Monday, February 21, 2011
Why You Need To Own America's Last Honest Currency, Now
Why You Need To Own America's Last Honest Currency, Now Robert WenzelFeburary 18, 2011 I have been writing about the great investment opportunity in nickels for some time. Nickels are an inflation hedge. Nickels are a deflation hedge. And you can buy them at a discount to their metal value. What's not to like? Gary Gibson does a great job of explaining the dynamics of the nickel: Every single circulating nickel still has 3.75 grams worth of copper each…along with 1.25 grams of nickel. Copper is currently about $4.46/lb. Nickel is currently about $12.97/lb. So if you do the math,...
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