So much for the $1 trillion platinum coin idea. The U.S. Treasury Department said on Saturday it will not produce platinum coins as a way of generating $1 trillion in revenue and avoiding a battle in ...
With Congress refusing to raise the statutory debt limit, some are calling on the U.S. Mint to create a single platinum coin and then "sell" it to the Federal Reserve for $1 trillion. If the Fed, ...
Add Yahoo as a preferred source to see more of our stories on Google. "U.S. debt is practically the foundation of the global financial system," writes MSNBC's Ryan Cooper. If America defaults on its ...
Treasury Secretary Janet Yellen poured cold water on the idea of minting a trillion-dollar platinum coin to bypass the country’s debt limit. The United States hit its statutory debt limit on Thursday, ...
The government could run out of money to pay its debts as soon as June 1, and Congress hasn't acted. One potential solution: Minting a trillion dollar platinum coin to pay off debts and avert disaster ...
Could a $1 trillion platinum coin be the solution to the U.S. government's debt limit crisis? With politicians at a standoff, some senators and other proponents, at the last minute, have renewed talk ...
Platinum may be the most undervalued precious metal, giving it plenty of upside for a catch-up trade. Platinum was the second ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Following the smash success of adding gold ...