Zero Hedge Week in Review

Some interesting things from Zero Hedge that I think are worth reading. 

The Con of the Decade:  A guest post with a logical explanation for why inflation will not turn hyper-inflationary, based upon the "other side" of the trade.  Meaning, debt is an asset to those who hold it to earn the interest.

FBI Raids Chuck E. Cheese:  I thought I had blogged about this before, but perhaps not.  I suggest you read the back story from the Daily Reckoning first, before reading the satire of von NotHaus' conviction.  I mean, if someone wanted to giving a silver coin that is meant to represent a US Quarter Dollar (but is .999 pure silver and a metal content value of say, oh, like $15), wouldn't you accept that as payment on goods and services?  Read the satire, it is funny, in a somewhat scary way.

Misery Index All Time High:  This one is from 3/29.  Oops.  I told you dear reader I had a back log of posts.

$1,800 Gold By October: Ben?  Is that you!?!

TEOTWAWKI preps inflation, 47% in 6 months:  Enough said.

And...last one for the week, which is more survival / prep minded here: Keeping Capital in a Depression

Of course, you don't need me to read www.zerohedge.com.

Finance Friday (In Short form): Virginia Alt Currency

As I get back into the swing of things for the new year, I will get back to some meaningful finance Friday posts, but this one could NOT go over looked for the week.  The Virginia State Legislature has created a subcommittee to study an alternative currency to the US Dollar should it fail to remain stable (haha as if it is stable) and disintegrates into a black-hole.

When states start to look at currency alternatives, as well as Bullion Vault running out of gold and silver, and the US Mint hitting it's highest level of sales of silver ever, it might be time to rethink green backs.