Fed Critic Mulligan Mint Files for Bankruptcy

“A Dallas mint that makes commemorative coins and ‘alternative’ money for people who are wary of the U.S. dollar has run into problems with its own finances. The 25-worker Mulligan Mint Inc.—which has the power to create a ‘complementary currency system that can fill in the blanks where the U.S. dollar lets us down,’ according to its president—has filed for bankruptcy after officials in June discovered that part of a $1.4 million shipment of silver was missing.  Mulligan Mint’s bankruptcy stops Republic Metals, which has sued the mint, from taking any more of the plant’s property. The county’s sheriff already took $200,000 worth of silver and gold amid the dispute.”

http://blogs.wsj.com/bankruptcy/2013/09/20/texas-coin-maker-for-fed-estranged-files-for-bankruptcy/

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