Posted by Mike (WA) on February 25, 2014 at 09:05:40 from (69.10.199.171):
In Reply to: Buying Silver? posted by DaninKansas on February 25, 2014 at 08:09:20:
I buy through the local coin guy only, and have dealt with him for 30 years. Very reliable, and he walks with you to your car with the goods, with one hand in his jacket pocket, if you get my drift.
I look at silver as kind of an "Armageddon" play- if the economy goes to pieces, or inflation runs rampant, your silver coins will be worth some multiple of face value to buy stuff. That would be much more cumbersome with bullion.
Lots of pitches to put silver in your IRA or 401k- the only way to do that is to buy the silver and have the outfit store it, and supposedly you can get it anytime by sending in your certificate. No, thanks- If we have an economic collapse, the silver storage folks will be on their way to their secret underground bunker with your goods by the time you even hear about it, and you may as well wallpaper your bathroom with your "certificates".
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Today's Featured Article - Storing Your Tractor - by Staff. If your tractor is going to be stored for any length of time, a few precautionary measures are helpful in preserving various parts, also in avoiding future difficulty. Store tractor under cover. If impossible to place tractor under cover, be sure to cover air stack and exhaust pipe. Drain radiator and engine block. To avoid gum content collections, drain both fuel tanks and carburetor. Leave radiator and fuel caps slightly loose to protect gaskets. Block tractor up to remove weight from tires and to keep tires from contact with moist floor.
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