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British Royal Mint goes into bullion business.
Not sure what all the product ramifications will be but at least one aspect will affect some of us: Britannia gold & silver coins will change from the current 22 kt gold (.917) and Britannia Silver (.958) to .999 pure for both.
link: http://blog.royalmint.com/the-royal-...ullion-market/
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In economics, rent-seeking is an attempt to derive economic benefit by manipulating the social or political environment in which economic activities occur, rather than by adding value.
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