Thanks for the info.

The stock market has been a literal game of Russian Roulette for thirty years ever since the tech companies moved away from dividend-bearing stocks. Add on top of that all the index funds and other derivative "products" in the financial markets, the abnormally-low interest rates (which have destroyed the bond markets and inflated the housing markets with cheap loans) and the absurd amount of debt (consumer, student loan, government) and you have a market set for its biggest fall ever...

These two news items were posted to the E-Sylum weekly email of the Numismatic Bibliomania Society on Sunday the 22nd. Just to note that there is nothing new under the sun, about 100 years ago, from the 1890s forward, hotels washed money for guests who were concerned about catching germs. Also, you might know the incuse Indianhead US $2.50 and $5 gold coins of 1908-1929. The same complaint circulated in the mass media, that the design would trap dirt and transmit germs.

A Bank in Midtown Is Cleaned Out of $100 Bills

This March 14, 2020 New York Times article showed the panic setting in as moneyed people stocked up on cash. -Editor

As the stock market was having its worst day in 30 years on Thursday, customers at a Bank of America branch in Midtown Manhattan, the financial heart of New York, were lining up to take cash out of their accounts — sometimes tens of thousands of dollars at a time.

So many people sought huge sums that the bank branch, at 52nd Street and Park Avenue, temporarily ran out of $100 bills to fulfill large withdrawals, according to three people familiar with the branch's operations. The shortage hit after a rash of requests for as much as $50,000, said two people who witnessed the rush.

The problem was limited to large bills — the bank's A.T.M.s stayed stocked and customers with routine transactions were still able to take out cash. By Friday morning, the bank had refilled its supply of big bills, two of the people said.

But the desire for cash persisted: A teller at a JPMorgan Chase branch across the street said on Friday that there had been a "nonstop" stream of customers stockpiling cash over the past two days.

To read the complete article, see:
A Bank in Midtown Is Cleaned Out of $100 Bills (https://www.nytimes.com/2020/03/14/bu...)

Peter Huntoon writes:

"I got stuck behind a woman trying to drain her bank account $200 at a crack with her debit card at the teller machine outside our otherwise closed bank yesterday."

Maybe they figured it was cheaper than toilet paper... -Editor

Paper Money Shunned For Fear of Virus

So how's that cash stash working out for ya? Here are a couple articles on fears over paper money. The first one was sent by Howard Berlin. Thanks. -Editor

San Francisco Cashless Stores
In a world suffering a pandemic, cash is no longer king.
A growing number of businesses and individuals worldwide have stopped using banknotes in fear that physical currency, handled by tens of thousands of people over their useful life, could be a vector for the spreading coronavirus.

Public officials and health experts have said that the risk of transferring the virus person-to-person through the use of banknotes is small. But that has not stopped businesses from refusing to accept currency and some countries from urging their citizens to stop using banknotes altogether.

To read the complete article, see:
Filthy lucre: Paper money shunned for fear of virus spread (https://apnews.com/167186097f44116220...)

Show us the money -- unless its cash!

That's the sentiment a growing number of businesses around the world have adopted as fear grows over the spread of COVID-19.

Despite assurances from public health officials, some retailers are banning banknotes.

Julie Fischer, a professor at the Center for Global Health Science and Society at Georgetown University, says while there may be traces of the virus lingering on paper bills, it is unlikely virus particles will return to the air, or aerosolize, once on a surface.

Despite the reassurance, some people just aren't ready to risk it.

In South Korea, which has been more successful in stemming the outbreak, the country's central bank took all banknotes out of circulation for two weeks or, in some cases, burned paper money.

The National Bank of Poland said Thursday that "Polish banknotes are subjected to a quarantine" and are therefore safe to use in cash transactions.

To read the complete article, see:
Businesses banning banknotes, asking customers to use credit, debit cards (https://www.foxnews.com/world/busines...)

To read another article, see:
Filthy lucre: Paper money shunned for fear of virus spread (https://www.timesofisrael.com/filthy-...)

When gold and silvver will really be valuable, they will also be illegal, as in the 1930's. Government is designed to serve itself and its minions, at the expense of the citizens who actually gave it the power to rule.

Thanks for the update Mike. I too have been a customer of Liberty Coin for a long time. I have trusted it completely for precious metal transactions.