Talks about how the cost of silver is arrived and the benefits of investing in silver. The site also gives a free download of an e-book that discusses the history and present day use of silver and gold around the world.
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Don’t Jump Off A Roof If We Have An Economic Meltdown You Need To Diversify Your Savings From the desk of Craig Stanford: Re. How to protect your wealth by diversifying your savings. Did you know that you could have lots of savings and still end up broke after an economic meltdown? […] The post Protect Your Savings first appeared on Cost of...
Don’t Jump Off A Roof
If We Have An
Economic Meltdown
You Need To Diversify Your Savings
From the desk of Craig Stanford:
Re. How to protect your wealth by diversifying your savings.
Did you know that you could have lots of savings and still end up broke after an
economic meltdown?
You Could Be Wiped Out
Here’s the problem you face: You’ve been wise enough to put part of every paycheck
into savings no matter how much you could use the money.
So far, so good, however, you’re savings are all paper assets like cash, stocks, bonds,
and an IRA or 401k. What do you think is going to happen to all that savings if we have
a depression or something else catastrophic?
Yes, I’m afraid you’re right. You’ll be wiped out.
We could easily end up with the financial disaster that we narrowly avoided in 2008.
This disaster would be world wide. Stock markets would fall, commodity markets
would fall.
Don’t Jump
You might be tempted to jump off a roof if we have an economic disaster, but it doesn’t
have to hit you so hard,
People would lose their jobs and would want their savings out of the banks.
Only the banks wouldn’t have that money because they loaned it out to third world
countries that will never be able to repay the loans.
In banks and brokerage houses around the world there would a bunch of silent “poofs”
and all the numbers that represent all our money in all the computers would suddenly
change to zero.
Remember what happened to Lehman Bros. in 2008? Washington Mutual and Bear
Stearns’ also went bust, but the government talked JP Morgan into buying them out.
I’m sure the government regulators breathed a sigh of relief about this because one of
their dirty little “secrets” that receives very little publicity is that the FDIC can bail out the
depositors of one or two large banks that fail, but any more than that and they’ll run out
of money.
If you lose your job too, then you’ll really be in trouble. You realize that
you’re not that well protected.
What Will You Do When Financial Disaster Strikes?
Say we have the economic disaster that a lot of pundits are predicting. One day you
could wake up and all of your hard earned savings have suddenly vanished. There’s a
real good chance that you’ll also lose your job.
Oh, by the way, you’re checking accounts will be worthless now too.
You’re first thought would be about food. The wife and kids are depending on you for
everything so you know they’re thinking about food too. You have no cash and no way
to get any so you come up with the idea of barter.
Barter
The concept of barter is nothing new. In fact, it was used thousands of years ago out of
necessity before coins were invented.
Unfortunately, a lot of other people have the same idea so that TV you have is no
longer worth $300 because a lot of of the other people in the neighborhood are also
trying to trade their TVs for food. That $300 TV might get only $30 worth of food.
Most likely, nobody will want your furniture, but people are interested in your tools
and your sporting equipment. Once again, you won’t get nearly what you think your
possessions are worth. If you trade away everything that people want, you may only get
a few days or weeks of food. If you don’t have a job yet, what then?
You Lose Your Savings And Your Job, Whats Next?
The most likely answer is that you will hit up all the food banks and ask for help. Only
they’ll all be overwhelmed after a financial catastrophe.
Your wife looks into your eyes and says, “what are we going to do”? The kids are crying
and saying, “we’re hungry, we’re hungry”.
The unthinkable becomes thinkable which means you finally consider
stealing food or stealing goods that you can trade for food because you realize that the
people you love are depending on you for their very lives so you can’t let them down.
Think that could never be you? Think again. A lot of the burglaries that happen are done
by drug addicts who just want to steal enough merchandise so they can buy their next
fix and avoid withdrawal.
I’m sure most of them never thought that they would steal, but if it comes down to surviving,
people will consider anything!
Avoid The Problem And Sleep At Night
Luckily for you, there’s now a solution. Let me introduce you Money Metals
Exchange. They can help you to protect your wealth and savings. They have a variety
of products including silver, gold, platinum, palladium, copper and rhodium.
If you.would like your purchases to be on auto-pilot they have a monthly savings plan
where your purchases are automatically added to your account each month.
In addition, they also have “junk silver” (pre-1965 silver US coins) which are an excellent
way to start collecting silver if you are on a budget and is good item to use to diversify
your silver holdings into because it is also legal tender.
Putting 10% of your savings into something may not sound like much. Especially
when you think about losing the other 90% due to a financial meltdown, but
consider this; If we have a bad enough financial meltdown that all your paper
assets are worth zero, the silver you hold may increase in value several times
over what you paid for it. Thereby restoring your savings!
Here are some of the advantages of holding silver and in particular why you should
consider buying it from Money Metals Exchange:
Holding Silver Will Protect Part Of Your Savings (This means that even in a financial meltdown you will still have savings to draw on. Silver has always stored value whereas fiat currency has no intrinsic value and can return to zero value at any time.)
Free Expert Advice And Education (You can call Money Metals Exchange anytime and talk to a professional advisor and ask any questions you have which means you’ll never have to wonder if you bought the right items. They have educational material they can send you that will help make you an expert.)
Silver Is Easy To Sell (Which means if you have a financial emergency, you can always get your money out. Money Metals Exchange even has a buyback policy where they will guarantee to pay at least spot if you bought the silver from them. Many dealers buy back for less than spot)
Legal Tender In One State With More Considering (Utah passed a law making gold and silver legal tender and several other states are considering similar legislation meaning there would be no barriers to you using silver to purchase items directly)
Unlike Other Assets. Silver Always Holds Value (Silver has been a store of value for 5,000 years. Every currency in the world is a fiat currency so eventually they will all return to a value of zero. Which means if you’re holding silver, you will always have some savings.)
Protect Your Savings From Inflation (As it takes more dollars to buy goods, your silver will also be worth more dollars. Which means your silver won’t lose buying power like your cash.)
Easy Way To Save With Monthly Accumulation Program (Money Metals Exchange will automatically complete a transaction for you each month so you won’t have to remember to make a purchase when you get your paycheck.)
Huge Selection Of Metals & Other Items (Money Metals Exchange has Gold, Silver, Platinum, Palladium, Rhodium, Copper, Junk Silver, Secure Storage, Survival Gear, Gifts, Pre-Made Portfolios, Monthly Saving Plans so you can do all your precious metals shopping in one place.)
Junk Silver Is Legal Tender (One of the products that Money Metals Exchange carries is junk silver (pre-’65 coins) The first few days of an economic collapse would be chaotic, but if you have legal tender you and your family will still eat because stores would still have to take legal tender)
Company Is BBB Certified A+ (So You Know Money Metals Exchange Is A Company You Can Trust)
In Business Since 2010 (Which Means They Never Would Have Been In Business This Long If They’re Customers Weren’t Satisfied)
Gold/Silver Ratio Is At An All Time High (Right Now The Ratio Is At About 114. This Means That It Takes 114 Ounces Of Silver To Buy One Ounce Of Gold. This Ratio Is Usually Around 15 so Silver Has A Lot Of Room To Go Up!)
Why Listen To Me?
You’re probably wondering why you should listen to anything I have to say. Good
question.
I do have a degree in Finance from Oregon State University. I think the reason
I was drawn to studying gold and silver is because physical gold and silver exist
completely outside the regular financial system that I studied.
In fact, we never even studied precious metals in any of my finance classes! I wish we had!
I have to admit that the idea of holding silver was not on my radar until just a few years
ago. You see, I was busy working 12 hours a day running my own business and
raising four kids when I was suddenly struck down by a stroke.
Fortunately, nothing’s paralyzed, but I’ve lost most of my balance and can no longer
walk, work or do the activities I used to do, like skiing and glider flying.
I have a lot of time on my hands to do research on the things I’m interested in like
precious metals.
Since I have the time to research, you don’t have to, in fact, you can benefit from my
research. I’ve been following precious metals for several years and have stepped up my
research ever since I first read that many financial analysts and economists think that we
are heading for sure for at least a recession and possibly a financial catastrophe like the
one we narrowly avoided in 2008.
To read the results of some my research you can download my free e-book about gold
and silver by filling out the form to the right and clicking “Download Now”.
With precious metals it’s important that you always read reviews before buying
from any particular dealer so I’ll share some reviews about Money Metals Exchange.
Reviews
The monthly accumulation program gives you the discipline necessary for good
management of your resources.
Stuart I.
___
I feel safe doing business with Money Metals Exchange. If I need to sell, I feel that I’ll
have a method to do so.
Page P.
___
I have made many referrals to Money Metals Exchange, and two of my referrals have
enrolled in the monthly accumulation program.
Michael F.
___
I consider Money Metals Exchange Monthly Accumulation Program to be the Best way
to buy Silver.
Tim P.
___
I especially like your buy-back program, you pay the spot price, where as some dealers
only pay half the coin’s worth.
Donny F.
___
Money Metals Exchange is the most professional, knowledgeable, quickest and easiest
means of purchasing silver that I have found.
David L.
___
My specialist could tell I was without experience in purchasing Precious Metals, after a
few minutes he made me feel like a pro!
Ronald W.
___
Only ONE Money Metals Exchange. Your pricing is up front, truth full and reasonable.
Cathy C.
___
Nice easy way to buy silver coins. Money Metals Exchange had the best price right up
to minute of the market price.
Tim M.
___
As a first time buyer, I appreciated the patience extended to me when making my first
purchase. You instilled me with confidence.
Beverly M..
___
Money Metals Exchange is FIRST CLASS ALL THE WAY!
Clarence C.
Rating Companies
Free Newsletter
Money Metals Exchange has a free newsletter that you can sign up for even if you
haven’t bought anything yet.
The newsletter will help teach you about silver investment and is used to announce
their “flash sales”. These are usually 48 hour sales where you can really save some
money if you act fast.
Shipping
Here are the main points of Money Metals Exchange shipping policy:
Free Shipping For Purchases Over $500. (Silver Is Heavy So On Large Orders This Will Save You A Lot Of Money)
Shipments Fully Insured By Lloyd’s of London (Which Means You Won’t Have To Worry About Whether Or Not Someone Will Steal Your Package)
Signature Required Upon Delivery (So You’ll Know Who Accepted The Package Or If You’re Not Home, It Won’t Be Left On Your Doorstep)
Orders Usually Sent Out Within Two Business Days Of Payment Clearing (They Don’t Play The Game Of Waiting For The Spot Price To Go Down Before Sending Your Goods.)
There Are No External Markings On The Package (Which Means Nobody Will Know That Silver Is Inside.)
The Tracking Number Will Be Provided (Which Means You Can Monitor Your Shipment’s Progress And Plan For It’s Arrival)
Guarantee
Money Metals Exchange guarantees your satisfaction with your shipment for up to three
days after it’s arrival. This should give you plenty of time to inspect your order.
Just call the customer service department at Money Metals Exchange with-in those
three days if you are dissatisfied for any reason and they’ll either take care of the
problem or make arrangements for you to return the merchandise.
Better To Buy Sooner Rather Than Later
The economy is a ticking time bomb. People disagree on how much time we have, but
one thing they don’t disagree on is that something will happen to the economy soon.
We’re already experiencing our longest period of financial expansion since WWII so all
the experts agree that at the very least we’re heading for a recession and because of all
the financial problems in the world most likely something even worse.
Right now, you have a chance to prepare. Protect your wealth and your family in case the
worst happens.
Once things start going bad you’ll probably have trouble buying any form of
silver because demand will be so high.
A few years ago I saw a video of a guy who said he decided to buy some silver
coins during the 2008 recession.
He couldn’t find any for sale, they were all gone. The smallest thing he could find was
a 10,000 ounce silver bar so that’s what he had to buy.
To get started buying silver or simply adding to your “stack” visit the Money Metals
Exchange website. Click Here
Warm Regards,
Craig
P.S. Sleep like a baby and be a hero to your family if we have an economic catastrophe.
Add silver to your savings and some junk silver to your silver holdings so that your
silver itself be well diversified. Here’s that link again:
Disclaimers: This page is posted purely for educational purposes. It should not be construed as investment advice. Be sure to talk to a licensed financial adviser and do your own due diligence before making any investment decisions.
I am an affiliate of Money Metals Exchange so if you purchase from them, I will receive compensation.
The post Protect Your Savings first appeared on Cost of Silver.Attn: Will Your Retirement Savings Still Be There When You Need Them? Warning! You Need To Protect Your Retirement Savings Diversify To Protect Your Savings From the desk of Craig Stanford: Re.How to protect your retirement by rolling over your IRA into a self-directed Precious Metals IRA. Did […] The post Precious Metals IRA first appeared on Cost of...
Attn: Will Your Retirement Savings Still Be There When You Need Them?
Warning! You Need To Protect
Your Retirement Savings
Diversify To Protect Your Savings
From the desk of Craig Stanford:
Re.How to protect your retirement by rolling over your IRA into a
self-directed Precious Metals IRA.
Did you know that you could have lots of retirement savings and still end up with
zilch after an economic meltdown?
Your Retirement Account Could Be Wiped Out
Here’s the problem you face: You’ve been wise enough to put part of every paycheck
into retirement savings no matter how much you could use the money.
So far, so good, however, you’re retirement savings are all paper assets like cash, ,
stocks. bonds, and an IRA or a 401k. You start to worry about what is going to happen
to all that savings if we have a depression or something else of the sort?
Yes, the impossible is possible. Your retirement savings could be gone and you’ll be
flipping burgers as long as you have the health.
You see, our leaders didn’t really fix anything in 2008. they just patched up the financial
system and postponed the day of reckoning for another time in the future.
The disaster they postponed will be world wide because it’s a global economy now.
Stock markets will fall, commodity markets will fall. People will lose their jobs and
will want their savings out of the banks.
Only the banks won’t have that money because they loaned it out to third world
countries and the loans will never be repaid!
If we have an economic catastrophe: banks and brokerage houses around the world
would experience silent “poofs” and all the numbers that represent our money in
all the computers would suddenly change to zero.
Remember what happened to Lehman Bros. in 2008? Washington Mutual and Bear
Stearns’ also went bust, but the government talked JP Morgan into buying them out.
I’m sure the government regulators breathed a sigh of relief about this because one of
their dirty little “secrets” that receives very little publicity is that the FDIC can bail out the
depositors of one or two large banks that fail, but any more than that and they’ll run out
of money.
If you lose your job too, then you’ll really be in trouble.
This could easily happen because the banks would be failing and consumers wouldn’t be
buying because of fear for the future.
Saving for retirement would be the last thing on your mind.
You Could Lose Everything In A Heartbeat
Say we have the economic disaster that a lot of pundits are predicting. One day you
could wake up and all of your hard earned retirement savings and regular savings
have suddenly vanished.
All the stock markets around the world are computerized so even if you’re watching
the news while everyone starts selling, you won’t have time to do anything about it.
You’re first thought would be about food. The wife and kids are depending on you
for everything so you know they’re thinking about food too. You have no cash and
no way to get any so you come up with the idea of robbing your retirement account.
But you still have your retirement savings Dad; Don’t You?
That’s what the kids will say because they don’t understand. You see, if you’re like most
people, your retirement savings are mostly in cash, stocks, treasury bonds and maybe
some municipal bonds.
During an economic collapse these types of savings would lose most, if not all, of their value.
During the recession of 2008-09 the stock market went way down. A lot of people saw
their retirement savings cut in half.
Pretty demoralizing!
Just think what would happen if we experienced a deep recession or even a depression.
All your regular savings accounts and all your retirement accounts could easily be worth zero.
What would you do then?
After You Lose Your Savings And Your Job, Whats Next?
The most likely answer is that you will hit up all the food banks and ask for help. Only
they’ll all be overwhelmed after a financial catastrophe.
Your wife looks into your eyes and says, “what are we going to do”? The kids are crying
and saying, “we’re hungry, we’re hungry”.
That’s when the kids ask the question I mentioned above, “You still have your retirement
savings Dad, don’t you”?
You can tell they don’t understand as you tell them it’s all gone.
The unthinkable becomes thinkable which means you finally consider stealing food or
stealing goods that you can trade for food because you realize that your loved ones are
depending on you for their very lives so you can’t let them down.
Think that could never be you? Think again. A lot of the burglaries that happen are done
by drug addicts who just want to steal enough merchandise so they can buy their next
fix and avoid withdrawal.
I’m sure most of them never thought that they would steal, but if it comes down to
surviving, people will consider anything!
Avoid The Problem And Sleep At Night
Luckily for you, there’s now a solution. Let me introduce you Money Metals
Exchange. They can help you to set up your self-directed precious metals IRA
and then fill it with IRS approved products including silver, gold, platinum
and palladium.
If you would like your purchases to be on auto-pilot they also have monthly savings
plans where your purchase is automatically billed to your account and your goods are
put into storage or your IRA each month without you having to place an order.
For those of you who are really serious about your retirement, Money Metals Exchange
can get the help for you to roll over your traditional IRA into a self-directed precious
metals IRA.
Self-Directed Precious Metals IRA
Money Metals Exchange works with a company called, “New Direction Trust
Company”. They act as your “custodian” (as per IRS rules) and help to to set up your
self-directed precious metals IRA. Then Money Metals Exchange can sell you the
metals that are approved by the IRS.
If you have another company that you would like to use as your “custodian”, Money
Metals Exchange would be happy to work with them.
Here are some more reasons to set up a precious metal IRA and why you should buy
your metals from Money Metals Exchange:
Tax Deferred (In a self-directed precious metal IRA you won’t have to immediately pay taxes on the money you use to buy your precious metals which means you don’t have to pay taxes on the money until after you retire and should be in a lower tax bracket. This allows you to buy more metal too. A self-directed IRA also allows you to invest in real estate and even some businesses.)
IRS Approved Metals In-Stock (Money Metals Exchange has IRS approved metals that you can have put directly into your account which means you won’t have to shop around.)
Free Expert Advice And Education (You can call Money Metals Exchange anytime and talk to a professional adviser and ask any questions you have which means you’ll never have to wonder if you bought the right items. They’ll even help as you fill out the IRA paperwork or can even help with an IRA rollover so you won’t have to fear the wrath of the IRS.)
Precious Metals Like Silver Tend To Have Price Fluctuations Opposite Of Stocks (If stocks go up, precious metals prices tend to go down, if stocks go down, precious metal prices usually go up which means you won’t have to spend so much time watching the market.)
Secure Storage (Metals in a self-directed IRA are required to be stored in an IRS approved storage facility. Money Metals Exchange and New Directions both have IRS approved facilities which means you don’t have to worry about your metals because they’ll be monitored 24/7 and fully insured.)
Segregated Storage (All storage accounts at Money Metals Exchange, both regular and IRA, are completely segregated for each customer. This means that your metals will not be commingled with another customer’s. In non-segregated storage it’s hard to figure out what belongs to who.)
Holding Silver Will Protect Part Of Your Retirement Savings (This means that even in a financial meltdown you will still have savings to draw on. Silver & gold have stored value for 5,000 years whereas paper assets have no intrinsic value and will eventually return to value of zero.)
Silver Is Easy To Sell (Especially if you buy IRS approved metals so if you have a financial emergency, you can always get your money out. Money Metals Exchange even has a buy back policy where they guarantee they will pay at least spot price. Many dealers buy back for less than spot price.)
Unlike Other Assets. Silver Always Holds Value (Silver has been a store of value for 5,000 years. Every currency in the world is a fiat currency so eventually they will all return to a value of zero)
Company Is Better Business Bureau Certified A+ (So You Know Money Metals Exchange Is A Company You Can Trust)
In Business Since 2010 (Which Means They Never Would Have Been In Business This Long If They’re Customers Weren’t Satisfied)
Why Listen To Me?
You’re probably wondering why you should listen to anything I have to say. Good
question.
I do have a degree in Finance from Oregon State University.
I think the reason I was drawn to studying gold and silver is because physical gold and
silver exist completely outside the regular financial system that I studied.
In fact, we never even studied precious metals in any of my finance classes! I wish we had!
I have to admit that the idea of holding silver or gold was not on my radar until just a
few years ago.
You see, I was a busy being working 12 hours a day running my own
business and raising four kids when I was suddenly struck down by a stroke.
Fortunately, nothing’s paralyzed, but I’ve lost most of my balance and can no longer
walk, work or do the activities I used to do, like skiing and glider flying.
I have a lot of time on my hands to do the research on the things I’m interested in like
precious metals.
Since I have the time to research, so you don’t have to. In fact, you can benefit from my
research.
I’ve been following precious metals for several years and have stepped up my
research ever since I first read that many financial analysts and economists think that we
are heading for sure for at least a recession and possibly a financial catastrophe like the
one we narrowly avoided in 2008.
To read the results of some my research you can download my free e-book about gold
and silver by filling out the form to the right and clicking “Download Now”.
I’ve read that with precious metals it’s important to always read reviews before dealing
with any particular dealer so I’ll share some reviews about Money Metals Exchange.
Reviews
The monthly accumulation program gives you the discipline necessary for good
management of your resources.
Stuart I.
___
I feel safe doing business with Money Metals Exchange. If I need to sell, I feel that I’ll
have a method to do so.
Page P.
___
I have made many referrals to Money Metals Exchange, and two of my referrals have
enrolled in the monthly accumulation program.
Michael F.
___
I consider Money Metals Exchange Monthly Accumulation Program to be the Best way
to buy Silver.
Tim P.
___
I especially like your buy-back program, you pay the spot price, where as some dealers
only pay half the coin’s worth.
Donny F
___
Money Metals Exchange is the most professional, knowledgeable, quickest and easiest
means of purchasing silver that I have found.
David L.
___
My specialist could tell I was without experience in purchasing Precious Metals, after a
few minutes he made me feel like a pro!
Ronald W.
___
Only ONE Money Metals Exchange. Your pricing is up front, truth full and reasonable.
Cathy C.
___
Nice easy way to buy silver coins. Money Metals Exchange had the best price right up
to minute of the market price.
Tim M.
___
As a first time buyer, I appreciated the patience extended to me when making my first
purchase. You instilled me with confidence.
Beverly M.
___
Money Metals Exchange is FIRST CLASS ALL THE WAY!
Clarence C.
Shipping
Here are the main points of Money Metals Exchange shipping policy if you
decide to keep some silver at home outside your IRA.
Free Shipping To And From Money Metals Storage Facility (This is particularly helpful to IRA holders since the IRS requires 3rd party storage)
Free Shipping For Purchases Over $500. (Silver Is Heavy So On Large Orders This Will Save You A Lot Of Money)
Shipments Fully Insured By Lloyd’s of London (Which Means You Won’t Have To Worry About Whether Or Not You’re Getting The Package)
Signature Required Upon Delivery (So You’ll Know Who Accepted The Package Or If You’re Not Home, It Won’t Be Left On Your Doorstep)
Orders Usually Sent Out Within Two Business Days Of Payment Clearing (They Don’t Play The Game Of Waiting For The Spot Price To Go Down Before Sending Your Goods)
There Are No External Markings On The Package (Which Means That Nobody Else Will Know There’s Silver Inside)
The Tracking Number Will Be Provided (Which Means You Can Monitor Your Shipment’s Progress And Plan For It’s Arrival)
All Orders Shipped Within 48 Hours Of Payment Clearing (Which means you’ll get your order quickly.) (Hint: Don’t use a check, they take 10 days to clear. Use a debit or credit card for fastest shipping.)
Of course there is no charges for shipping and handling for metals going to and from your IRA account.
Guarantee
Money Metals Exchange guarantees your satisfaction with your shipment for up to three
days after it’s arrival. This should give you plenty of time to inspect your order.
Just call the customer service department at Money Metals Exchange with-in those three
days if you are dissatisfied for any reason and they’ll either take care of the problem or
make arrangements for you to return the merchandise.
Free Education And Newsletter
You can call Money Metals Exchange anytime and talk to a specialist who will answer
all your questions. They also have printed material available so that you will have even a
better understanding of the world of precious metals.
In addition, they also have a digital newsletter that you can sign up for even if you don’t
buy anything. In it, they have articles about current events that may have repercussions
for the precious metals world.
They also notify you about what they call “flash sales”.These sales usually last about 48
hours and allow you to really save money. If you buy IRS approved metals during one of these
sales, you can easily ad that to your IRA account.
Warm Regards,
P.S. Sleep like a baby and and keep as much of your retirement savings as possible if
we have an economic catastrophe. Diversify your retirement savings by setting up a self-
directed precious metal IRA.
Here’s that link again:
The post Precious Metals IRA first appeared on Cost of Silver.Warning: Even If You Have Many Ounces Of Silver, You Still Might Starve You Need To Diversify Your Silver Holdings From the desk of Craig Stanford: Re. How to protect your wealth and make sure you can still buy food. Did you know that you could have lots of silver and still may […] The post Junk Silver first appeared on Cost of...
Warning: Even If You Have Many Ounces
Of Silver, You Still Might Starve
You Need To Diversify Your Silver Holdings
From the desk of Craig Stanford:
Re. How to protect your wealth and make sure you can still buy food.
Did you know that you could have lots of silver and still may not be able to buy small
items like food after an economic meltdown?
Here’s the problem you face: You’ve been wise enough to protect your wealth by diversifying into silver.
So far, so good, however, you’re silver holdings are in bullion and one ounce
silver coins so if an economic collapse occurs, your savings have been diversified
so you aren’t wiped out financially, but if you go into a store to buy a loaf of bread
or a gallon of milk, the silver you brought may be worth $100/oz or more so you
may be asked to take fiat currency as change.
Said currency is probably almost worthless if we’ve had an economic collapse so you
wouldn’t want to get stuck with it.
One alternative might be to purchase a bunch of items you don’t really need in order to
use up the silver you’ve brought, but that may be kind of a waste.
Another very real possibility is that during the first few days of an economic collapse
stores might not be willing to take silver coins that aren’t legal tender. Things might have
been different if you just had diversified into “junk silver”.
What Is Junk Silver?
Back in 1965, President Johnson said that silver had become too valuable so it was
being taken out of American coinage and being replaced with a sandwich of copper and
nickel.
The one exception to this was the Kennedy half-dollars which were made with 40%
silver between 1965 and 1970.
The pre-1965 coins and the aforementioned Kennedy coins are what’s called “junk
silver”. Another name that is used for them is “Constitutional Silver”.
Those pre-1965 coins disappeared quickly from circulation which is not uncommon
when money is devalued.
How Much Silver Does Junk Silver Have?
Junk silver contains .7150/oz of silver per each dollar of face value. Let’s look at an
example to see what this means.
A pre-1965 dime contains .0715 ounces of silver. At today’s (11-20-19) spot price
($17.22/oz) that dime contains $1.35 worth of silver.
Why You Could Starve
Let’s look at the above scenario and figure out how you may get there.
We could easily end up with the financial disaster that we narrowly avoided in 2008.
Only this disaster would be world wide. Stock markets would fall, commodity markets
would fall. People would lose their jobs and would want their savings out of the banks.
Only the banks that were still open wouldn’t have that money because they loaned it out
to third world countries and the loans will never be repaid.
In banks and brokerage houses around the world there would a bunch of silent “poofs”
and all the numbers that represent our money in all the computers would suddenly be zero.
Unlike most of your neighbors, you have been smart though, you have been putting 10%
of your savings into silver. Even though your other savings disappeared you still have
your silver.
Still, there are so many unanswered questions: like will anybody try to repossess your
house when the bank you have been making payments to has gone out of business?
You’ll deal with all the questions later. You’re hungry, the family’s hungry so the first
order of business is to load everyone in the car, grab some silver and go to the store.
On the way to the store you start worrying about how all the shelves may be empty like
they are when a storm is coming.
As you pull up you see that your fears were unfounded, there’s plenty of items on the
shelves. When you get inside, you find out why. The store is only taking cash.
Most people are trying to use their debit cards and credit cards, but the store won’t take
them because most of the banks are failing.
You figure, your smart, you’ve got silver, no problem.
There is a problem, silver has exploded in value. Last you heard it was over 100 dollars
per ounce and climbing. OK, you figure you’ll shop for several weeks worth of groceries
and get your silver’s worth.
You and your wife think about how good a cup of coffee would taste. The kids think
about their sugar coated cereal.
Let’s face it, you feel like you’d kill for a cup of coffee.
Then you find out you’ll have to suffer a little longer, how long nobody knows, the store
won’t take silver as payment.
The manager recognizes that your silver has value, but as far as he’s concerned
it’s not legal tender and he hasn’t received direction from his home office to
start taking silver or gold. He’s also uninformed about how to tell if a silver coin is fake
or even just silver plated. What’s even worse is that your coins are very bright and
obviously uncirculated so he has no way to tell if they are real.
The above scenario means that you could be sitting on a considerable pile of silver, but
if there was food on the store shelves, you still may not be able to buy any because
all your silver is non-legal tender.
Your family would be real disappointed in you. Can you just imagine the looks on their faces?
There would be the food on the shelves and there would be the silver coins in your pocket.
You saved some of your wealth, but your family would probably think, “what good was it to save some of your
wealth if we can’t eat”?
No matter how wise you were to buy silver in the first place, you and your family could
starve because you don’t have silver in any small amounts.
Since junk silver is impossible to find in circulation the question is, “where in the world
can I get some junk silver?
The Solution
Luckily for you, now there’s a solution. Let me introduce you to Money Metals
Exchange, which has a large selection of junk silver in stock and ready for delivery.
Advantages Of Money Metals Exchange
Let me sum up some of the advantages of junk silver and the advantages of dealing with
a company that has the reputation and experience of Money Metals Exchange:
Easy Way To Start Collecting Silver (You Can Start Small & Relatively Cheap)
Junk Silver Lets You Diversify Your Silver Holdings Into Smaller Amounts (You May Want To Buy Something That Only Requires A Small Amount Of Silver)
Junk Silver Is Legal Tender So Stores Would Have Take It
(The First Few Days Of An Economic Collapse Would Be Chaotic, But Stores Would Still Have To Take Legal Tender)
Junk Silver Gives Your Family A Better Chance To Buy Food (Food Items Will Most Likely Take Fractions Of An Ounce Of Silver. Be a hero to your family.))
Company Is BBB Certified A+ (So You Know Money Metals Exchange Is A Company You Can Trust)
In Business Since 2010 (Which Means They Never Would Have Been In Business This Long If They’re Customers Weren’t Satisfied)
Huge Selection Of Metals And Other Items (Gold, Silver, Platinum,
Palladium, Rhodium, Copper, (Coin And Bars For All Metals), Secure Storage, Survival Gear, Gifts, Pre-Portfolios, Monthly Savings Plans And Of Course A Large Selection Of Junk Silver Which Means You’ll Find What Want At Money Metals Exchange.)
Junk Silver Has Obviously Been In Circulation (This Is Important Because Most Pure Silver Coins That You Buy From A Dealer Are Bright & Shinny. A Cashier May Think You Have A Counterfeit Coin. On The Other Hand, If A Cashier Is Presented With A Worn Coin That’s Obviously Has Been In Circulation, Authenticity shouldn’t be a concern.)
Why Listen To Me?
You’re probably wondering why you should listen to anything I have to say. Good
question.
I do have a degree in Finance from Oregon State University. I think the reason
I was drawn to studying gold and silver is because physical gold and silver exist
completely outside the regular financial system that I studied.
In fact, we never even studied precious metals in any of my finance classes! I wish we had!
I have to admit that the idea of holding silver was not on my radar until just a few years
ago. You see, I was a busy working 12 hours a day running my own business and
raising four kids when I was suddenly struck down by a stroke.
Fortunately, nothing’s paralyzed, but I’ve lost most of my balance and can no longer
walk, work or do the activities I used to do, like skiing and glider flying.
I have a lot of time on my hands to do research on the things I’m interested in like
precious metals. Since I have the time to research, you don’t have to, in fact you can
benefit from my research.
I’ve been following precious metals for several years and have stepped up my
research ever since I first read that many financial analysts and economists think that we
are heading for sure for at least a recession and possibly a financial catastrophe like the
one we narrowly avoided in 2008.
To read the results of some my research you can download my free e-book about gold
and silver by filling out the form to the right and clicking “Download Now”.
I’ve read that with precious metals it’s important to always read reviews before buying
from any particular dealer so I’ll share some reviews about Money Metals Exchange.
Reviews
Silver Stacker’s Heaven
By T.P. On April 15, 2019
MMX has been my go to dealer for my Silver
stacking habit. I pretty much just buy
Mercury dimes in $100 face bags. I have
found that the mercs from MMX are less
worn in general than from other companies.
This a bonus, as the price from MMX is
always competitive, if not the best price of
all. I have been buying for 4 years now from
these guys and I know I don’t ever have to
look or buy elsewhere. They are a delight to
deal with when I talk to them personally and
I would highly recommend them as a top
notch and professional company. Sincerely,
Tom Polette
Great Company
By James G. September 23rd, 2018
Nothing but good things to say about Money Metals
Exchange. This was my second order with them and
they delivered quite promptly. They’ve become my go to
for buying large amounts of silver.
Easy Savings
July 5th, 2018
Customer for 6 years. My siblings and I were
born in this time span so I sort of sort thru these
coins for all our birth years and bag them up
for birthday or Christmas presents. Besides
their value, they are (to me) the most beautiful
coins and are a good value from MMX.
History In Your Hand
By Paul S. on April 29th 2018
Besides the beauty of the coin, the premium
is small for the history. Got 3 rolls which
included about 8 coins in the teens (these
are the only ones that are well worn). However,
all had legible dates. A few could have mint
marks made out. Overall, I plan on getting more
in the future.
Rating Companies
Junk Silver Allows You To Start Small
One of the nice things about junk silver is that it allows you to start stacking even if you
are on a tight budget or if you are already stacking silver, it’s easy to diversify your
stack with some junk silver.
An example is the price for a roll of pre-’65 dimes. The spot price for silver is $17.22 (as
of 11-20-19). A roll costs $67.25. A roll of dimes has a face value of $5.00. In other
words, 50 dimes.
That means that one dime would be worth about $1.35 in today’s dollars. Much better for
purchasing small items.
Shipping for one roll of dimes is $6.97.
I ordered a roll of dimes on 11-20-19 about 3:00 PM PST. I was notified that my roll
shipped later that same day (now that’s service) and they also emailed me the tracking
number.
My package arrived by USPS on 11-22-19. That was amazingly fast, but I do
have to admit that I only live one state away from Money Metals Exchange. They’re in
Idaho and I’m in Oregon so that probably had something to do with it.
Shipping
Here are the main points of Money Metals Exchange’s shipping policy:
Free Shipping For Purchases Over $500. (Silver Is Heavy So On Large Orders This Will Save You A Lot Of Money)
Shipments Fully Insured By Lloyd’s of London (Which Means You Won’t Have To Worry About Whether Or Not You’re Getting The Package)
Signature Required Upon Delivery (So You’ll Know Who Accepted The Package Or If You’re Not Home, It Won’t Be Left On Your Doorstep)
Orders Usually Sent Out Within Two Business Days Of Payment Clearing (They Don’t Play The Game Of Waiting For The Spot Price To Go Down Before Sending Your Goods)
There Are No External Markings On The Package (Which Means That Nobody Else Will Know There’s Silver Inside)
The Tracking Number Will Be Provided (Which Means You Can Monitor Your Shipment’s Progress And Plan For It’s Arrival)
Guarantee
Money Metals Exchange guarantees your satisfaction with your shipment for up to three
days after it’s arrival. This should give you plenty of time to inspect your order.
Just call the customer service department at Money Metals Exchange with-in those three
days if you are dissatisfied for any reason and they’ll either take care of the problem or
make arrangements for you to return the merchandise.
Better To Buy Sooner Rather Than Later
The economy is a ticking time bomb. People disagree on how much time we have, but
one thing they don’t disagree on is that something will happen to the economy soon.
We’re already experiencing our longest period of financial expansion since WWII so all
the experts agree that at the very least we’re heading for a recession and because of all
the financial problems in the world like extreme debt most likely something even worse.
Right now, you have a chance to prepare. Protect your wealth and your family in case
the worst happens.
Once things start going bad you’ll probably have trouble buying any form of
silver because demand will be so high.
A few years ago I saw a video of a guy who said he decided to buy some silver coins during the 2008 recession.
He couldn’t find any for sale, they were all gone. The smallest thing he could find was a 10,000 ounce silver bar so that’s what he had to buy.
To pickup some junk silver visit the Money Metals Exchange website. Click here.
P.S. Sleep like a baby and be a hero to your family if we have an economic catastrophe.
Add silver to your savings and some junk silver to your silver holdings so that your
silver itself be well diversified. Here’s that link again:
P.P.S. I ordered some junk silver on 3-24-20. It arrived at my house on 3-30-20. Not bad! Especially when most dealers were saying they were out of everything.
Disclaimers: This page is posted purely for educational and entertainment purposes. It should not be construed as investment advice. Be sure to talk to a licensed financial adviser before making any investment decisions.
I am an affiliate of Money Metals Exchange so if you purchase from them, I will receive compensation.
The post Junk Silver first appeared on Cost of Silver.The calculators work by automatically subtracting the weight of the non-precious metal content from the entered weight. To obtain the gross melt value, the remainder is converted to troy ounces and then multiplied by the spot price. The total melt value is a representation of the current value of raw metal without the inclusion of […] The post How Silver Calculators Work first appeared on Cost of...
The calculators work by automatically subtracting the weight of the non-precious metal content from the entered weight. To obtain the gross melt value, the remainder is converted to troy ounces and then multiplied by the spot price. The total melt value is a representation of the current value of raw metal without the inclusion of any money associated with a transaction. If you would like to calculate the value of your goods, you are required to enter a loss or profit percentage into the provided input box on the calculator, and the net loss or profit value will be displayed alongside the gross amount. Additionally, if you buy bullion or coins from a dealer, then you will be charged and pay a premium. Over the current spot price, the dealer tacks on a certain percentage. Sometimes the buyer may subtract a certain percentage from current melt value when you are selling a precious metal. Below is a guide on using different types of Silver coin calculators.
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How to use the Silver Coin Calculator
Bitcoin Calculator for Silver
The silver Bitcoin Melt Calculator is used to calculate the total bitcoin value of silver items, and it is measured depending on your unit weight choice. Additionally, Bitcoin value is calculated depending on the total amount of silver content without the inclusion of other metals such as alloyed silver. The Calculator will not be able to show any collectible value because it can only figure out the intrinsic metal value of your silver items. Unless a lower ratio is indicated, the silver to bitcoin conversion gives the bitcoin price of 100 percent pure silver. The current rates are frequently updated during trading hours. Disclaimer: I am an affiliate of Money Metals Exchange so if you purchase anything from them I will be compensated.
The post How Silver Calculators Work first appeared on Cost of Silver.Gold American Gold Eagle coins American Gold Buffalo coins Australian Gold Kangaroo/Nugget coins Austrian Gold Philharmonic coins Canadian Gold Maple Leaf coins Credit Suisse Gold Bar Johnson Matthey Gold Bar Valcambi Gold CombiBar Silver American Silver Eagle coins Austrailian Kookaburra Silver coins Austrian Philharmonic Silver coins Canadian Silver Maple Leaf coins Mexican Silver Libertad […] The post Approved Coins and Bullion first appeared on Cost of...
Gold
American Gold Eagle coins
American Gold Buffalo coins
Australian Gold Kangaroo/Nugget coins
Austrian Gold Philharmonic coins
Canadian Gold Maple Leaf coins
Credit Suisse Gold Bar
Johnson Matthey Gold Bar
Valcambi Gold CombiBar
Silver
American Silver Eagle coins
Austrailian Kookaburra Silver coins
Austrian Philharmonic Silver coins
Canadian Silver Maple Leaf coins
Mexican Silver Libertad coins
Johnson Matthey Silver Bar
Royal Canadian Mint Silver Bar
Platinum
American Eagle Platinum Bullion coins
Australia Koala Platinum coins
Canadian Maple Leaf Platinum coins
Isle of Man Noble coins
Palladium
Canadian Palladium Maple Leaf coins
Russian Ballerina Palladium coins
Baird Palladium Bars
Credit Suisse Palladium Bars
The post Approved Coins and Bullion first appeared on Cost of Silver.This website should not be construed as giving investment advice. I’m definitely not qualified for that. You still need to talk to a professional investment adviser and find out the right options for you.This website was set up for educational purposes because I believe that education is power. Without it, your making decisions in a […] The post Disclaimer first appeared on Cost of...
This website should not be construed as giving investment advice. I’m definitely not qualified for that. You still need to talk to a professional investment adviser and find out the right options for you.This website was set up for educational purposes because I believe that education is power. Without it, your making decisions in a vacuum.
The post Disclaimer first appeared on Cost of Silver.
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