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Old 02-06-2013, 11:12 AM   #1 (permalink)
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Why every American and Canadian should own Silver

SILVER 101/WHY EVERY AMERICAN SHOULD OWN SILVER | CoinWeek

Not perfect, but overall a great article on metals.
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Old 02-06-2013, 11:25 AM   #2 (permalink)
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Does it mention werewolves? If not, I'm not reading it.

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Old 02-06-2013, 11:30 AM   #3 (permalink)
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Ah damn. Thought there was a Werewolves outbreak.
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Old 02-06-2013, 11:56 AM   #4 (permalink)
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Does it mention werewolves? If not, I'm not reading it.

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Old 02-06-2013, 12:29 PM   #5 (permalink)
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What about us Canadians?

Truthfully, though, I plan on buying silver once I have the spare cash to do so. Ignoring the fact that the price of silver should slowly but consistently rise over the next few decades (especially due to the electronics sector's demand), having silver in hand is good for me for 2 reasons:
  • I am less likely to spend it if I don't have immediate access to it (I know of no major retailers that take silver)
  • In case of a crazy catastrophe, silver should hold it's value fairly well and be useful in situations of dire emergency

Also: It's shiny.
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Old 02-06-2013, 12:38 PM   #6 (permalink)
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Quote:
Originally Posted by Celebrity Ghost View Post
What about us Canadians?

Truthfully, though, I plan on buying silver once I have the spare cash to do so. Ignoring the fact that the price of silver should slowly but consistently rise over the next few decades (especially due to the electronics sector's demand), having silver in hand is good for me for 2 reasons:
  • I am less likely to spend it if I don't have immediate access to it (I know of no major retailers that take silver)
  • In case of a crazy catastrophe, silver should hold it's value fairly well and be useful in situations of dire emergency

Also: It's shiny.
There... Changed the title
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Old 02-06-2013, 12:57 PM   #7 (permalink)
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Still nothing about Werewolves though.

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Old 02-06-2013, 01:16 PM   #8 (permalink)
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I see the poing of the article, but I have a question. Who can you exchange your Grandpa's silver to and get that $30 that the guide says it is worth? Go to a coin collector and he is likely to give you a percentage of it's value. Does anyone here know what that percentage usually is, or what a decent percentage from a collector is? Or who gives the best percentage if not a collector?

I am honestly asking as I don't know. I know the theory of getting a percentage of the guide value from dealing with comics as a teen. The stores I worked at would usually offer 10% of book value as cash, or 15% trade. What kind of a percentage do you get for precious metals?
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Old 02-06-2013, 01:17 PM   #9 (permalink)
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Not bad. It could stand a discussion about the other effects of inflation, i.e., what if that FRN had been invested in stocks or even just savings. And of course today you can't trade $1 bills for $1 silver coins.
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Old 02-06-2013, 01:21 PM   #10 (permalink)
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Quote:
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Still nothing about Werewolves though.

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Here you go



Now your silver can be of monetary and weaponry use in case of any pending werewolf apocalypse.
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