Coinspiracy: Nickels 📈 Got 5 rolls ($10) from the bank today, melt price is $16
(media.conspiracies.win)
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Storage and actual acquisition seems like an issue.
If I want to dip out of the stock market, how the fuck do I get a hold of and store 6 tons of nickels?
We’re talking about a bit of protection from hyperinflation. Like, if the dollar becomes such shit, a la weimar or venezuela— nickel and copper might be worth like $150 lb. and silver like $200 oz and gold like 6 gorillion dollars an oz.
I’m not saying you need bathtubs of nickels to jump in like uncle scrooge, just 40-50 rolls as a hedge. Some people here might already be too strapped to invest in gold or silver, but most people can put away a few bucks a week in nickels or just save the ones they get in change.
Upvoted for properly using the word gorillion in a sentence.