The below video clip on silver and inflation is absolutely brilliant.
Is silver still a good investment now? Although there are periods when price inflation slows, the continued trend is, over the long haul, for more and more inflation. This means the purchasing power of silver will continue to advance. Further, Ron Paul told me that he thinks silver in the future will climb faster than gold. His argument is that gold is getting so expensive that many people won't be able to afford it and will thus buy silver instead, I couldn't agree more. Tuck away those silver coins, but also don't forget about nickels.
The current composition of a nickel is 75% copper and 25% nickel. The metal value in the nickel is now just slightly more than five cents. As price inflation climbs, the metal value will climb and at some point nickels with the current metal composition will disappear from circulation just like the silver dimes, quarters and half-dollars did, and will be worth much more than their five cent face value. What is most important about holding on to nickels is that if you need cash in a pinch, they will still be worth at least five cents. Always be wary of salespeople who tell you about an investment that can't go down in value, but holding on to nickels is one of the very few that actually is so.