just in in-tray, much good news that is not dependent on the history channel.
indicative of impending inventory-add along the entire value-chain, and just-in-nick-of-scratching-time revival of usa manufacturing of coins.
as to the canada cat plant closing, suspect the output of the plant was primarily for usa consumption, and so the plant's closing is not exactly good news, except that canadians shall have to find something else to export, like food and fuel for which there are enough takers, so good news to somebodies
oecd exports are devolving back towards the basics of rocks and food, global gain are equalizing, and universal pain are leveling; good news for democracy of majority.
as the currencies made of gold and silver take off due to savings imperative, whether in iran or in texas, savings which is fundamentally different from stock speculation and not the same as bond donation, the people power may do the amazing bullish ramp, allowing the early birds to turn in chips and shop for ... beaten down real estate ... per script video.google.com
as and when and if the rest of the states refuse to underwrite east/west coast real estate worth and forces the too-many hands on capitol hill, perhaps the foundations of a revival of general manufacturing can get underway
From: B
Sent: Sunday, February 5, 2012 6:06 AM
Subject: Comments - Week of Feb. 6
money.cnn.com
States seek currencies made of silver and gold
By Blake Ellis @CNNMoney February 3, 2012: 10:53 AM ET
Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, more than a dozen states have proposed using their own alternative currencies of silver and gold.
NEW YORK (CNNMoney) -- A growing number of states are seeking shiny new currencies made of silver and gold.
Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, lawmakers from 13 states, including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their own alternative currency or explore it as an option. Just three years ago, only three states had similar proposals in place.
"In the event of hyperinflation, depression, or other economic calamity related to the breakdown of the Federal Reserve System ... the State's governmental finances and private economy will be thrown into chaos," said North Carolina Republican Representative Glen Bradley in a currency bill he introduced last year.
Unlike individual communities, which are allowed to create their own currency -- as long as it is easily distinguishable from U.S. dollars -- the Constitution bans states from printing their own paper money or issuing their own currency. But it allows the states to make "gold and silver Coin a Tender in Payment of Debts."
To the state legislators who are proposing state-issued currencies, that means gold and silver are fair game, said Edwin Vieira, an alternative currency proponent and attorney specializing in Constitutional law. And since gold has grown exponentially more valuable, while the U.S. dollar continues to lose ground, the notion has become increasingly appealing to state lawmakers, he said.
The state gold rush: Utah became the first state to introduce its own alternative currency when Governor Gary Herbert signed a bill into law last March that recognized gold and silver coins issued by the U.S. Mint as an acceptable form of payment. Under the law, the coins -- which include American Gold and Silver Eagles -- are treated the same as U.S. dollars for tax purposes, eliminating capital gains taxes.
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