by Survival Joe | Economics • Guest Posts • Precious Metals
|You Won’t Believe What We Found Inside The New Penny
05.29.2015 by Patrick Bove, Stansberry Research
There have been widespread reports of a problem with the new 2015 U.S. penny. You may have one of these coins in your pocket or in your car. But I doubt you’ve heard this side of the story.
And the government’s problem with these new coins could be yet another warning sign, signaling America’s next financial collapse.
What’s wrong with the new penny?
Well you may not realize it… but the 2015 coin is quite different from the old copper penny most of us grew up with. The government has been searching for newer and cheaper metals to mint pennies at the lowest possible cost.
But despite these efforts, the government is still losing a fortune. And powerful forces in Washington are arguing for an abrupt end to the production of the popular coin – as has been done in Canada.
According to former Congressman, Ron Paul:
“The new zinc penny can’t even buy a penny! It costs the government nearly 2 cents to make one of them. And the same thing is happening with the American nickel. Today it costs the government almost 10 cents to make a 5-cent nickel.”
Most people haven’t noticed this change.
But Congressman Paul believes yet another clear warning sign that his final prediction – the complete destruction of our currency and our monetary system — is inevitable.
He says, “The warning signs are obvious if you know where to look.”
In particular, Dr. Paul says the problem our government is experiencing with the penny is far more important than most people realize.
And it’s a symptom that has preceded some of the greatest monetary collapses in human history. From Ancient Rome, to Weimar Germany in the 1940s, to the modern-day struggles of Zimbabwe and Venezuela.
Your Savings are Not Safe
That’s why Dr. Paul recently worked to help put together a short video presentation that explains the #1 first step every American should take to prepare for America’s next, inevitable crisis.
I strongly suggest you take a look at this fascinating piece he has prepared.
Odds are, you’ve never seen him quite like this.