babelfishdude's channel

Iron toonies would be fairly cheap to make. Go to your local dollar store and buy a Iron hammer for $1. Iron is the cheapest and most abundant metal on the planet, 920x more common than nickel.

Nickel back in 1970 was worth a lot. A $100 box of nickels would have bought 40 barrels of oil (a l...

I keep all US nickels. Canadian 5-cent pieces used to be 1.167 grams of silver before 1922.

It was widely spread that during the '30s depression, people used to prefer using the 1922 and later pure Canadian nickels and pennies in the US. You would have had an easier time trading a $20 ten roll...

Lots of copper in Canada, 14 year copper penny advantage on the US.

Come to Canada, we never got around to making prostitution illegal.

One of the stranger differences between Canuckistan and the US.

I don't think anyone in this generation is going to be able to collect government retirement benefits. They will probably raise the age to collect two years every five years or so if things continue the way they are going.

So if you live to be 80, you might see a few dollars coming back.

I think you can make it into a magnet.

When melting and cooling make sure its in a strong magnetic field (IE: place the neodymium magnet near it as it solidifies. This will make even the tiniest impurities all line up properly

Donald Trump is working on his fifth bankruptcy.

Sure - he built a lot of buildings that society has now deemed valueless - requiring the bailout.

But if the Pharoahs built the pyramids using labour that was on borrowed money - who should have to pay?

Chinese pay in silver and gold. Enough said.

They are lowering the margins on initial purchases.

Because they have to. If they don't lower it, all the clients from the now defunct MF global may not re-invest in commodities. They may *gasp* invest in the Chinese stock market instead.

Thats the way I see it. But it may be a non-event.

Citibank changed the rules on withdrawls and therefore closures, last year.

Citibank has the right to refuse withdrawls without seven days notice.

And to add, silver was under $3 an ounce in 1993.

What I wouldn't give to get a cubic meter of silver at spot back in 93.

In a true SHTF scenario like WWII, you have to look at what was in the most demand.

It wasn't copper, silver or gold. It was nickel. Nickel was in such high demand for those four years, that they replaced the 1.25 grams in the US nickel with 1.4 grams of silver. Yes, if things get so bad - Ni...

If you want history:

They used silver in US "War nickels" because Nickel (and to a much lesser extent copper) was in higher demand during the war years. Nickel had topped out at $23/pound in 2007.

In 2011 the Canadian $1 and $2 coin will no longer be made of pure nickel, it is too expensive. ...

Bronze alloy is probably what you are thinking of. Pure copper is actually much like gold in that it is soft and more or less useless.

If you do hoard pennies make sure to have a little bit of tin around. The Bronze age is what made copper useful. Without tin, it would be like having a dough ...