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G.G. flagged this: Why Are People Hoarding Coins?

Reader Steve L. sent: Cost to Make Penny and Nickel Rises, Annual Loss Reaches $116.7 Million. When seigniorage goes negative, modern era governments almost always move to debase their coinage. The window of of opportunity to acquire nickels without sorting will be closing soon!

Drought expands, concerns mount about wheat and rivers

G.G. flagged this: Government borrows 46 cents of every dollar it spends. And meanwhile, we read: Federal Budget Deficit 24% Higher Over Same Time Period Last Year. How long can this go on? Protect yourself by diversifying out of Dollars and into practical, barterable tangibles.

Items from The Economatrix:

Central Bank Gold Purchases To Top 500 Tons This Year In A New Record Supporting Prices

Food Stamp Enrollment Up As Unemployment Rates Declines

Many Jobless In US Don't Collect Unemployment

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This page contains a single entry by Jim Rawles published on December 10, 2012 12:16 AM.

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