Quote:
Originally Posted by magnetaress
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Best way to consolidate wealth prior to communism. Or rampant inflation?
Let's say u want to be cool during the apocalypse butt u aren't a prepper, not going to be dodging IR drones behind rain sodden cardboard. Ur going to get a leg up in the new rat race after taking the mark of the beast.
How to go about this?
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Probably Canadian silver coins IMO.
They're like 20-30% cheaper than the Silver Eagle coins.
And since they're made by the goverment, if you had one to give to someone to let them slip you under the compartment of their truck, they would feel more confident it's a legit silver/currency.
So it gives it a bit more of a "cash in hand" value than just a lump of silver, just because of its recognizability.
It's also not a major loss for just standard savings/long term investing, because you're not paying more than you would if you paid for the silver on an exchange.
I also think gold in small bits is good for cash on hand, but not as reliable as a maple leaf or bald eagle is.
Even after the collapse. Peace of mind is more valuable than anything then.