Insane “Trillion Dollar Platinum Bullion Coin” Option Ruled Out By U.S. Treasury To Avert New Debt Crisis

http://www.goldcore.com/us/gold-blog/insane-trillion-dollar-platinum-bullion-coin-option-ruled-out-by-u-s-treasury-to-avert-new-debt-crisis/


Pressure is mounting as Treasury Secretary Jack Lew said earlier this week that Congress would need to raise the nation’s borrowing cap by November 3 to avoid a potential default.
“If Congress fails to raise the nation’s debt ceiling by that date, the US could risk a first-ever default on its obligations”.
Brett LoGiurato, writing in UK Business Insider, points out that as a resolution to the US  debt ceiling is still unclear, “speculation has popped up once again about two popular theorized “work-arounds” — the 14th Amendment and the “trillion-dollar platinum coin.”
Read more in “Treasury again rules out the ‘trillion-dollar coin’ option to avert the debt ceiling”