Buying junk silver

I am not sure if buying junk silver is a good idea or a bad idea.  My track record with investments is worse than my gambling record and I fail at gambling.  I have a friend who is pretty savvy with investments, and he says that metals are perfectly set for bubble and then like all bubbles it will pop.  Add that view to hyperinflation and metals do not seem like such a great idea.

But silver, gold, copper and other metals will still be worth what they are worth so as far as keeping value you can not do better than metal.  So here is some info for buying junk silver.

http://www.2-clicks-coins.com/article/junk-silver-coins.html


Determining Junk Silver Prices
If you have a junk silver piece at hand, here’s a quick guide to determine your junk silver coin’s price.

Take note that all silver values are pegged at $10 per ounce of silver. So to determine the actual value, the silver weight is multiplied by the current spot price of silver.

Coin Silver                             Content Silver Weight    Face Value Silver Value
1942-1945     War Nickels                 35%   0.05626 oz. $0.05      $0.56
1916-1945     Mercury Dimes            90%   0.07234 oz.  $0.10      $0.72
1946-1964     Roosevelt Dimes          90%   0.07234 oz   $0.10       $0.72
1932-1964     Washington Quarters   90%   0.18084 oz.   $0.25       $1.81
1916-1947     Walking Liberty Half   90%    0.36169 oz.   $0.50       $3.62
1948-1963     Franklin Half               90%    0.36169 oz.   $0.50       $3.62
1964              Kennedy Half              90%    0.36169 oz.   $0.50       $3.62
1965-1970     Kennedy Half             40%     0.1479 oz      $0.50      $1.48
1878-1921     Morgan Dollar            90%     0.77344 oz.   $1.00      $7.73
1921-1935     Peace Dollar               90%     0.77344 oz.   $1.00      $7.73
1971-1976-S Eisenhower Dollar       40%     0.3161 oz.     $1.00      $3.16

So when the price of silver goes up by ten cents, a bag of 90% junk silver coins will rise by at least $70.

Food, food and more food...

As you may have heard the DOW did a record dip of over 900 points in just a few min.  I happened to be watching the news at the time.  It was scary to watch lucky for us it was a typo by some trader but if the system is that weak what happens when it is not a typo?

It just proves to me that nothing will be as valuable as food if some bad thing does happen.  Water is more important but easier to get here in Virginia.  But food is worth more than all the gold in the world if you need it.  I am thinking I will increase my supply up to 3 years for 5 or 6 people.  Most of it will be bulk food such as rice, beans and sugar.  On that note we put 50 lbs of rice and 50 lbs of flower into plastic buckets yesterday.  It was pretty easy and we did not spill much.  This food will be used as quickly as possible since we did not do any prep on the buckets, they are just buckets of flower and rice.  The Boss is going to start baking more bread and other flower stuff.

 

I am now looking out for bags of beans and I think I will buy more 5gal buckets.  Just FYI 50 lbs of flower just fits in two five gallon buckets and 50lbs of rice fills about one and a half buckets.  I think I also need sprouting seeds.  I have always liked sprouts but hesitated to eat them due to the greenie attachment of sprouting.

Working out, Organization

Well so far so good on working out. The boys and I did an hour of brisk walking yesterday.




I found a funny photo on Tamra's site. I thought it was appropriate since we had a bunch of pro 2nd amendment rallies yesterday.

Somehow our 2.1 trillion 2009 tax revenues seem very unlikely to be able to ever pay off our 56 trillion in debt. I'm not sure what the interest in on 56 trillion of debt is but its a lot.

Bite the bullet EE vs SR food systems

VS

Not literally but the boss and I had some extra cash come in due to some enormous hours I did a couple months ago and a lucky 3 week paycheck, and some savings we had. With the dollars value falling we were trying to decide how to preserve the value of our money and prepare for anything that may come up.

I had sent the boss some links for our prep work and I had wanted her to go over them and help me make a choice of what was better, Emergency Essentials with the 6 gal pails and #10 cans or the shelf reliance with the nice stocking shelves and the #10 cans. She said get them both, it is the best way to preserve our money, we will eat all of it over time and it is not likely to get much cheaper.

So this morning I ordered the years supply from both companies and I will compare them as I get the orders. So far my observations from the website info is as follows

Price: EE-$899 vs SR-$1044
Calories: EE-2200 vs SR-2029
Shipping: EE-$12 vs SR-$15.99

So so far EE has it in the bag although to be fair SR comes with a very nice shelf that allows loading from the rear of #10 cans and is all in #10 cans

I also bought a water filter from Ready Made Resources (this I will use while hiking and camping and I have wanted one for a very long time)

We also purchased a meat grinder that we have been wanting for a very long time.

Bad Viscount

Well it has been almost a month since I blogged.

Mostly due to Christmas. Instead of getting sweet prep items I am getting cool kid items.

But.... as of yesterday I own my truck and the bank does not.
And the BoA CC is chopped up and gone forever!

I also this morning got some ammo but not the whole allotment for the month.
50 .380 jhp
50 9mm JHP
525 .22
20 308
20 .12ga 00
20 Russian unknown maker I hope they don't suck

All from a new vendor LuckyGunner.com

So there we have the update