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Investments => Financial Markets and the economy => Topic started by: Admin on January 30, 2012, 09:55:42 am

Title: Metal coins are made of is worth more than the currency!
Post by: Admin on January 30, 2012, 09:55:42 am

A 2p piece is worth 3p as copper.
A 10p is worth 4.5p in Nickel.
A gold sovereign used to be £1 in 1608 is now worth £228.

Title: Re: Metal coins are made of is worth more than the currency!
Post by: The Prophet on January 30, 2012, 11:30:57 am

That's QE, inflation and government devaluation for you.
The pound in your pocket isn't worth a pound any more!