"I was struck by a comment from Tim Geithner that the US is going to be phasing out pennies and nickels in early 2013.  The reason he gave was that it costs a great deal more to make them than they are technically worth."


"I think this is indicative of where we are headed and the immense inflation which has been building in the system. This inflation will just intensify because of the monetary debasement that's picking up speed."


In closing here I would just like to add here that I am extremely bullish on silver. I just think the picture for silver is exceptional. There are still limitations and physical tightness in the silver market. In the end, that will overcome these massive paper short positions which have been dominating the market for years."

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