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 Case for hoarding nickels		  New Topic  Reply to Topic
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Ardent Listener
Administrator


USA
3906 Posts
Posted - 11/21/2009 :  20:01:59  Show Profile Send Ardent Listener a Private Message  Reply with Quote
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daviscfad
1000+ Penny Miser Member



USA
1519 Posts
Posted - 11/21/2009 :  20:11:50  Show Profile Send daviscfad a Private Message  Reply with Quote
Interesting! I still like those .999 canadian nickels better
Inquiring minds want to know
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jadedragon
Administrator



Canada
3485 Posts
Posted - 11/22/2009 :  18:35:10  Show Profile Send jadedragon a Private Message  Reply with Quote
I like those Canadian .888 nickels better too :) This video reminded me to do the hyperinflation article I was planning. Here it is - comments and feedback appreciated. How to Hedge Against Hyperinflation http://www.ehow.com/how_5677377_hedge-against-hyperinflation.html

The Jamaican Ski Team - an Innovative Solution. Earn to Social Bookmark-Very Easy to Use
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slickeast
1000+ Penny Miser Member



USA
2282 Posts
Posted - 11/22/2009 :  20:26:15  Show Profile Send slickeast a Private Message  Reply with Quote
quote:
Originally posted by jadedragon

I like those Canadian .888 nickels better too :) This video reminded me to do the hyperinflation article I was planning. Here it is - comments and feedback appreciated. How to Hedge Against Hyperinflation http://www.ehow.com/how_5677377_hedge-against-hyperinflation.html




WOW they made these too?
You don't have to be the BEST you just have to be.......SLICK
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jadedragon
Administrator



Canada
3485 Posts
Posted - 11/23/2009 :  01:56:17  Show Profile Send jadedragon a Private Message  Reply with Quote
Sure from April 1, 1954 to February 30, 1946
The Jamaican Ski Team - an Innovative Solution. Earn to Social Bookmark-Very Easy to Use
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Lemon Thrower
1000+ Penny Miser Member



USA
1220 Posts
Posted - 11/23/2009 :  11:16:13  Show Profile Send Lemon Thrower a Private Message  Reply with Quote
the case for hoarding nickels is that they are real metal, not fiat metal, and will rise with hyperinflation. also, you don't need to sort them.

there are various pundits who believe we will have a bank holiday in the u.s. i have no way to know how likely that is. however, have a few hundred bucks at home in cash to fill up your tank, etc. is prudent, and having it in small denoms that are inflation protected makes a lot of sense.
Buying:
90% at 10.5X
40% at 4X
.999 at .97X spot
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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JobIII
1000+ Penny Miser Member



USA
1036 Posts
Posted - 11/25/2009 :  06:45:06  Show Profile Send JobIII a Private Message  Reply with Quote
I think the only issue with hoarding something like US nickels right now is the issue of inflation. As long as the melt value stays around 100%, we'd be losing out to inflation each year we maintian a hoard. It would be just like stuffing paper money under a mattress, only taking up more space in your home.
Selling Copper cents. $1250fv available at 1.5xFV Shipped, OBO. Please pm me for requests.
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