Sunday, June 13, 2010

Silver After the Apocalypse

So, the Apocalypse is finally over and things have settled down. The last of the brain-eating zombie packs have been put down, and local law enforcement has been restored. Now what do you use for trading? Chickens, unschucked corn, bales of hay? No, those commodities are bulky, a royal pain. and just not practical. Instead, let's try silver and gold.

Silver & gold have been a medium of currency used in trading societies for 6000 years. The types you're most likely to see coin-wise are the following: Pre-1965 US dimes, quarters, halves, and dollars, American Silver Eagles, and weird, alien items called silver rounds.

Most Americans are blissfully unaware about the state of decay of their once great coinage. After a return to a more primitive trading state, you're going to have to educate your new trading partners. If you follow my primer it will be easy. Just say, "look, Sparky. All US dimes, quarters, halves, and dollars minted before 1965 are 90% silver. Anything else is crap (yes, I'm aware of the Kennedy clads and war nickels...and I hold to my statement). American Silver Eagles (ASE's) have Lady Liberty on front, and the Seal of the USA on the reverse. More importantly, they say on the back 1 oz Fine Silver - One Dollar. They were certified and minted by the US government and are and will in the future be reliable trade coins.

Silver rounds I saved for last. To be fair they contain one troy ounce of silver as well as the ASE's. However, my problem is that they are minted from a wide variety of private companies you're ernstwhile trading buddy has probably never heard of, and there are literally hundreds of versions of these things. Heck, I saw one with freaking Santa Claus on it! Are they serious? How in the heck are you going to convince some poor, uneducated slob that he should substitute "In God We Trust" with jolly old Saint Nick?!

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies, APMEX Gold and Silver and Silver American Eagles.


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