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  1. C

    When fiat is a store of value

    Yes, that's exactly what I meant. It would be a way to retain value, albeit not a practical one (imagine a basement full of pennies). I don't think hyperinflation is going to come in the short, or even medium term. But that $20T debt's interest alone is trouble. A lot of commodities rise in...
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    When fiat is a store of value

    Yep, I'm a noob. The online dealers seem to be charging more for silver junk than rounds, although they can be had for cheaper in some places. My local coin shop charges the equivalent of $1 over spot for junk. I haven't found any good deals locally (got scammed by a guy, he also sold his China...
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    When fiat is a store of value

    I was thinking about low denomination coins like pennies. Junk silver seems to carry a higher premium than .999 silver rounds
  4. C

    When fiat is a store of value

    If fiat is physically held in common coin, it retains value. This allows for both the value of a hard asset during hyperinflation while being able to be used under normal circumstances. It would be best to pick the best bang for the spot value-usually the lowest denomination coins. This avoids...
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    Missed the boat on 15 dollar silver

    Put options give the highest rate of return as a hedge, and then buying up undervalued equities, but not so easy to implement. Silver isn't that dry powder, cash is. Also, looking at other forums, it seems that from around 5-9am EST there's a consistent dip each day in gold and silver pricing.
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    Noob got some gold and silver from a garage sale-how did I do?

    Sorry, I meant I took it to a different guy the same day and he said it was fake. Most of the seller's stuff was fake, it should have been a redder flag than it was to me. At the end of the day, its no big deal; I expected some of it wouldn't be worth anything and so only bought a little.
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    Noob got some gold and silver from a garage sale-how did I do?

    I think I'll just buy em online, the cheapest I found is $0.69 over spot for .999 1oz's in the US. I only spent a small bit in the event they were fake from the sale, at least
  8. C

    Noob got some gold and silver from a garage sale-how did I do?

    Well, the kennedys would be great if they were real gold. The guy at the place used the scanner and said the stuff was fake but said the gold flakes may well be real. They're sealed in the glass bulbs so I need to open em somehow. Got a workshop where I work, luckily.
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    Noob got some gold and silver from a garage sale-how did I do?

    Ty. I do plan on getting a magnet and such to help verify. I'm almost certain the Kennedys are real. The main concern is about the Elizabeth gold coin. The guy had some other random coins, but most not worth it, and some old foreign stuff, mainly Russian. I should have took pics, the sale is for...
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    Noob got some gold and silver from a garage sale-how did I do?

    https://imgur.com/a/9nGq2 My first gold and silver deal at a local sale. Paid 180usd total. I only posted the stuff I was iffy about. I don't think the gold coin can be real, as I got it and the silver coin for 20. I did score 3 1/30oz kennedys for just $5 each though, which did make me wonder...
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