[USMA:50988] Re: Why mint coins no one wants?

[a-bruie...@lycos.com]

I know, I have been posting this up everywhere, no one seems to care, gee, I wonder why we are in the mess we are in. Infuriating, I give up on America, it not worth it anymore.

Bruce E. Arkwright, Jr
Erie PA
Linux and Metric User and Enforcer


I will only invest in nukes that are 150 gigameters away. How much solar energy have you collected today?
Id put my money on the sun and solar energy. What a source of power! I hope we dont have to wait til oil and coal run out before we tackle that. I wish I had a few more years left. -- Thomas Edison♽☯♑

On Aug 16, 2011, John M. Steele <jmsteele9...@sbcglobal.net> wrote:

Per this article on dollar coins, the US has $1.2 billion minted reserve of the $1 coins already due to low demand, and by 2016 will have a minted reserve of $2 billion of them.   At 8.1 g/coin (per the Mint), that is 16200 t of excess coins by 2016.   http://www.courierpostonline.com/article/20110816/OPINION03/108160335/Why-mint-coins-no-one-wants-