FRIDAY MAY 23
Curse Of The Silver Coins

Traders have long spoken in hushed tones about the silver coin-betting that goes on behind closed doors (including melting the coins to deliver against straight silver futures contracts, which is illegal). Here’s why the U.S. government has decided to take a page from its food-rationing days of World War II and the gasoline-conservation era of the 1970s to impose quotas on yet another precious commodity: 2008 dollar coins known as silver eagles.

May 2008

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