If the US dollar crashes is it smart to have junk pre 1964 silver dimes (90% sliver) worth $1 each currently?
November 4, 2010 by
Filed under Silver Investment FAQ
My basic concern is that if the dollar crashes and we go to a trading system temporarily, how would the lay person know the value of silver if technology shuts down do to the crash? Would it be a smart investment?
thanks for your help
First off this did not even happen in the great depression or any of the great panics in the 1800’s.
You are right that no one would know how much any of this stuff is worth. If we had a nuclear war or something and had to go back to a barter economy it would be the people that own food or generators or fuel or medicine that would be rich. I doubt silver or gold would be very useful.