Asked whether he would repeat an assurance he gave in late 2012 that Greece wouldn't default, Wolfgang Schäuble told The Wall Street Journal and French daily Les Echos that “I would have to think very hard before repeating this in the current situation.” To which Moody's had just one thing to add: "there is a high likelihood of an imposition of capital controls and a deposit freeze."
Militarization Is More Than Tanks & Rifles: It’s a Cultural Disease, Acclimating Citizens To Life In A Police State
Submitted by Tyler Durden on 05/20/2015 - 22:00 The problems we’re grappling with have been building for more than 40 years. They’re not going to go away overnight, and they certainly will not be resolved by a report that instructs the police to simply adopt different tactics to accomplish the same results - i.e., maintain the government’s power, control and wealth at all costs. This is the sad reality of life in the American police state.
Putin Pans Ukraine's Debt Moratorium As "De Facto Default", Threatens Court
Submitted by Tyler Durden on 05/20/2015 - 21:30 In exactly a month, Ukraine will owe Russia a $75 million debt coupon payment. Finance Minister Anton Siluanov told reporters in Moscow today that "if they miss the payment, we will use our right to go to court." Then it got serious, as Vladimir Putin instructed Russian Prime Minister Dmitry Medvedev to assume control of Ukraine's repayment of its $3-billion debt in Eurobonds that Russia bought in 2013, slamming Ukraine's bill allowing them to impose a moratorium on foreign debt repayments as a de facto announcement of default. As one market participant warned, "I would wait until after June 20 to go forward with" any moratorium, as "if Russia takes Ukraine to court, that might be an incentive for other creditors to go down the same route."
4 Factors Signaling Volatility Will Return With A Vengeance
Submitted by Tyler Durden on 05/20/2015 - 21:00 The uncertainty surrounding the inevitability, if not the exact timing, of multiple and possibly overlapping volatility drivers is itself a source of volatility. For the average person, these signs can be scary. Taking steps to avoid the circus as much as possible, such as extracting money from the markets, securing personal assets, and waiting out the swings, can be a source of emotional comfort and future financial stability.
In India, Gold Is Not Only Money But Now Pays Interest
Submitted by Tyler Durden on 05/20/2015 - 20:30 Despite Bernanke's previous protestations that "gold is not money... it is tradition," in an effort to mobilise 20,000 tonnes of unproductive gold owned by Indian households into cash, Reuters reports that - after unveiling the gold monetisation scheme on Feb 28th, India's FinMin Arun Jaitley released bank guidelines overnight on interest rates, reserve and liquidity ratios. The scheme "allows gold to become a dynamic, fungible asset in the hands of gold savers," offering incentives (interest payable in gold) to convince households, who sometimes have little faith in financial institutions, to break the tradition and hand over gold passed down the generations.
China Bails Out Brazil In $50 Billion Regional Power Grab
Submitted by Tyler Durden on 05/20/2015 - 19:30 On the heels of pledging $46 billion in infrastructure aid to Pakistan, China is set to invest as much as $50 billion in Brazil including $10 billion on a cross-mountain railway that will connect Latin America's largest economy with Peru's ports in what Premier Li calls "a new road to Asia." The move is a dramatic example of China's growing foothold in what is ostensibly Washington's strongest sphere of influence.
Despite the euphoria in the Chinese stock market, drawdowns of physical
gold from the Shanghai Gold Exchange remain strong. Recently we saw 51
tons of gold taken out of the Shanghai Gold Exchange in just one week.
We will hear more discussion going forward about the renminbi being
included as part of an international reserve currency, along with the
U.S. dollar and the euro. That would be a major step in making the
renminbi an international currency, particularly since it would have to
included in portfolios. The IMF reviews this in October but there will
be jockeying back and forth this summer.All Signs Point To The East As China Continues To Build Their Gold Reserves
Regardless, China continues to build up their massive reserves of physical gold. Having the renminbi included as part of an international reserve currency would also force the Chinese to come clean with regards to how much physical gold they possess. Already we see the Shanghai Gold Exchange overshadowing the Comex. China already has the world’s largest bank — the Industrial and Commercial Bank of China. ICBC is larger than the American banks. I can also see China’s stock markets becoming bigger than the New York markets. So I think from a capital raising point of view, all signs point to the East.
John Embry Continues @ King World News
from JayTaylorMedia:
by Pam Martens and Russ Martens, Wall Street on Parade:
The
U.S. Department of Justice held a press conference in Washington, D.C.
this morning at 10 a.m. to announce that two of the largest banks in the
United States, Citicorp, a unit of Citigroup, and JPMorgan Chase &
Co., would plead guilty to felony charges in connection with the rigging
of foreign currency trading. Two foreign banks, Barclays PLC and the
Royal Bank of Scotland (RBS), also pleaded guilty to felony charges in
the same matter. A fifth bank, UBS, pled guilty to rigging the interest
rate benchmark known as Libor.
Today’s felony charges far just short of the 19th anniversary of the U.S. Justice Department charging almost every major firm on Wall Street, including JPMorgan, the predecessors of Citigroup, and UBS with fixing prices on the Nasdaq stock market. No criminal charges were brought. That now looks like a serious mistake.
Read More @ WallStreetonParade.com
The
U.S. Department of Justice held a press conference in Washington, D.C.
this morning at 10 a.m. to announce that two of the largest banks in the
United States, Citicorp, a unit of Citigroup, and JPMorgan Chase &
Co., would plead guilty to felony charges in connection with the rigging
of foreign currency trading. Two foreign banks, Barclays PLC and the
Royal Bank of Scotland (RBS), also pleaded guilty to felony charges in
the same matter. A fifth bank, UBS, pled guilty to rigging the interest
rate benchmark known as Libor.Today’s felony charges far just short of the 19th anniversary of the U.S. Justice Department charging almost every major firm on Wall Street, including JPMorgan, the predecessors of Citigroup, and UBS with fixing prices on the Nasdaq stock market. No criminal charges were brought. That now looks like a serious mistake.
Read More @ WallStreetonParade.com
Waldemar Perez spoke at Portland Community College, Sylvania Campus on May 10th, 2015.
The Illusion Of Democracy
Distract, deny, democracy...
Ray Dalio Slams Buffett For Being "Wrong On Gold", Says "Social Disruption" Is Inevitable
Submitted by Tyler Durden on 05/20/2015 - 17:30 "we're beyond the point of being able to successfully manage this... and I worry about another leg down in the economy causing social disruption.""Gold should be a part of everybody's portfolio to some degree because... it is the alternative money. Warren Buffett is making a big mistake."
by Dave Hodges, The Common Sense Show:
It is the latter days of summer and there’s not much excitement.
However, one day stands out like no other. On that fateful day, you
awaken to the news that the nation’s banks are “temporarily closed”
because some terrorist group launched a cyber attack upon all of the
major banks the night before. You instantly recognize the lie for what
it is.
You have been preparing for this moment for a long time and you recognize this event for the false flag event that it is. You announce to your family it is time to go. You grab your “bug out” bag” and you drive 20 miles in the opposite direction from your intended destination as you enter an underground parking garage. There you are met by a trusted source. You transfer your bug out bags to their vehicle and leave your vehicle behind. Why did you have to drive to an underground structure?
Read More
It is the latter days of summer and there’s not much excitement.
However, one day stands out like no other. On that fateful day, you
awaken to the news that the nation’s banks are “temporarily closed”
because some terrorist group launched a cyber attack upon all of the
major banks the night before. You instantly recognize the lie for what
it is.You have been preparing for this moment for a long time and you recognize this event for the false flag event that it is. You announce to your family it is time to go. You grab your “bug out” bag” and you drive 20 miles in the opposite direction from your intended destination as you enter an underground parking garage. There you are met by a trusted source. You transfer your bug out bags to their vehicle and leave your vehicle behind. Why did you have to drive to an underground structure?
Read More
from KingWorldNews:
Overnight bond markets were mostly firm and world equity markets took
that as an excuse to party, with much of Europe higher by a couple of
percent. The proximate cause for all that were the comments from ECB
gasbag Benoît Coeuré, who sparked a decline in the euro when he said
that the ECB intended to “front-load” its QE and really step on the gas
over the next couple of months….
The Lord of the Dark Matter’s comment on the recent gyrations was that the ECB doesn’t like the euro at $1.15 and the Fed doesn’t like it at $1.05. If that is the case, we will get more than our usual level of hot air from both camps as the currency ping-pongs between those two levels.
Bill Fleckenstein Continues @ KingWorldNews.com
Overnight bond markets were mostly firm and world equity markets took
that as an excuse to party, with much of Europe higher by a couple of
percent. The proximate cause for all that were the comments from ECB
gasbag Benoît Coeuré, who sparked a decline in the euro when he said
that the ECB intended to “front-load” its QE and really step on the gas
over the next couple of months….The Lord of the Dark Matter’s comment on the recent gyrations was that the ECB doesn’t like the euro at $1.15 and the Fed doesn’t like it at $1.05. If that is the case, we will get more than our usual level of hot air from both camps as the currency ping-pongs between those two levels.
Bill Fleckenstein Continues @ KingWorldNews.com
from Gold Core:
Gold is a regarded as a hedge against market turbulence by Bank of
America who, in a note to clients, advised holding gold and paper
currency at this time.
Bloomberg report that Bank of America Merrill Lynch describe the markets as being in a “Twilight Zone” – the zone between the end of QE and the Fed beginning to raise rates to try to bring normality back into the markets.
The note highlights two problems with raising rates which are prolonging this sojourn in the Twilight Zone. The first is that the real economy in the U.S. is not currently strong enough to withstand a rise in interest rates.
Read More @ GoldCore.com
Gold is a regarded as a hedge against market turbulence by Bank of
America who, in a note to clients, advised holding gold and paper
currency at this time.Bloomberg report that Bank of America Merrill Lynch describe the markets as being in a “Twilight Zone” – the zone between the end of QE and the Fed beginning to raise rates to try to bring normality back into the markets.
The note highlights two problems with raising rates which are prolonging this sojourn in the Twilight Zone. The first is that the real economy in the U.S. is not currently strong enough to withstand a rise in interest rates.
Read More @ GoldCore.com
from The Daily Sheeple:
How many times do you hear preppers and liberty-minded folks make
statements along the line of “When the schumer hits the fan, I will take
such action,” or “After some event I will make that change,” or “If it
gets to that point, then I’ll take a stand!”? These ideas are based on
the premise that there will be “the big event.” The assumption among
many preppers and liberty activists is that there will be a clear cut
“before” and “after,” with a defining moment, event, or series of
events, delineating between the two. Such events could include economic
collapse, natural disaster, a pandemic, an EMP or CME, a “terrorist”
attack, or martial law. I myself have at times fallen into this very
trap.
Read More @ TheDailySheeple.com
How many times do you hear preppers and liberty-minded folks make
statements along the line of “When the schumer hits the fan, I will take
such action,” or “After some event I will make that change,” or “If it
gets to that point, then I’ll take a stand!”? These ideas are based on
the premise that there will be “the big event.” The assumption among
many preppers and liberty activists is that there will be a clear cut
“before” and “after,” with a defining moment, event, or series of
events, delineating between the two. Such events could include economic
collapse, natural disaster, a pandemic, an EMP or CME, a “terrorist”
attack, or martial law. I myself have at times fallen into this very
trap.Read More @ TheDailySheeple.com
from Outsider Club:
In my slow-and-steady transformation into a cranky old man, one thing has consistently weighed on me more and more.
Naturally, at least for this evolution, or regression perhaps, it involves me being annoyed by seemingly trivial things people do.
Don’t worry, I’m not writing a screed about those damn kids and how they won’t stay off my lawn. There is a point to be made here that is useful.
Today, the target of my ire is the overuse of idioms. Specifically, how they are used as a means to cite someone smarter than you.
Read More @ OutsiderClub.com
In my slow-and-steady transformation into a cranky old man, one thing has consistently weighed on me more and more.Naturally, at least for this evolution, or regression perhaps, it involves me being annoyed by seemingly trivial things people do.
Don’t worry, I’m not writing a screed about those damn kids and how they won’t stay off my lawn. There is a point to be made here that is useful.
Today, the target of my ire is the overuse of idioms. Specifically, how they are used as a means to cite someone smarter than you.
Read More @ OutsiderClub.com
from TruthNeverTold:
from Western Journalism:
After seizing
the strategically important city of Ramadi, 60 miles west of Baghdad,
on Monday, the Islamic State held a massive military parade in the
western part of Iraq’s largest province of Anbar.
The Gateway Pundit published these photos of the parade, which was held yesterday:
Where was the U.S.-led coalition, the Pundit wondered.
Other images posted on Twitter showed multimillion dollar minesweepers, donated by the U.S., that have fallen in the hands of the Islamic State:
Read More @ WesternJournalism.com
After seizing
the strategically important city of Ramadi, 60 miles west of Baghdad,
on Monday, the Islamic State held a massive military parade in the
western part of Iraq’s largest province of Anbar.The Gateway Pundit published these photos of the parade, which was held yesterday:
Where was the U.S.-led coalition, the Pundit wondered.
Other images posted on Twitter showed multimillion dollar minesweepers, donated by the U.S., that have fallen in the hands of the Islamic State:
Read More @ WesternJournalism.com
from Down Trend:
Ferguson protesters who were promised thousands of dollars by George
Soros’ organizations to protest, loot and burn buildings are upset that
they haven’t been paid yet.
In hilarious irony, they’re protesting and “occupying” the offices of Missourians Organizing for Reform and Empowerment (MORE), a Soros-backed organization, demanding the group “Cut the Checks.”
They’ve created a Twitter “hashtag” and have promised to stage a sit-in outside the offices until they get their money.
Read More @ DownTrend.com
Ferguson protesters who were promised thousands of dollars by George
Soros’ organizations to protest, loot and burn buildings are upset that
they haven’t been paid yet.In hilarious irony, they’re protesting and “occupying” the offices of Missourians Organizing for Reform and Empowerment (MORE), a Soros-backed organization, demanding the group “Cut the Checks.”
They’ve created a Twitter “hashtag” and have promised to stage a sit-in outside the offices until they get their money.
Read More @ DownTrend.com
from Sputnik News:
Presidential hopeful Hillary Clinton used a second private email
address while she was secretary of state, contradicting assertions that
the first secret address was the only one she kept from her colleagues
in Washington.
The second email address, revealed by the New York Times, is from the same private email server that was uncovered earlier this year. Clinton used the account in exchanges with longtime adviser Sydney Blumenthal about strategies to help rebels oust Muammar Gadhafi in Libya in 2011.
“Fyi. The idea of using private security experts to arm the opposition should be considered,” Clinton wrote Blumenthal from the email address HRod17@clintonemail.com.
Read More @ SputnikNews.com
Presidential hopeful Hillary Clinton used a second private email
address while she was secretary of state, contradicting assertions that
the first secret address was the only one she kept from her colleagues
in Washington.The second email address, revealed by the New York Times, is from the same private email server that was uncovered earlier this year. Clinton used the account in exchanges with longtime adviser Sydney Blumenthal about strategies to help rebels oust Muammar Gadhafi in Libya in 2011.
“Fyi. The idea of using private security experts to arm the opposition should be considered,” Clinton wrote Blumenthal from the email address HRod17@clintonemail.com.
Read More @ SputnikNews.com
from CWA News:
More than 30 organizations representing a broad coalition of Asian
American and Pacific Islander (AAPI) organizations urged Congress to
oppose Fast Track and the Trans-Pacific Partnership (TPP).
Fast Track legislation, also known as Trade Promotion Authority (TPA), was introduced on April 16, 2015 and will be considered by the Senate soon. The Asian Pacific American Labor Alliance (APALA) and other members of the AAPI community are part of a movement of workers, environmentalists, people of faith, consumers and allies to simply say No to Fast Track.
Immediately following the introduction of TPA, the coalition sent a letter to Senate Majority Leader Mitch McConnell, Senate Minority Leader Harry Reid, Speaker of the House John Boehner, and House Minority Leader Nancy Pelosi. The groups wrote, “We are very concerned about the unprecedented level of secrecy that negotiations have been conducted in. Leaked texts have shown that the fast-tracking of sweeping trade agreements like the TPP will have serious implications for AAPI workers and families.”
Read More @ CWA-union.org
More than 30 organizations representing a broad coalition of Asian
American and Pacific Islander (AAPI) organizations urged Congress to
oppose Fast Track and the Trans-Pacific Partnership (TPP).Fast Track legislation, also known as Trade Promotion Authority (TPA), was introduced on April 16, 2015 and will be considered by the Senate soon. The Asian Pacific American Labor Alliance (APALA) and other members of the AAPI community are part of a movement of workers, environmentalists, people of faith, consumers and allies to simply say No to Fast Track.
Immediately following the introduction of TPA, the coalition sent a letter to Senate Majority Leader Mitch McConnell, Senate Minority Leader Harry Reid, Speaker of the House John Boehner, and House Minority Leader Nancy Pelosi. The groups wrote, “We are very concerned about the unprecedented level of secrecy that negotiations have been conducted in. Leaked texts have shown that the fast-tracking of sweeping trade agreements like the TPP will have serious implications for AAPI workers and families.”
Read More @ CWA-union.org
[Ed. Note: If this isn’t the very definition of a “mockingbird”, nothing is. As a member of the Council on Foreign Relations,
and former White House Communications Director and Senior Advisor for
Policy and Strategy for the Clinton Administration, Stephanopoulos has
made a fortune by selling his nation out to the New World Order
oligarchs.]
by Emily Smith, Page Six:
ABC has plenty of reasons to be freaking out over the George Stephanopoulos scandal — 105 million, to be exact.
The “Good Morning America” and “This Week” anchor renewed his contract last year for $105 million, TV industry sources told The Post Monday.
The seven-year deal — which dwarfs the five-year, $50 million contract scored by since-suspended NBC rival Brian Williams — was supposed to keep Stephanopoulos in front of ABC’s cameras through 2021.
But now his credibility, and future, have been called into question since he admitted Friday that he had donated $75,000 to the Clinton Foundation since 2011, just as the presidential race gears up with Hillary Rodham Clinton the leading Democrat.
Read More @ PageSix.com
hat tip: Rich
by Emily Smith, Page Six:
ABC has plenty of reasons to be freaking out over the George Stephanopoulos scandal — 105 million, to be exact.The “Good Morning America” and “This Week” anchor renewed his contract last year for $105 million, TV industry sources told The Post Monday.
The seven-year deal — which dwarfs the five-year, $50 million contract scored by since-suspended NBC rival Brian Williams — was supposed to keep Stephanopoulos in front of ABC’s cameras through 2021.
But now his credibility, and future, have been called into question since he admitted Friday that he had donated $75,000 to the Clinton Foundation since 2011, just as the presidential race gears up with Hillary Rodham Clinton the leading Democrat.
Read More @ PageSix.com
hat tip: Rich
by Bill Holter, SGT Report.com:
A few months back I theorized the rest of the world led by a
Chinese/Russian alliance might let loose with a “truth bomb” or a series
of them. It is clear the U.S. has been on a pathway in the desire to
start a war. We have pressed in Syria and the Ukraine but so far to no
avail. From the standpoint of the U.S., it is my opinion that a war is
“necessary” to point at and blame for the financial collapse surely
coming because in no way can “policy” be blamed.
The upcoming month of June will be a telling one as the situation in Greece comes to possibly a final head. Tiny Greece is important for several reasons. The first and most obvious, they are certainly a firing pin for the derivatives market. Should they default, what will it be called? Somehow, some way, a Greek default cannot be classified as one because a cascade of failures will immediately follow. Financially, Greece can take the Western financial system down all on its own.
Read More…
A few months back I theorized the rest of the world led by a
Chinese/Russian alliance might let loose with a “truth bomb” or a series
of them. It is clear the U.S. has been on a pathway in the desire to
start a war. We have pressed in Syria and the Ukraine but so far to no
avail. From the standpoint of the U.S., it is my opinion that a war is
“necessary” to point at and blame for the financial collapse surely
coming because in no way can “policy” be blamed.The upcoming month of June will be a telling one as the situation in Greece comes to possibly a final head. Tiny Greece is important for several reasons. The first and most obvious, they are certainly a firing pin for the derivatives market. Should they default, what will it be called? Somehow, some way, a Greek default cannot be classified as one because a cascade of failures will immediately follow. Financially, Greece can take the Western financial system down all on its own.
Read More…
Our "Junkie Economy" Will Soon Hit Rock Bottom
Submitted by Tyler Durden on 05/20/2015 - 16:30 A robust economy would allow central banks to raise rates and still allow debts to be paid down. But that is not what is happening. And it won’t happen. Junkies rarely go out and get a job... and gradually “taper off” their habit. No. They have to crash... hit bottom... and sink into such misery that they have no choice but to go cold turkey. Now, major central banks are committed to QE and ZIRP forever. They have created an economy that is addicted to EZ money. It will have to be smashed to smithereens before the feds change their policies.
"One Of These Things Is Not Like The Other"
Submitted by Tyler Durden on 05/20/2015 - 13:08 It is very rare to see Dow Industrials hitting new highs as Dow Transports prints new range lows... one of them is wrong here...
Google Apologizes For "Nigger House" Search Result
Submitted by Tyler Durden on 05/20/2015 - 12:01 "Do no evil..." that is part from the racist stuff, would appear to be Google's new meme as The Guardian reports the somewhat unbelievable fact that searches which include the racist slur “nigger” were shown to find the White House in Google Maps. “Some inappropriate results are surfacing in Google Maps that should not be, and we apologise for any offence this may have caused. Our teams are working to fix this issue quickly,” a Google spokesperson said, claiming that it had been experiencing “escalated attacks to spam Google Maps over the past few months”.
Overheard In The FX Rigging "Cartel" Chatroom: "Mess This Up And Sleep With One Eye Open
Submitted by Tyler Durden on 05/20/2015 - 11:45 One Barclays FX trader, when he became the main Euro trader for Barclays in 2011, was desperate to be invited to join the Cartel because of the trading advantages from sharing information with the other main traders of the Euro.After extensive discussion of whether or not this trader “would add value” to the Cartel, he was invited to join for a “1 month trial,” but was advised “mess this up and sleep with one eye open at night.”
by Anthony Gucciardi, Natural Society:
Are you in favor of labeling Monsanto’s Roundup-drenched genetically
modified crops? Perhaps you’re concerned after realizing that it was in
fact Monsanto’s Roundup herbicide that was linked to cancer by the World Health Organization?
According to the mainstream media, you must be ignorant.
That’s the message in a new piece by USA Today, which I was really shocked to see when scanning the headlines today. Not only does the article say that anyone who is concerned about GMOs is akin to a conspiracy theorist that believes the moon landing was staged and that Elvis is still alive, but it goes on to blame concern over Monsanto’s creations as ‘ignorance and hysteria.’
Read More @ NaturalSociety.com
Are you in favor of labeling Monsanto’s Roundup-drenched genetically
modified crops? Perhaps you’re concerned after realizing that it was in
fact Monsanto’s Roundup herbicide that was linked to cancer by the World Health Organization?According to the mainstream media, you must be ignorant.
That’s the message in a new piece by USA Today, which I was really shocked to see when scanning the headlines today. Not only does the article say that anyone who is concerned about GMOs is akin to a conspiracy theorist that believes the moon landing was staged and that Elvis is still alive, but it goes on to blame concern over Monsanto’s creations as ‘ignorance and hysteria.’
Read More @ NaturalSociety.com
by SGT & Wil, SGT Report.com:
Hey gang, I received this e-mail yesterday and thought you might enjoy the exchange between Wil and me. Great minds think alike!
—–
Hi Sean, I’ve been listening to you for 4-5 years now. I seriously enjoyed the Bill Holter interview which got me thinking about what he said when this all goes kaboom, “what you have is what you have!”
Just wanted to share what I’ve been doing for awhile. Been collecting
nickels! Somewhere in the recesses of my mind I had heard that the US
had to have nickel imported as we didn’t have any mines here. Anyway
since I am one of those who didn’t wake up until silver was maxing in
price, often times I didn’t have the cash to buy an ounce of silver. So,
instead every time I or my wife would get paid, the bank would sell me
up to 5 rolls of nickels without charging me any fee. It was forced
savings I suppose and I figured nickel would be good for something if
things crashed. [Ed. Note: Since the hard cost for the US Mint to manufacture each nickel is is around 11 cents, seems like a good bet to me!]
Read More…
Hey gang, I received this e-mail yesterday and thought you might enjoy the exchange between Wil and me. Great minds think alike!
—–
Hi Sean, I’ve been listening to you for 4-5 years now. I seriously enjoyed the Bill Holter interview which got me thinking about what he said when this all goes kaboom, “what you have is what you have!”
Just wanted to share what I’ve been doing for awhile. Been collecting
nickels! Somewhere in the recesses of my mind I had heard that the US
had to have nickel imported as we didn’t have any mines here. Anyway
since I am one of those who didn’t wake up until silver was maxing in
price, often times I didn’t have the cash to buy an ounce of silver. So,
instead every time I or my wife would get paid, the bank would sell me
up to 5 rolls of nickels without charging me any fee. It was forced
savings I suppose and I figured nickel would be good for something if
things crashed. [Ed. Note: Since the hard cost for the US Mint to manufacture each nickel is is around 11 cents, seems like a good bet to me!]Read More…
/
![[Most Recent Quotes from www.kitco.com]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_tYAL_wGsk9sOCtG_cBA6H2kXoRSbqX-dUAgmzX03Ue5mLLIjL2GFtNA6RkKVj4MJWmo-Q2soedXLFEBjRkh7hXxpCcmbpOqm97LBqhd98BWKdDWDVp99MynhxnJhyDlHluqA=s0-d)
![[Most Recent Quotes from www.kitco.com]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_sBq4dL2aGFuoms0dBfgiDDlNLbCvc9RJu_9dMl3L_z6j4ZoYy6GX1W1Cmq4iTzY8-hNDJnmQstQgjYKMaw9ERw5EPEuHEJsS2zsrLHZF3dcFE6HZ8FzNArQc-E2DcXSf24smG_=s0-d)
No comments:
Post a Comment