Author: James Wesley Rawles

Dear James Wesley, I have been wanting to get to a bank to make arrangements to buy nickels and pennies, but my normal workday and duties prevent me.  Today I was finally able to do so. I was told that the pennies came in “boxes” of $25 and the nickels in “boxes” of $100.  The banker said he had to check on a recent fee hike. He came back with an a $0.20 per roll delivery fee. But then he offered a “free” alternative.  Their coin counting machine bags [loose] pennies with $50 in a full bag and $200 of …

John Rubino: Commercial Real Estate on Borrowed Time? John R. suggested this piece by Bob Chapman: The Road of Inflation Will Only End in Tears G.G. flagged this: Moody’s Warns Britain Over Triple-A Credit Rating Also from G.G.: Unsustainable budget threatens nation. Items from The Economatrix: $105 Oil:  It’s The Perfect Storm Central Banks Shedding Dollars, Buying Gold   Silver Surges Over $37.25 on Way to Record $50, Gold to $5,000 in 3 To 4 Years? Sprott Putting Clients in Gold and Silver Ahead of Prolonged Global Uncertainty   Gold Rises To Record; Copper Rallies Metals Stocks “Instead of looking …

US Finances Rank Near Worst in the World: Study. (A hat tip to C.D.V. for the link.) J.B.G. flagged this: Worst Texas Drought in 44 Years Eroding Wheat, Beef Supply as Food Rallies Commentary from Ireland: Default or not to default? Now that’s a no-brainer Items from The Economatrix: Just Not in Time Manufacturing: Toyota Tells US Plants “Prepare to Shut Down”  Breaks in Supply Chain: Disaster in Japan Sends Ripples Through Global Economy Fed Officials See U.S. Recovery Taking Hold   Gold Fields: Gold at $1,500 Possible  Durable Goods Orders Fell 0.9% in February