags of money on the ground with time to grab only one. One with $10,000 in USD, One with $10,000 worth of Euros, and one with $10,000 in gold, Which one do you grab? 3 bags of money on…
This was a sign at an Ashland, Oregon station taken this month implying that if customers were to buy their gas with pre-1964 silver coins then they would only pay .20 of the face value of the coinage per gallon. These coins are now in demand because they have 90% pure silver content and are sometimes referred to as junk silver because they had no collector value at that time. Junk silver is becoming more and more difficult to come by.
Two Roosevelt dimes
Robert Kiyosaki explains the benefits of investing in gold and silver because
When it comes to precious metals investing, many investors wonder if they should buy gold, silver or both. The core component to wealth building strategies in precious metals investing should be in direct correlation to the needs of the investor however both gold and silver have their strong points. Experts have measured stock/flow ratio, store of value, demand from central banks, scarcity and gold/silver ratio. You can analyze those factors all day, but it all seems to come down to affordability and taste.
