Black Money Business Jobs : Precious metals i.e. gold and silver coin

Discussion in 'Black Money Business Jobs' started by Shikamaru, Jun 14, 2011.

  1. Shikamaru

    Shikamaru Well-Known Member MEMBER

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    What thoughts does the family have on gold and silver coin?
     
  2. jamesfrmphilly

    jamesfrmphilly going above and beyond PREMIUM MEMBER

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    if i get the big money i will buy metals......
     
  3. Shikamaru

    Shikamaru Well-Known Member MEMBER

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    You may want to reconsider that position given the rapid decrease in purchasing power of the current "coin of the realm" .....

    You can start purchasing metals now, big money or not. Start with silver. Gold is oversold, in my opinion.

    Even starting with copper pennies wouldn't hurt. The vast majority of pennies in circulation are composed of zinc with copper plating. Those pennies prior to 1982-83 are composed of copper.

    The melt down value of that old copper penny is probably more than the stamped or nominal value of the coin.
     
  4. Shikamaru

    Shikamaru Well-Known Member MEMBER

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    I'm more partial at this time towards silver over gold.
    Silver is a great way to get into specie.

    Paper (fiat) currency is losing purchasing power, but I think you can see this in the rising prices of goods and services.
     
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