Economics and Investing:

Thursday, Jul 18, 2013

I heard from the folks at Mulligan Mint that the one ounce American Redoubt silver coins, are still selling well, and they have cleared most of their order backlog. When I last checked they only had about 500 ounces in Redoubt coins left to fulfill, and they expected to mail all of those this week. But anyone placing orders henceforth can still expect delays of up to three weeks, during times of peak demand. (Whenever spot silver dips below $20 per Troy ounce, the floodgates open.) For some perspective: The U.S. Mint reported that it sold a whopping 27.6 Million Silver Eagles in just the first two weeks of July. (Perhaps a typo.) No wonder that there are backlogs!

M.E.W. suggested this article and video segment: Kyle Bass: The next 18 months will redesign the economic orthodoxy in the West

What Is Driving Gold Now?

R.B.S. sent news of yet another government scheming to deprive its citizenry of that "barbarous relic": Granny’s Gold Bars Are Key to Vietnam Push to Boost Dong

Items from The Economatrix:

Gold Price Crash Is Over:  Jim Sinclair

The World Is Becoming Increasingly Unstable, Global Markets Could Be Due For A Shock

Why Is Living In America Becoming Harder And Harder These Days?


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