Have you been reading the news lately about the financial crisis in Europe that is impacting economies all around the world?  The United States is not immune from any of these crisis's as they may have started over here with the inflationary policies of the Federal Reserve Bank.

I have seen the topic of buying survival silver coins appearing more on financial forums. The term "survival silver coins is not an official term, having an emergency stash of pre 1965 90% silver coins on hand is a smart idea in the event that the banks close due to political and economic unrest. In my opinion, buying silver for survival purposes is no different from buying extra provisions to use in case of an emergency. Are you wondering what "survival silver" is? Prior to 1965, US coins were minted with 90% pure silver and today these worn and circulated coins are referred to as junk silver. These coins contain 90% silver.

Throughout the history of mankind, silver has been used as an investment, a hedge against inflation, and for survival after financial collapse. Most people at the end of the day want to know that their money is still intact and is not going to disappear. Governments that start out with good intentions become hungry monsters that eat up their citizens savings through taxation and inflation.

Just as people start storing food and other supplies during bad economic times, people stock pile silver coins as a means to survive. While I am not one prone to fall prey to conspiracy theories, it is quite clear in reading the daily news that that the entire civilized world that relies on the US dollar is in severe trouble.. Everyday I read online news sources and there are several articles daily about the world financial troubles. The United States Government via the Federal Reserve has tripled the money supply essentially making each dollar worth approximately 1/3 of it's value.. Fiat currencies such as the US dollar have a life span of approximately 27 years and this causes me great concern knowing that the US dollar is on it's 40th year and is showing signs of failure. The United State of America went off the gold standard in 1971 when President Richard Nixon signed a bill into law to prevent foreign nations from turning in excess dollars in exchange for gold

In 2002, both Argentina and Paraguay closed their banks to their citizens. Fortunately, a few people had the foresight to convert there nearly worthless currency into gold and silver before the banks lock their doors. . When the banks finally opened, the people were not allowed to draw all of their money out of the their accounts because the banks did not have that much currency on hand At the same timeSimultaneously the Argentinian peso and the Paraguayan guarani plummeted in value At the same time, neighboring Brazil had financial difficulties of it's own and defaulted on a large portion of it's international debt.

Similar to a forest fire burning excess ground cover and dead trees, the free market when left to do it's work cleans up the financial chaos. Greedy individuals never seem to learn the lessons of history when they try to control the free market as they usually get toppled or thrown out. It's unfortunate that regimes or military coupes take over promising a better future for the citizens with no intentions of ever honor their promises.

I am not a political or historical expert. I can only read the tea leaves of history and make my own decisions that are best for myself and my family. People with a bend towards survival convert most of their personal assets into something tangible like real estate, farm equipment, or silver & gold. Having items that have practical use will be just as good as owning precious metals to conduct your day to day business

The Secrets To Finding Discount Silver May Be As Close As Your Local Coin Shop

Neighborhood Jewelry Dealers

The first place that I would look for bargains is at your local coin shop because their overhead cost is much lower than large online coin dealers. Getting to know your local coin dealer will compliment your online buying by providing you with personal service and instant knowledge of current market conditions. Having this kind of information is priceless. I make it a practice to buy both locally and online for my precious metals. While I am not well known to either of them, they know me because I often bring in both of my boys to look for rare coins. Though I prefer local coin dealers for buying silver bullion, I also buy silver coins from online dealers to spread out my silver buying from various sources. You can find incredible deals online for survival silver that is just pennies over the spot price.

Shop Online For Gold And Silver For Real Deals

Golden Eagle Coin

Started by 2 coin collectors back in 1974, Golden Eagle has grown into a large online dealer They have a well rounded business as they offer both collectable coins and survival silver. Golden Eagle Coin has a better selection than most local coin shops and yet still will serve your needs just like the local coin shops.

If our economy ever goes back to trade and barter, making change is going to be important so be sure to buy junk silver dimes, quarters, and half dollars to make this process easier.