Money

Only when the last tree has died and the last river has been poisoned and the last fish been caught will we realize we cannot eat money. ~Cree Indian Proverb

Saturday 5 January 2013

Could $1 trillion Platinum coin solve US debt crisis?

US Fiscal Cliff      
After the tax hikes passed, the next spending cut is postponed for another 2 months, by which time US Congress must cast a vote on country's debt ceiling. A side track of US fiscal cliff, somebody proposed to have a Platinum Commemorative Coin to solve the debt crisis!

Anyway, the influential New York Times columnist Paul Krugman has already dubbed the idea a "gimmick." 

However, it prompts me to look into Platinum investment!!! cos it is quite undervalue now. Look at the the chart below...



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