Economics and Investing:

Reader R.B.S. sent some more coin debasement news: Stivers proposes using steel for all U.S. coins – not just pennies and nickels. The compromise that the Congresscritters reach might be just dropping the penny and switching the nickel to stainless steel. The days of nickel made of copper and nickel are numbered, so stock up!

Jim W. liked this: Gold – You Better Hold It

Also from Jim: How Your Purchasing Power Was And Is Destroyed. “The fraud you’re being sold is exactly identical to going into a bakery and ordering a sheet cake.  The baker asks you how many pieces you would like the cake cut into; your options are 2, 4, 8, 16 or 32.  He then tells you that if you’re really hungry you should choose 32, because that way you can eat more pieces.”

Courtesy of H.L.: Largest Wholesaler in U.S. Sold Out of 100 Ounce Silver Bars

Items from The Economatrix:

Why The Jobs Outlook Just Got A Whole Lot Worse

The Global “Fractional” Paper Bullion Market Is Collapsing

Freely-Traded Markets Are An Anachronism:  Fundamental Rules No Longer Apply

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