What is the deal with gold?

[livnxxxl]

Awesome post Bat! You seem to be well aware of whats going on right now in America! Gold & Silver is a smart investment for sure, i wouldnt spend all your moola on it, but buy what you can afford. I personally feel having the physical silver & gold would be best. Guns & ammo rarely drop in price either!

True that! ^^^^^^^

This is just one more thing I like about the awesome Mego Museum. There is generally someone here with good knowledge that has the answer to most all of our various questions.

[livnxxxl]

Well thats easy to answer. There gonna be smashing each other over the head with gold bars and stealing each others goods LOL
Sammy

Good answer! I should have thought of that. A nice big heavy gold brick over the head vs. a tiny little paper cut makes a BIG difference. Maybe that explains it then.

[The Bat]

Survey says....ding ding ding #1 answer. Thanks so much for your input and knowledge on this subject.

Thank you Sir. I study history because the old adage is true..."history repeats itself".

[livnxxxl]

"history repeats itself".

You are absolutely right my friend. That it does.

[marbkwds]

I still think it's because Mr. T is making a come back ................ HeHe

[Adam West]

Everyone is hawking gold these days which usually means it's hitting its peak.

It isn't bad to have some hard currency (gold and silver) just to be safe. Silver is a fairly easy investment because many U.S. coins prior to 1964 have silver content in them.

There is a website Current Melt Value Of Coins - How Much Is Your Coin Worth? which will tell you the melt value of say a Morgan Silver Dollar at current spot prices. Many times, you can walk into a local Antique store and purchase common silver dollars for less than current spot rates.