Precious metals are needed in every storage program. They will hold their value no matter what the political situation
is. In many countries when the political crises is over the currency is often worthless.
This may happen to American currency.
How can poor people afford to include gold, platinum, palladium, and silver in their storage program?
Poor people can not afford to include gold, platinum and other precious metals in their storage program, but they can afford
to include silver.
Coin dealers sell silver bullion coins also known as junk silver coins. They are silver coins that have no collectors
value but are made of 90% silver and minted before 1965. You can buy individual dimes, quarters, halves and dollars
and keep them in a safe place.
When you are buying rolls of silver bullion coins inspect them. None should have the familiar copper on the edge
as modern coins have. The dates on the coins should be before 1965.
Avoid buying silver coins that are minted by foreign countries or private mints. In an emergency people with whom
you are trading with may not recognize the silver value of foreign coins or private mints. They will recognize American
dimes from the US mint.
Buy several rolls of dimes before you buy silver quarters , halves or dollars. Dimes will be easier to trade with
than larger coins.
The advantages to having rolls of silver dimes in your storage program are:
1. Coins are nearly industructable. They can survive almost anything, including most fires.
2. Silver coins can be bought individually or in rolls. It is cheaper to buy rolls than individual coins.
3. Silver coins can never go below their face value. Silver can drop to zero but your dime will still be
worth a dime.
4. A farmer will accept silver coins over paper currency as he knows that when the emergency is over American
currency may be worthless but silver will retain its value.
5. Silver coins that have numismatic (collector) value may be counterfited but junk silver dimes are so low in
value they are not normally subjected to counterfiting. The cost of counterfiting silver dimes would be so staggering
that it would not be profitable to counterfit them.
How do you pay for the silver coins if you are poor. You can pay for the silver coins by saving your spare change
in a jar. When one jar is filled seal it and start another jar.
When you have at least two jars full of change roll the coins and find out how much money you have. Use this money
to buy the silver coins.
Silver coins may be stored in glass or plastic jars burried on your property or in a nearby park. Parks are seldom