This was released on The History Channel yesterday. It's getting a little tougher to find lately. Many are predicting it will get only tougher.

I visited a silver mine in Colorado. It had been an active mine but was closed down because the price of silver dropped too low. (they said they could not compete with Chinese silver).

But you could still see the silver veins they were chasing. Anyway, I think it was the Bachelor-Syracuse near Ouray (IIRC).

The tour guide said that if the price of silver rose above $22 an ounce they may consider re-opening the mine.

Unless there is a true miracle, the economy is going to get much worse and inflation higher. Silver and gold prices would then go up. A lot. Partially as a store of value (inflation hedge), and partially out of fear.

The spot price is low right now, but the premium on top of spot to buy physical silver is keeping the price up for physical.

The spot price is therefore giving a false impression that people believe the economy is good and will remain good.

I'm way over invested in silver for that reason.

As a kid in the 1960's we would sort through coins for Indian head nickels, wheat back pennies, and silver quarters. Sometimes we'd find a real silver dollar.

If only I'd kept them instead of buying candy and model cars!

I'm watching a 64 Kennedy half dollar (7.05 @ 19.48) go for over $20. It's nuts. (edit: a beat up accented hair no less)

About a month ago I was passing by a CoinStar machine and it had a coin in the reject bin.

Pulled it out and it was a Mercury dime. I can only imagine what was fed in to it.

One of the neatest silver coins I have is for three cents.

^^^ Nice catch.

My kids and I used to go through all of our change in order to find silver coins in different configurations. It was something to do and give them an appreciation of our monetary system and all that goes into it.

Thanks!

I had also traded to get a 20¢ piece as well, but it is 90% silver