Thursday, August 18, 2011

20 Cents for Gas Shows the Power of Silver - 2 August 2011
Go to any bank right now and hand them $100 and ask for nickels. The teller will gleefully give you back about $135 in metal (as of this writing). We suggest you do this as regularly as you can.

No, you can't take advantage of that now by turning around and selling these cupronickel pieces ("nickels" are actually only 25% nickel and 75% copper) for an immediate 35% gain. Not yet. But that time is coming. It could take years, but we doubt it will be that long this time around. The pace of debasement is accelerating over time.

No comments:

Post a Comment