Its that simple, I read all about it on the SLV & GLD boards. But just in case these predictions don't happen in this millenium, I think it best to stick with the safest of the three--U.S. NICKELS. XSliquidity
well that depends; against what? you're soon to lose 30% in terms of Jif peanut butter.
the point is you've lost the same as the guy holding a paper dollar under his mattress. since you can't realize the value of the underlying metal, you will lose to inflation as long as the US gov stands. think pennies, not silver and all will be clear. you are taking on an enormous risk in nickels. the entire thesis to nickels is a government collapse. if the federal reserve collapses, you've gained nothing since nickels are coins of the US mint and not federal reserve notes. just as the nickels were around pre federal reserve, they'll be around post federal reserve. you've clearly not thought out your own thesis. if i'm wrong debate the objections. everything i say is for myself.
How much do you suppose I've lost on this "trade" already?
Have you said anything for yourself or just responded to others?
In order to improve the job situation do as the Chinese do and buy Chinese!
still can't think of a response to the points made huh. what are you going to do, just pray and hope you don't completely lose your shirt??? that's not a very good strategy.
you've lost so much on this trade already, doesn't seem wise to keep throwing money away on these things, but i guess it can only be a few hundred or thousand so it won't keep you up at night at least. good luck
To find the true value of a nickel look up what scrap buyers are paying for 75/25 Cupro Nickel.
The melt value on coin sites do not factor in the cost to refine.
The cost to refine $100.00 worth of cupro nickel is much higher than the cost to refine $100.00 worth of gold or silver.