Posts Tagged “smart”

Question by dart6500: If the US dollar crashes is it smart to have junk pre 1964 silver dimes (90% sliver) worth each currently?
My basic concern is that if the dollar crashes and we go to a trading system temporarily, how would the lay person know the value of silver if technology shuts down do to the crash? Would it be a smart investment?
thanks for your help

Best answer:

Answer by glenn
First off this did not even happen in the great depression or any of the great panics in the 1800's.

You are right that no one would know how much any of this stuff is worth. If we had a nuclear war or something and had to go back to a barter economy it would be the people that own food or generators or fuel or medicine that would be rich. I doubt silver or gold would be very useful.

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Originally posted 2010-07-05 08:19:43. Republished by Blog Post Promoter

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