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Friday, May 20, 2022

Fight Bidenflation: Buy Precious Metals & Coins

With Bidenflation roaring at this time, the recommended hedge against it is buying gold or silver.

Regular readers of this blog know that I am a fan of Morgan silver dollars. Since gold is too expensive, silver, as a precious metal, is much much more affordable (at least to me). Plus, it holds its value unlike the printing press Monopoly money the government issues.

Above, a Morgan silver dollar.


I was reading The Federalist blog about gold and silver a little while ago and decided to get some more Morgan silver dollars. (Thanks, Gary!)

One can look around and find some deals on coins and precious metals. One such source is Universal Coin, who advertises in the NRA's American Rifleman. They often have specials for NRA members. 

There are many other sources of coins available.

According to Google (take that with a grain of salt):

Can the US government confiscate your gold?

Under current federal law, gold bullion can be confiscated by the federal government in times of national crisis. As collectibles, rare coins do not fall within the provisions permitting confiscation.

1 comment:

Gary said...

Gold and silver - the way to go

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