Mass inflation ahead - Save your Nickels!

[The Jersey DEvil]

Good informative info:

Save Your Nickels

 

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[PhattyB]

I've read the books "Survivors" and "Patriots" by that author. While I don't expect our government to fail, it's still nice to be prepared.

Saving nickels is definitely a worthy investment as they're already valued below melt. Canadian nickels are even better when they were .999 fine from 1955 to 1981.

 

[Generic_Lad]

I'm not sure if I agree with hoarding nickels at this time. If I had the cash to buy and hold investments I'm sure that I could find things with higher yields than the potential for nickels. Of course it is risk free and has good potential upside but I'm not going to buy $500+ in nickels and keep them stored. Perhaps when the nickel is debased I'll start keeping them but right now I think silver/gold are better at the moment.

Personally, I think that silver is vastly undervalued, especially in comparison to gold. Historically there has been very close to a 16 to 1 ratio of silver to gold. Today there is a ~51 to 1 ratio, it takes 51 ounces of silver to buy one ounce of gold.

 

[mills84]

Personally, I think that silver is vastly undervalued, especially in comparison to gold. Historically there has been very close to a 16 to 1 ratio of silver to gold. Today there is a ~51 to 1 ratio, it takes 51 ounces of silver to buy one ounce of gold.

Whether I believe so or not, it could just be that gold is currently overvalued.

 

[fistfulladirt]

I've read the books "Survivors" and "Patriots" by that author. While I don't expect our government to fail, it's still nice to be prepared.

Saving nickels is definitely a worthy investment as they're already valued below melt. Canadian nickels are even better when they were .999 fine from 1955 to 1981.

Our government has already failed. It's the economy that's tanking. You are right, it's good to be prepared.