Gold to the Moon, Bitcoin Stuck on Earth – Ep 785
The Peter Schiff Show Podcast
00:00
Why You Shouldn't Buy Gold Coins From a Dealer You Trust
A quarter and a dime used to be made out of real silver. To qualify as legal tender, there had to be a certain amount of silver in that coin. pennies and nickels weren't actually legal tender any more. We simply used copper and nickel to make transactions that were too small to effect with gold and silver. They accepted copper plated nickel in place of silver because they looked up the melt value but based on what's going on with copper and nickel prices. And these are pre-19 81 penny coins - you can get them now for less than $1 each.
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