Wednesday, January 24, 2007

400% Return! Minimum Investment: One Penny

Did everyone pay attention when I wrote the article last month about the melting value of pennies being worth more than the face value of the penny. The government was so concerned that they also put a restriction on the export of the coins.

Now the Fed is talking about 'rebasing' the penny, by changing the value of it from one cent to five cents. Hoarders are already stockpiling pennies as a speculation. If this proposal goes through, that would be a pretty substantial return on a one cent investment.

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