ok well I don't fully understand is this
hyperinflation will occur, it's not a question of if but when
in this situation gold, silver, copper and any other commodity will greatly increase in value
if people are hoarding there copper pennies, silver, gold for a long term investment and waiting for the economic collapse of the dollar to cash out then...
by the time hyperinflation hits wouldn't the numismatic value of the coin out perform it's metal value?
I say we still have several decades, perhaps a couple of centuries, before hyperinflation actually hits (I don't think we are bad off as people think right now). In a hyperinflation scenario every will go up in value, including current worthless zinc cents, put again I would imagine the numismatic value by the time hyperinflation hits will out perform the material value.
I understand that any material asset will outperform the falling american dollar and that simply leaving your money in the bank will not beat inflation. Simply waiting for interest rates to go higher appears not to the solution. Interest rates are likely to get worse and in the long run this will happen as our economy gets weaker. Either way you still making money in worthless USD, weather interest rates are low or high.