About the Nothing Store

As Obama and crew print and borrow more and more money, the U.S. dollar faces an uncertain future.

But three cheers for our Unmighty Dollars -- print as many as you like. They're already worth Nothing, so they can't go down in value.

Comments? Email The Nothing Store team!

The Nothing Store issues new currency weekly.


Counterfeiting Instructions:

Click on a denomination above, print the bills, cut them out, and stuff in an envelope. Send to your congressman or senator marked as a CAMPAIGN CONTRIBUTION. They'll get the message! For the address of your congressman, click here for senators and here for representatives.



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NOTHING’S CHANGED

 

July 15.

When we first started publishing the Nothing Store, gold was around $900 an ounce. Now it’s hovering around $1,200, and we see no reason for a change in that trend. Remember, no new uses have been found for gold. It’s only a store of value, and its value is only relative. In other words, gold is not going up in value; paper money is going down. What it says on the currency is telling: Backed by the “full faith and credit” of the United States. Hah! Our faith is shaken and our credit is no longer credible.

It’s sad. We would much rather put our money to work, to buy shares in companies whose products we believe will make life better and turn a profit, but in the current political climate, with adolescent nincompoops in power, all we can do is play defense.

So until the nation comes to its senses and stops this headlong rush to jump over the cliff of statist nonsense, until the grownups regain control, we will still hold gold and gold mining stocks.

We see nothing to indicate that Obama and Congressional leftists have much of a clue. They’ve spent their lives in the airy halls of academia or as professional politicians. They may be glib and clever, but they have nary a thimble full of wisdom, and so they are no better than simple dunces.

There is some hope in the tea party movement, what we call the Rebellion of the Adults. If government can be reduced; if silliness is once again privatized, where it can only amuse and do no harm; if common sense once again is recognized, then it will be time to sell gold and put your money to work.

But don’t hold your breath.