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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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I have been touting Silver for the past several years. In paticular Morgan Silver USD's or other American pre 64 Silver Coins. Another avenue is to buy Sterling Silver Flatware sets etc ...yes REAL SPOONS and not the erstatz ones that I like to buy...you can use them and still have a hedge.
In the 18TH century English royalty melted down their Silver coins to make Silver flatware and Hollow ware (trays, teas sets etc) during the good times and during the hard they would melt it back to coinage.
Gold and Silver have had steep declines recently. One thinks that a bottom paticularily in Silvr is close? Of course I was buying silver when it was $8 to $12 an OZ...
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"Some Observer"
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