This announcement should come as no real surprise. The Fed Reserve and US Govt are actively engaged in a dollar debasing strategy in order to prop up the lagging US economy.
As the dollar falls, imports must go up in price. Especially those imports coming from countries with strong currencies, such as China (many say its yuan would be stronger without their govt's intervention).
As China gets wealthier its labor cost advantage relative to the US will gradually dissipate. Good news for you guys who like to paint?
Meanwhile its new found wealth will lead it to consume more raw materials, driving up commodity prices.
Both of these macro trends will be in place for years.
The good news is your current collection should rise in dollar value. But gold or silver may be the better "metal investment".
....Good one
May I ask what figures that pricing refers to? Here of course, we do not see prices in £ but given the rate of exchange I just saw, those prices don't match up with what is posted on the FL site in $ converted to £?
That said I think what's bugging me the most is that this seems like a drastic and unprecidented move which is surprising all of us. I'm used to new product being priced high, but adjusting old stock is new. Surprising and very disappointing news however with poor currency and macroeconomic issues swirling around us our little hobby was bound to be hit. Bottom line once again will be how many customers will K&C lose at the margin? Afterall if they can keep increasing sales and prices then they are a business and would be foolish not to in the name of increased profits. For most of us we'll just have to be even more selective ( read fewer purchases ). At some point for such a small niche business I have to believe if most collectors are cutting back then that's got to hurt K&C's bottom line. Time will tell. In the meantime its just pay, pay, pay.....if you want to play. 
You better believe gold and silver are better metal investments
