Cancel the "penny", prepare for the "dollar"

The news that the penny coin costs about 12 pennies for manufacturing is not a question of cancelling the penny itself. It is a question of awakening and changing the government monetary policy. It simply means that not only the penny is devaluing, but also the dollar, the savings, the value of our job. And that is the real problem.

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Get the government out from the banking

What is the reason EU is trying to regulate the bank bonuses? Aren't the banks private enterprises, and isn't it a right to shareholders to decide about compensations? And are the bonuses the main problem of banks today?

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Gold correction deepens, increasing the chances to buy cheap

May be I am repeating myself, but I can't miss the chance to say: "Buy Gold". At $1609 it is a very profitable deal. Just look at Spain with its corruption scandal, and Italy with the incredible revival of Berlusconi and everything looks clear enough. There will be a major turbulence in EU very soon.

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Soros out of Gold - do you believe this?

The previous time George Soros said in public he is going out of Gold, the metal soon after that jumped up. Some analysts said Soros has made a big mistake. But it is not sure he had done it. Nobody knows what were the real investments of Soros. We all know only the official investments, that have a propaganda value, and are used for this purpose. I.e. it is absolutely possible Mr Soros to be "long" on gold, while his publicly known funds are "short". In fact making business is a private issue and you can not make it if everyone knows your plans. So let's not think Soros is a fool and says everything. In one of my fiction stories ("Jews") there is an investor called Mr Goldberg who is buying physical gold at the same time he is demonstratively selling "paper" gold...

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Surrealistic tax-ideas speed up in EU

There is an economic test with a market with only 2 companies. They both sell their product at $100 per piece. Every company has a 50% market share. At one moment one of the companies reduces the price to $99 per piece. The other keeps its price at $100. What do you think happens? May be the second company is losing 1% of its market share and becomes 49%, while the other gets to 51%? Absolutely no. In fact the second company is losing all its market share, because all the customers are moving to the first, thanks to 1% lower price. That is the real economy.

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