Economics and Investing:

The dip in spot silver is continuing. Silver was down to just $28.54 per troy ounce, the last time I checked. This is a great buying opportunity. Buy on the dips!

The handwriting is on the wall for the U.S. penny and nickel: Minting Coins Cost U.S. Taxpayers $436 Million: Chart of the Day

Reader Joe B. sent this: If the Euro Collapses, the Swiss Army Is Ready

B.B. sent this: Peter Schiff: It’s Going To Hit The Fan During Obama’s Second Term

Items from The Economatrix:

Will We See $5 Gasoline This Year?

Refinery Closures Send Gas To Near 4-Month High

Eric Sprott:  Price Of Gold & Silver Are Being Suppressed & No Gold In The Treasury. Financial System, At Some Point, It Blows