Since 1913, the Federal Reserve has stolen over 95% of the value of the dollar from the American people. One of the effects of this inflation and devalution is that it is becoming less and less feasible to mint coins in the precious metals in which they were originally minted. In 1965, silver, due to its relatively higher prices, was completely removed from the metal composition of dimes and quarters and reduced by over half in half-dollars. Then, in 1982, the U.S. penny was switched from 95% copper to 97.5% zinc due to the copper in the penny being worth so much more than the face value of the coin. Now it looks as if the nickel will be the next U.S. coin to get its metal composition adjusted. The nickel and copper content in a U.S. nickel is currently worth 7.3 cents. Add another two or two-and-a-half cents for the cost of minting the coins, and the U.S. mint is spending the equivalent of two nickels for every nickel they turn out. Last year, Canada switched over their nickels from a completely nickel and copper coin to a 94.5% steel and 3.5% copper core with a 2% nickel plating, and it is very likely that the U.S. will follow suit within the next couple years. If any of you are looking for a good solid investment, get your hands on several hundred dollars (or more) worth of U.S. nickels, hold onto them until the U.S. switches over to steel nickels and the price of the metals has risen sufficiently high, and then sell your coins to be melted down. With the way metal prices have been climbing, this would be an easy way to triple or quadruple your money over just a couple of years.
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