With the news filled with information about the value of the dollar, inflation, and a “pending” collapse of the U.S. dollar, have you ever thought about how you could use precious metal to buy stuff? The last couple of years have been blockbusters for the West Point Mint working as fast as they can to keep up with the demand for silver eagles. In fact, there have been periods where sales have been suspended due to lack of available silver.
I ponder what conditions would be if folks found themselves required to use silver for buying everyday goods. There are a few issues related to that prospect. I tell the reader about the best silver coins for use instead of paper money, the contrast between gold coins, how a store might negotiate a sale done in silver, and topics of possible concern in this article about the future.
If hyper-inflation has been on your mind and the associated problems with paper money (fiat currency), this introduction to some of the problems and how you might want to navigate would be a super place to start to contemplate it.