TUESDAY, AUG 15, 2023 – 11:05 AM Authored by Charles Hugh Smith via OfTwoMinds blog, After all, “they can always print more money.” That’s always the solution until it becomes the problem. What we call economics is best understood as: 1. A mechanism that distributes resources asymmetrically: some benefit more than others. 2. The running of the…
BY TYLER DURDEN TUESDAY, AUG 15, 2023 – 08:30 AM | ZeroHedge At the start of August, Fitch Ratings downgraded the US government’s top credit rating. Last week, Moody’s cut the credit ratings of small and midsized US banks because of higher funding costs, potential regulatory capital weaknesses, and rising risks tied to commercial real…
From a tiny mintage of just 751 pieces, the 1885 Liberty double eagle is a rare issue in all grades today. The small mintage was a consequence of contemporary Mint policy, which sought to reduce production of double eagles and increase the circulation of the five and ten-dollar denominations. The Philadelphia Mint followed this policy…
Commentary: You know when your country has implemented terrible monetary policy when your fellow citizens consider the U.S. Dollar a safe haven… Could this be a pre-cursor to the United States currency? The publication Central Banking reported on April 27 that Argentina was importing its bank notes from several countries. On May 22 The Guardian newspaper reported Argentina’s newest…
We are offering the following group of certified AU 1875-S $20 Liberties that have been around too long, at heavily discounted prices. 1875-S $20 Liberties 7 x AU53 @ $2,350 CU $2700 17 x AU55 @ $2,380 CU $2800 9 x AU58 @ $2,395 CU $3000 Minimum order is five (5) coins. Call or to confirm We…
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