RE: POCKET CHANGE IN ECONOMIC CRASH???? Your opinion please! Buy Precious Metals now or save the change???
To answer your questions... I think the face value will remain the same, even after the Paper and Fiat Dollars are turned in for one cent per one old dollar... In other words, 100 old paper or digital dollars at the Bank will have the buying power of one dollar face value in Coinage...
It won't be the Metal Value of the Coinage after the Crash, just like it's not the Paper Value of or Debt Notes now...
I think Coins will increase 100 Fold in Buying Power after the Crash of the Fiat Debt Notes...
As much as I like Gold and Silver, I think you should hold onto your Common Coinage because no one will be using Gold and Silver as a Medium of Exchange... They'll be cashing the PM's in for Common Coinage...
And just like you, I've been putting my coins in Coffee Containers...
Nice Post...
@pocketechange
Thanks for the kudos pocketchange! I'm really torn on this one, on one hand I see EXACTLY what you are saying! On the other, will I miss a MOON SHOT in silver appreciation? That's why I asked for everyones 2 cents. Thank you for replying! Kindly, Bob
Think of you being in on the ground floor of Pocket Change and how everyone will be kicking themselves for not being into Common Coinage... lol...