Lincoln Silver Dollar

Later this month the US Mint will issue a new silver dollar with a portrait of a youthful Lincoln on the head side and a short extract from the Gettysburg Address on the reverse side.  Production of presidential $1 coins is expected to increase as the US Government undertakes a marketing push to get them accepted.

Get the Lincoln silver dollar from the US Mint

According to a UK newspaper the boss of a well known financial firm reckons that the last time things were this bad (in the 70s) he and his colleagues took to hoarding krugerrands

“Warming to his theme, Winterflood regales me with tales of hoarding food in the attic and burying krugerrands – solid gold coins – in his garden, so fearful was he that Britain’s financial centre was about to implode.

So it is chilling when Winterflood, chairman of the City dealing firm that bears his name, declares the current financial crisis the worst he has witnessed.”

Time to bury gold coins in the garden?