Pages

Sunday, 4 October 2009

Suspended..............from Rico

I doubt very many people have noticed, apart from a handful of coin collectors, but the US Mint has 'temporarily suspended' production of 1oz silver and gold bullion coins.

So, while there will be no olympic gold or silver for Chicago, there will be no physical gold or silver for you...Mr & Mrs Common Taxpayer either.

I really had to admire the clarity of our Government's language on their website. Get a load of this:
- "production has been temporarily suspended because of unprecedented demand...the US Mint is required by public law to produce these coins in quantities sufficient to meet public demand..."

Did you get that? Due to demand, we had to halt production because the law requires us to meet demand.

Wonderful.

The same deep-thinkers that gave us such an easily understood tax code will doubtless work wonders with healthcare, eh?

At least, for now, we can pay our taxes in steadily shrinking paper dollars (greenbacks) and not gold.

2 comments:

Nota reargunner said...

It's fallen right out of my pocket...

Oswald Bastable said...

The price of primers is still up, though!