Barney Miller prediction comes true!!!!
Apr. 22nd, 2006 11:45 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
amediaRemember the episode in which Harris is advised by a man from the future to stop investing in gold and invest in zinc?
AOL just ran an article how the government is losing money by minting pennies (it costs 1.4 cents to make a one-cent piece). Here's an excerpt (emphasis mine):
Appearances aside, pennies no longer contain much copper. In the middle of 1982, after copper prices rose to record levels, the mint starting making pennies that consist mostly of zinc, with just a thin copper coating.
But these days, zinc is newly popular. Rising industrial demand and speculation have sent the price rocketing. Since the end of 2003, zinc prices have tripled. Gold, by contrast, is up only about 50 percent.
AOL just ran an article how the government is losing money by minting pennies (it costs 1.4 cents to make a one-cent piece). Here's an excerpt (emphasis mine):
Appearances aside, pennies no longer contain much copper. In the middle of 1982, after copper prices rose to record levels, the mint starting making pennies that consist mostly of zinc, with just a thin copper coating.
But these days, zinc is newly popular. Rising industrial demand and speculation have sent the price rocketing. Since the end of 2003, zinc prices have tripled. Gold, by contrast, is up only about 50 percent.
