Economics

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BULLION

Thursday, 19 January 2012

Survival Wealth Building Tip: Mass Inflation Ahead – Save Your Nickels!

As the economic crisis deepens and the US dollar progressively depreciates until its eventual demise, enterprising minds that act ahead of the masses can come out ahead – sometimes at little or no up front cost. If, for example, you had been aware that US coins like half dollars, quarters and dimes minted before 1965 contained 90% silver, and you had acquired those coins from local banks and business prior to silver’s meteoric rise post-meltdown, you’d have earned nearly 2000% on your investment (Example: 1964 Kennedy Half Dollar acquired for $0.50 for your local bank in 2008 is worth over $11 today!). As the information about these coins spread across the web, it became harder and harder to find pre-’65 coins at local banks. Case in point: Our banker recently told us that in addition to us, there were three other regular “collectors” who come by every week looking for half dollar rolls. With respect to silver coinage, the well seems to be drying up amid lots of new competition.

But what if there was a similar strategy that was available today that could yield massive gains and effectively no cost to you? Would you take the opportunity, invest the time and do the legwork? If so, James Rawles has a suggestion for you.

Save your nickels!...more

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