Page 1 of 1

Great Article "Mexican Silver – Production Collapse!"

PostPosted: Sat Aug 10, 2013 11:01 am
by neilgin1
well worth the read, no comment needed from me:

http://blog.milesfranklin.com/mexican-s ... n-collapse

Re: Great Article "Mexican Silver – Production Collapse!"

PostPosted: Sat Aug 10, 2013 12:23 pm
by sparechange
Good article, and it is interesting how US mining of silver doesn't seem to meet even the demand by our own mint.

Re: Great Article "Mexican Silver – Production Collapse!"

PostPosted: Sat Aug 10, 2013 3:38 pm
by neilgin1
sparechange wrote:Good article, and it is interesting how US mining of silver doesn't seem to meet even the demand by our own mint.


I noticed that...isn't there some "law" that stipulates that silver Eagles are required to be of US silver?....

Re: Great Article "Mexican Silver – Production Collapse!"

PostPosted: Sun Aug 11, 2013 3:08 am
by Computer Jones
neilgin1 wrote:
sparechange wrote:Good article, and it is interesting how US mining of silver doesn't seem to meet even the demand by our own mint.


I noticed that...isn't there some "law" that stipulates that silver Eagles are required to be of US silver?....


I think the law goes something like "coin for business use shall be struck with domestically produced metals".

Since bullion coins (and Proofs maybe?) aren't intended for business use, we get "South of the Border" ores in the fancy shiny stuff as well as USofA Medals.

The stories about using Mummy wrappings to make fiat are pretty interesting if you start researching "Money" composition over the years.