Does this sound familiar? Iran’s Economic Spiral: Country to Cut ‘4 Zeros’ Off of National Currency. (A hat tip to F.J. for the link.) The same thing could eventually happen here. If it does, anyone holding coinage will reap a huge overnight profit. (Since coinage is usually not part of a currency exchange.) Have you been stocking up on Nickels?
Items from The Economatrix:
Ireland’s Debt Junked as Euro Crisis Spreads
The Beginning of the End of Europe
Eurozone Hits The Fan: Gold Price Surging & Silver Begins to Make a Move
A Run on the United States Government
Alternative Markets, Barter Systems, Local Co-ops are the Lifeboats that Will Save Us