Dollar Crash - alternatives to cashIf the US dollar were to crash, what are you options, what can you use to purchase goods and services? Silver bars, Coins and Rounds: These are bars and/or coins of .999% pure silver, usually weighed in troy ounces. This can be used for larger purchases, standard purchases, if you have no choice or for investment to help you recover after the dollar crash is over and a new currency is instituted. I Junk Silver coins: These are the old school silver coins that the USA issued up until the 60's and 70's. These are the silver dimes, quarters and silver dollars we used to have, that were made with a percentage of real silver. Many people in a post dollar crash situation will recognize and likely accept these are more than the coins face value. I'm a fan of the silver dimes, because I want to use as close to the agreed payment amount as possible. Junk silver is an informal term used in the United States (and United Kingdom, Canada and Australia) for any silver coin which is in fair condition and has no numismatic or collectible value above the bullion value of the silver it contains. Such coins are popular among people seeking to invest in silver, particularly in small amounts. The word "junk" refers only to the value of the coins as collectibles and not to the actual condition of the coins; junk silver is not necessarily scrap silver. AVOID ANY COINS OR INGOTS THAT ARE SILVER CLAD. "Silver Clad" means it's a thin silver layer over some worthless crap metal. Don't fall for that trick! You'll never get an oz of silver cheaper than the "spot" price. Watch for scams and silver clad! See the Spot Price of Silver (or Gold). You can find a full selection of silver bars, coins and rounds at Amazon. BitCoins: BitCoin is very poplar right now, but you need a computer or access to a computer and your BitCoin wallet to make it all work for you. Description of BitCoin on Wikipedia You can mine for bitcoins, using your computer. It's slow going, but it does work. You will need some techinical prowess and a decent computer with a GPU (graphic processing unit) to be efficient. You can buy bitcoins
- Beware of scams just like any other financial exchange. Google the sellers or companies and look for reviews on the transactions. If it doesn't feel right, get out!