"The Royal Mint has more than quadrupled its production of gold coins in recent months, as the record price of the metal has caused demand to soar.Hyper inflation here we come.
Its output of gold coins during July, August and September rose to 32,736 ounces, compared with 7,500 ounces for the same period last year.
On Wednesday, gold hit an all-time high of $1,152.75 an ounce, and has climbed more than 30% so far this year.
The Mint has also increased production of silver coins, up 56% in the quarter. "
I am not a sheep, I have my own mind
I have had enough of being told what and how to think
Whilst we are still allowed the remnants of free speech,
I will speak out.
I also reserve the right to discuss less controversial matters should I feel the urge.
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Friday, 20 November 2009
Gold update
the BBC report that:
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