What makes you so confident in physical silver, @longsilver ...? just curious... and - do you know of any way to anonymously buy physical gold/silver for cryptocurrencies? cheers from the slopes of Mount Ölberg in the Seven Mountains!
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I just found out APMEX accepts Bitcoin. for gold and silver purchases.
www.apmex.com
A review of the periodic table will show most elements are not suitable for currency, they are either a gas, toxic, radioactive on oxidize quickly. The metals humans have used for years copper silver and gold remain the best choice.
Silver in particular is the most reflective element, vital for solar power. Silver's other properties in regards to heat and electrical conduction make indispensable to industry. No silver and most of our modern electronics go away. I also make my own antibiotic from silver at home. No counter party risk. I have my silver dont have to go a bank, sign anything I just dig it up and use it as I see fit. I will be looking for a place that takes crypto in the future but right now I am still powering up. Thanks for asking.
Thanks for your detailed answer! My love @jkiw will soon teach me how to use the "chat" - that might be a better place to continue on this topic? I fully agree to what you write - and it's been our preferred choice for quite some time. I like what Clif High is saying on this (and other) issues. Digging is very good indeed! and not having to go to a bank, too. By the way: it's surely not for no reason (sorry for that) that a bank had been called a bank - in German, a bank is what is called bench in English, something proper to sit on, with others. But this is deceptive and misleading, isn't it? Cheers from the slopes of Mount Ölberg in the Seven Mountains
@fishyculture is intimidated by chat, I have to learn that myself and have very little spare time right now, but I will try to start up the learning curve!