Buying Bulk Silver Coins: Hedge Yourself Against The Impending Inflation!

Published on June 7 2009 in Uncategorized

The US government has spent more money in the first 100 days of the Obama Administration than in the previous 8 years combined. The Obama & Bush Administrations combined have spent more than ALL the other presidencies in the history of the country! This is hardly a recipe for economic solvency & massive inflation is the only result possible.

The Federal Reserve has has the US Mint's presses running non-stop to fund this massive glut of deficit spending. As we know, a huge increase in the money supply without a corresponding increase in durable goods & hard assets can only lead to runaway inflation, probably in the very near future. It is the only result possible. Investing in US bulk silver coins is another good way to protect your savings from the wealth eating effects of inflation.

US bulk silver coins consist of any pre 1964 dime, quarter, half dollar, or silver dollar that does not have numismatic value beyond its intrinsic 90% silver content. This includes the vast majority of dimes & quarters in this category as well as a significant portion of the halves. This would also include bulk silver dollars that are culls or well circulated.

These bulk silver coins are a great way to hedge against inflation because precious metals historically increase in value as inflation drives the dollar down. And in the case of silver, more is used industrially each year than what is newly mined, meaning that demand is going to be higher than supply. Best of all, you can buy a roll or 2 a paycheck on a tight budget & still be hedging against inflation. An average worker could pick up a roll of silver dimes on eBay each paycheck for $50 or $60 bucks a roll & have a good hedge against inflation over the course of the year. More affluent folks can invest in halves, quarters, or bulk silver dollars. All are readily available on eBay & given the current economic state, you can expect silver prices to remain steady or increase.

The current economic bust has devalued an overvalued stock market by trillions of dollars in the last year because that wealth was created on a bad foundation. For years the Federal Reserve enticed people into the stock market by keeping interest rates artificially low. People who were living on interest income from bonds, CD's, & the like were forced into stocks & mutual funds to get a good rate of return. Economic laws are not to be fooled & this wealth was created on paper only. More than half the value of the Dow disappeared almost overnight. If you hold your wealth in tangible goods with intrinsic value you are hedged on the downside because precious metals like silver & gold will always hold value.

That is what makes bulk silver coins a desirable & wise investment. They are readily available on ebay & every family should own some. I've included eBay auctions sorted by dimes, quarters, halves, & silver dollars for your convenience.

Bulk Silver Dimes