Silver is about 14 times face value of junk coins right now. So you wouldn't take "a sliver of silver" to the supermarket, but if the dollar crashes, you'll be able to use junk silver coins at their multiple of face value at the time (and they'll skyrocket), to keep purchasing power.
Silver is around $20/oz. right now, and cost of production is about 18. If you follow silver prices, they haven't gone below 18 for years. Cost of production is a floor, IMHO, because if value becomes less, mines simply stop producing until price goes up enough for them to make a profit. And unlike gold, there are a number of critical industrial uses of silver, so there is a steady pressure on supply.
I agree with the others that its more insurance against the declining dollar than an "investment", as such. I'm 65, and don't have time to wait for stocks to recover if we get another crash, or bubble bursting, so I'm looking at preserving capital, not making a lot of investment income. If you don't have enough by the time you're my age, the risk of losing what you do have outweighs the possibility of hitting it big in stocks.
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Today's Featured Article - Tractor Profile: Oliver 70 Row Crop - by Staff. The Oliver 70 was part of the "Fleetline Series" and was manufacturered from 1937 to 1948. The row-crop configuration could have either dual or single front wheels. The Oliver 70 was also offered in the standard, orchard and industrial configurations. The tractors were sold in Canada. An early advertisement states "Power when you want it - power when you need it - power to help put in crops when field conditions are right and time and help are limited. That's the power you'll find in an Oliv
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