Tuesday 26 June 2012
A coming global monetary crisis will likely result in a massive flight to gold
Today, fiat currencies throughout the industrial and non industrial world are vulnerable to further devaluation. LINK
The Royal Australian Mint is believed to be poised to scrap the five-cent piece as part of an overhaul of Australian coins that will also give the Queen a makeover.
The move — which many retailers support — could upset some consumers, with all transactions needing to be rounded to the nearest 10 cents.
Sources have told The Age that secret preparations for the change have been under way since early this year. LINK
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