For all of the "good news" we're hearing, it still seems like there is plenty of the bad.

http://www.desnews.com/biz/y40l64ma.htm

For Blondie Marie and any other new readers (welcome), I recommend that you scan down below the current questions and read the threads from the past. You'll find a lot of great information in them.

-- Gayla Dunbar (privacy@please.com), September 12, 1998

Answers

Thanks, Gayla and to everyone else on the forum for their help and encouragement, not to mention all the information that I have absorbed. I posted a thread under "How much is enough" letting you all know how much better I am doing, and expressed my gratitude. I guess I did the "panic now, avoid the rush" approach. This forum is great and includes so much information, opinions, experience and of course, humor, which is often good. :) I want to get some of the junk silver that was mentioned earlier. Where should I go for it? Coin shops, pawn shops, or find a coin show? How can I trust the person selling me the stuff? It has been a very long time since I bought any silver...like just before the Hunt brothers scenario. I, too, like the Midnight Gardening" and it is probably a lot easier for those who live out in the country but I live in town and not sure if my very-close-to-us neighbors just might look out their window and see me!!! I, also was going to get some $20's but didn't know they were printing new ones. Maybe I should wait. Thanks, guys....Blondie

-- Blondie Marie (Blondie@future.net), September 12, 1998.

Blondie

IMHO, forget 'junk silver' and get you some 1 oz USofA Silver Eagles, if you plan on buying silver as insurance.

Junk silver sells at a 'premium' (more money) over the actual silver and face value contained in the coins. It is also not well understood by the common man as to its value, insofar as what the actual silver content is.

USofA Silver Eagles, on the other hand, denote right on the coin the amount of silver contained in said coin, and although they also sell at a 'premium' over the market bullion price, having 1 oz silver stamped on the coin eliminates debate among the un-anointed as to what they are really considering in trade for that can of beans. (worst case scenario, of course)

-- Uncle deedah (oncebitten@twiceshy.com), September 12, 1998.

Blondie, if you try your hand at "midnight gardening", a lovely plant on top would make your neighbors think that is all you were doing. It also helps to locate things later. I just had a funny thought, though: looters hear about "midnight gardening" and go around pulling up everyone's plants. :-) Fortunately, that would take forever so I don't think it's a problem.

-- Gayla Dunbar (privacy@please.com), September 12, 1998.

Good idea, Gayla. Remember when everyone first started hiding their loot in the freezer? Good idea, too. Too bad everyone caught on to that one, though. And then I thought too, bad idea with food shortages coming up. A thief might raid your freezer and get a surprise bonus! Blondie :)

-- Blondie Marie (Blondie@future.net), September 12, 1998.

Uncle Deedah-- I have an American Silver Eagle in front of me, and it does say "1 OZ. FINE SILVER" on it... but the whole line reads, "1 OZ. FINE SILVER - ONE DOLLAR", so you're right back to the same problem of the uninformed trader asking "how much did you say this coin is worth?"

So I bought silver rounds which say "ONE TROY OUNCE .999 SILVER" and saved $2 on each ounce-- which is a large percentage. (rounds are available here for only 20 cents per oz. premium)

You pays yer money and you takes yer chances.

-- Max Dixon (Max.Dixon@gte.net), September 13, 1998.

Ed McMahon: "You are correct sir!"

Thanks for reminding me, though I had to do some digging to verify (closet digging, not other)

Also my gold USofA Eagles say "50 dollars". Junk silver makes no similar claim as it is merely old coinage. There is no perfect answer, and as you say 'ya takes ya chances'.

My reasoning behind US bullion, faulty as may it be at times, is that it is home grown and thus more likely to be trusted by 'Mad Max' over something with Elvis's picture on it.

By all means, buy as you see fit, bullion bars are cheap also.

PS to Blondie: If you hide something in the freezer, wrap it first in ground beef or fish fillets, rather than leaving it easy to find.

-- Uncle Deedah (oncebitten@twiceshy.com), September 13, 1998.

Blondie

Never mind, I see your point. Forgive me, it was early.

In my best "Bride of Frankenstein" Karloff voice: "Freezer bad, ground good"

-- Uncle Deedah (oncebitten@twiceshy.com), September 13, 1998.

Blondie, A good site to look up current prices on gold & silver, etc, is www.goldinvestment.com. I haven't bought anything from them and have no financial interest in them, but their prices have seemed competitive compared to other sites I've found. <<<<<<<<<<>>>>>>>>>>..........

-- Dan Hunt (dhunt@hostscorp.com), September 14, 1998.

Another good site to check gold prices:

http://www.ajpm.com/index.html

-- Gayla Dunbar (privacy@please.com), September 14, 1998.