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Ardent Listener
Administrator
USA
4841 Posts |
 Posted - 11/21/2009 : 20:01:59
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Think positive. |
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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 11/21/2009 : 20:11:50
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Interesting! I still like those .999 canadian nickels better |
Inquiring minds want to know |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 11/22/2009 : 18:35:10
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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 You must be logged in to see this link.
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“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 11/22/2009 : 20:26:15
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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 You must be logged in to see this link.
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
3788 Posts |
Posted - 11/23/2009 : 01:56:17
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| Sure from April 1, 1954 to February 30, 1946 |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 11/23/2009 : 11:16:13
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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.
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Buying:
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
1507 Posts |
Posted - 11/25/2009 : 06:45:06
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| 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. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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Case for hoarding nickels
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