Whispering the dreaded “D” word: Federal Reserve Actively Preparing for the Possibility of U.S. Default. ( Thanks to N.B. for the link.)
Columbus [Georgia] Forms Copper Theft Task Force. “Columbus Police say last year alone $2 million in copper was stolen throughout the city.” (Thanks to F.G. for the link.)
F.J. sent a link to an interesting piece penned by Eric Fry: Investing Ahead of the Curve. Here is a quote: “In 1969, for example, the Argentine government trimmed two zeros off the existing Peso Moneda Nacional to create the new Peso Ley. In 1985, the government slashed four zeros off the Peso Ley to create the Peso. Then in 1992, the government cut three zeros off the Peso to create the Austral, simultaneously linking it to the US dollar, one-for-one. Ten years later, this peg to the dollar ruptured and the Argentine currency swiftly lost 75% of its purchasing power…again.”
Michael W. mentioned a web site of interest to copper and nickel investors: Portland Mint.
Some HKMEx news: Hong Kong Metals Exchange to Open 1,000 Ounce Silver Futures Contract. (Thanks to Chris D. for the link.)
Loyal content contributor B.B. kindly sent several news items:
Marc Faber on Gold, Silver, Deflation and the U.S. Economy podcast (podcast interview with Jim Pulplava)
Items from The Economatrix: