Catch Up

Been stockpiling the following for comment:

Silver shortage vs coin shortage

I’ve been on this issue for a long time, now I have backup from David Morgan: In 2008 there was no shortage of all silver per se, but there was a shortage of coins, bars and other retail “investment” items. The evidence: Much . . . → Read More: Catch Up

Chavez Evaporates Venezuelan Bolivar And Leads Country Into Darkness

Hugo Chavez, president of Venezuela, started 2010 off by devaluing the Venezuelan bolivar by 50% from 4.3 per dollar from 2.15 per dollar, along with several other silly little limits.  This is continuing the theme of currency devaluations from late 2008 and 2009.  But the evaporation of currency is not only limited to third . . . → Read More: Chavez Evaporates Venezuelan Bolivar And Leads Country Into Darkness