The easy gold has been found. The hard stuff is way, way down.
The show on TV shows the work to get 1,000 ounces. And that is just sifting dirt.
I saw a statement somewhere once that claimed that all of the gold ever mined in the history of the world would fit into a 60’x60’ cube. But if annual global production is over 3,000 tons, I find that claim very hard to believe.
For some reason, I thought South Africa would be higher.
I always hoped that Sheriff Joe would have used his prisoners to pick cotton.
Opinion piece from Forbes.
“Gold Is ‘Money’ Because It Is Plentiful, Not Because It Is Scarce”
Mexico is number nine. It is amazing how rich Mexico is in natural resources. They have gold, silver, minerals, oil, and the best fishing waters in the world. They have arable land. They have fresh water flowing down from snow capped mountains. They can grow every crop that grows in California plus coffee, bananas, pineapple, and other tropical fruits that do not grow in California.
I hope that Trumps throws these facts into the faces of the cleptocrats who run that country.
My great great Grandfather and his brother left Indiana in 1850 and went to the Sacramento area walking with a wagon train.
They came back in 1854 with $10,000 in gold coins. That’s about $275,000 in today’s cash. I still have an 1854 2 1/2 dollar Liberty coin they brought back. .
Big deal, it’s shiny. Don’t understand why it’s so valuable.
As far as I know, the Lost Dutchman’s mine in the Superstition Mountains hasn’t been found yet.