Free Republic

NEW YORK, NY — After news broke that the bond amount in his fraud case had been lowered from $454 million to $175 million, former President Donald Trump announced he would pay the bond in its entirety with bags of nickels. Trump notified the court that preparations had already been made for a fleet of armored trucks to arrive at the courthouse and begin unloading cases and cases of freshly minted and rolled nickels totaling $175 million. "Beautiful, shiny nickels. So many nickels," Trump said in his announcement. "It's a total sham that I have to pay anything, but...

A bipartisan bill to authorize the U.S. Mint to alter the metal content of coins in order to save taxpayers money will be reintroduced on Thursday, the two senators sponsoring the bill told CNBC exclusively. The bill’s reintroduction comes just days after a new report from the U.S. Mint revealed that in 2022, soaring costs for raw metals drove the price of minting a single nickel past 10 cents, or more than double the value of the coin itself. GOP Sen. Joni Ernst, of Iowa, and Democratic Sen. Maggie Hassan, of New Hampshire, say their legislation is designed to cut...

I had the opportunity this afternoon to connect with Peter Schiff, CEO and Chief Global Strategist of Euro Pacific Capital. It was a fascinating conversation, which took place while gold was absolutely collapsing. During the interview, Peter explained that today’s sell-off, triggered by a Goldman Sachs sell recommendation was based on the “false idea” of European Central Bank gold sales hitting the market. Instead he explained, gold is preparing its move “from weak hands to strong hands”, before heading to new all-time highs. When asked his thoughts on the complete panic in the market this afternoon, Peter commented that, ”Gold...

The U.S. is following Canada's footsteps regarding the production of pennies and nickels. According to U.S. Treasury Secretary Tim Giethner, our U.S. Mint intends to remove the penny and nickel coins from circulation beginning early in January 2013.

Is The U.S. Mint Going To Change The Metal Content Of The Nickel?Wednesday, March 9, 2011Robert Wenzel The current composition of the U.S. nickel is 25% nickel and 75% copper. It currently costs roughly 7 cents worth of this metal combination to make a nickel. Not a very profitable operation for the U.S. Mint. This may be change. The United States Mint announced on Monday that it is requesting public comment from all interested persons on factors to be considered in conducting research for alternative metallic coinage materials for the production of all circulating coins. According to the Mint: These...

Why You Need To Own America's Last Honest Currency, Now Robert WenzelFeburary 18, 2011 I have been writing about the great investment opportunity in nickels for some time. Nickels are an inflation hedge. Nickels are a deflation hedge. And you can buy them at a discount to their metal value. What's not to like? Gary Gibson does a great job of explaining the dynamics of the nickel: Every single circulating nickel still has 3.75 grams worth of copper each…along with 1.25 grams of nickel. Copper is currently about $4.46/lb. Nickel is currently about $12.97/lb. So if you do the math,...

Why You Need to Own Nickels, Right NowRobert WenzelSaturday, February 5, 2011 On November 11, 2010, I wrote in the EPJ Daily Alert: Back at the commodity level, copper is the latest to hit a record at $8,966 a ton. Copper is certainly not a "goldbug" play and is simply an indicator of economic (inflationary) demand. At some point, nickels, which are mostly made of copper, will start to disappear from circulation. There's right now 6.2 cents worth of metal in a nickel [Note the value is now up to 7.2 cents.-RW]. When I run into someone that does not...

OBAMA REVEALS ANTI-GUN U.N. INTENT; SENDS EX-SEATTLE MAYOR AS REP Thursday, September 16th, 2010 BELLEVUE, WA – The appointment of anti-gun rights former Seattle Mayor Greg Nickels as an alternate representative to the United Nations has removed any doubt about the Obama administration’s intentions regarding global gun control initiatives, the Citizens Committee for the Right to Keep and Bear Arms said today. Nickels, a founding member of Mayors Against Illegal Guns and the author of Seattle’s failed attempt to override Washington’s state firearms preemption statute, was sworn in Wednesday to “help represent the United States in the UN assembly,”...

To display your displeasure, simply mail 30 nickles to his office... http://bennelson.senate.gov/services/offices/ Ben will pocket them for his retirement fund.

In response to recent incidents of violence, including a shooting on May 24 that killed three people at Seattle's Folklife festival, Seattle Mayor Greg Nickels has recommended that all city departments consider a ban of all concealed weapons on city property. The ban would make it illegal for anyone to carry a firearm on properties including the Seattle Center and City Hall, even with a concealed weapons permit. State law already prohibits firearms in schools, courthouses and jails. It would not affect city streets and public sidewalks that are not being used for city events, parking garages and lots, city...

SEATTLE – As part of Seattle's campaign to combat global warming, Mayor Greg Nickels plans car-free days throughout the city. He has enlisted the help of a group of eco-friendly moms to make his latest environmental push forward. Exact details about car-free days and locations will be revealed at the mayor's press conference Wednesday morning, but one of Seattle's favorite beach communities is expected to top the list. On some days you can't find a parking space at Alki Beach, but on one upcoming day people may have Alki all to themselves. "On Sunday, September 7, from 12 to 6...

WHEN IT comes to a city plan to keep concealed weapons from public places, Felix Arena, proud gun owner, has a few thoughts. First, he says, state law gives him the right to carry concealed firearms with a permit. So what gives Seattle the gumption to trump that? Second, he says, the plan would be hard to enforce unless the city wants airportlike security in parks and other properties. Wands and metal detectors cost money and are a hassle for crowds. Third: "It's just bulls - - -," Arena summed up during a break from his checker job at a...

Frustrated by the state and federal gridlock on solving Seattle's transportation problems, Mayor Greg Nickels suggested secession at a Thursday luncheon.

The son of Seattle Mayor Greg Nickels was sentenced to three months in federal prison Friday for his role in conspiring to cheat the Nooksack River Casino out of more than $90,000. Jacob Nickels was one of 24 people charged in May in connection with a multistate casino-cheating scheme in which bribed employees dealt pre-recorded, unshuffled playing cards. Teams of swindlers, led by members of a San Diego-area family, fanned out to 18 casinos around the country to execute the "false shuffle" scam in games of blackjack and mini-baccarat. Prosecutors say the ring cheated casinos out of millions of dollars....

Seattle - In an open letter to Santa last week and a speech to children at Seattle’s Annual Christmas tree lighting ceremony at Westlake Center, Seattle Mayor Greg Nickels last week offered a Grinch-like tone, grumbling about climate change threatening Santa, telling kids “I hope the reindeer can swim,” and blaming them and their energy-sucking video games for melting Arctic ice. As Nickels spoke, his assistants handed out stickers admonishing the crowd to “Save Santa.”

"Two dozen people cheated casinos in several U.S. states and Canada out of at least $3.3 million over five years by using technology and bribes to rig card games, federal prosecutors alleged in unsealed indictments." (snip) "The three indictments unsealed name 24 defendants, including the son of Seattle Mayor Greg Nickels, in an alleged racketeering enterprise dating from March 2002. The so-called Tran Organization allegedly was based in California."

An 84-year-old South Jersey woman hits the nickel slots for $10 million. By Troy Graham Inquirer Staff Writer One happy grandmother, Josephine Crawford of Galloway Twp. talks to reporters after her record win at Harrah's Atlantic City. One happy grandmother, Josephine Crawford of Galloway Twp. talks to reporters after her record win at Harrah's Atlantic City. Down to her last credits on a nickel slot machine, an 84-year-old retired waitress hit for an improbable sum of money Tuesday night. $10,010,113.48. The largest jackpot ever in Atlantic City. The largest jackpot ever on a nickel slot machine, nationwide. And certainly the...

Plot to cash in stolen nickels unravels when Florida store reports big deposit MIAMI (AP) - A plot to cash in 20 tonnes of stolen nickels fell apart when a grocery store reported an unusually large deposit in one of its coin machines and a tip came in about bags of buried money, court documents said. Four men charged in the theft of a U.S. Federal Reserve shipment made an initial court appearance Monday, as the FBI searched for 896,000 missing nickels, or $44,800. A total of $135,200 worth was found buried behind a stable and one of the men...

The search for $180,000 in missing nickels ended in the back yard of a Miami-Dade County house today. A joint task force including the DEA, FBI (news - web sites), Immigration and Customs Enforcement and detectives from the Miami-Dade County Police Department, found the nickels buried in the back yard of a home in an area near Miami known as the Redlands. Law enforcement officials searched the home this morning and found nothing. They searched a smaller house behind the main residence and reportedly found 88 plants believed to be marijuana. When agents went over the back yard with metal...

MIAMI, FLORIDA -- A truck driver has disappeared with the 3.6 million nickels he was hauling to the Federal Reserve Bank in New Orleans, police said Friday. Angel Ricardo Mendoza, 43, picked up the coins, worth $180,000, Dec. 17 from the Federal Reserve in New Jersey and was supposed to haul the cargo--weighing 45,000 pounds--to New Orleans for a trucking company subcontracted by the Federal Reserve, police said. On Dec. 21, Mendoza's empty truck and trailer turned up at a truck stop in Ft. Pierce, Fla. Miami-Dade police, the FBI and the Federal Reserve police are investigating.