IS buying and holding Silver Morgans and silver billion a good idea for when the USD finally becomes worthless?

I sold a significant portion of my silver when it was $38.50. I kept my Morgans though. If the dollar collapses, the price of silver will also collapse.

The reasons for this are macroeconomic, and I don't really have a lot of time to go into that, but just because a metal is relatively rare, doesn't mean it's useful. If the dollar collapses, no one will care if it is a Morgan, or if it is bullion. Coin collecting is a uniquely American past time (often a form of nostalgia), if the US goes under, no one is going to have the money, or desire to spend lots of money on a coin that represents a time they never even lived in.

Diversification is always a good idea. Are you betting on the colapse of the dollar? So Is George Sorros.

Would you like to be thought of in the same light? How about we do what we need to do to make him LOOSE a few Billion for a change? Like elect leaders who believe in our system, and American exceptionalism, insted of ones who go on appology tours.

NO. And no amount of trying to destroy our nation by Republicans will make it so. But good luck.By the way - did you know that the STOCK MARKET ... ALWAYS does better with a Democrat in office?

It's true. Hold on - I'll go get that link for you.. Got it. Here you go.

usatoday.com/money/perfi/colu… As you can see, the stock market is much more robust with a Democrat as president. Now - please note - this chart DOES NOT INCLUDE George W. Bush's second term ..... Which ... as we all know .... (except maybe for Righties) .... left our nation in shambles - and the stock market hurtling to unprecedented lows.

And that is exactly what Republicans are .... unprecedented lows. ..

Does the news not reach that far back. Bush lost 47cts on the $US, Obama gained 18cts back so far. Ending the Iraqi war will add more, and gas going down 80cts/gal will add a little more.

This info is really not hard to find.

I buy and sell both silver and gold. I've make great profits on the gold, but have lost on the silver. If you have the money to invest, don't waste it on silver.

Buy gold.

Yes, most investment advisors say that people should diversify and hold up to 10% of assets in precious metals.

Yes, but hide the gold from the US government. They have stolen the stuff before.

Depends on when you bought them Prices for gold and silver will tumble next year.

Never buy precious metals from a TV ad. You will get screwed.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.