RE: Looking into precious metals

I don't have a huge sum to spare for metals investing, but every now and then, I'll buy a little 'junk silver,' 90% silver US coins from 1964 and earlier. I also like 1 oz. fine silver rounds.

The 10 year chart is a good step, but for a historical perspective, it's worth looking back 100 years when metals were money, too. Look at the silver to gold ratio now, and then look back at what it was when they were both used as coins in circulation.

Bimetallism was a flawed concept, since fixing the silver/gold ratio legally did not account for natural fluctuations in commodity markets, but it was once roughly 20:1. In a full-blown currency collapse, silver demand as a monetary metal would likely result in a massive spike.

It's speculation, of course. But the upside as everything goes sideways now is comforting.