The Gold Rush of 1849 is a classic part of American history. However, it’s not over. History tends to repeat itself. While all of other Earth’s resources are being drained our favorite golden metal is still widely available. According to analysts, approximate 95% of all golden material that has ever been mined is still available. Looks like the USA has another rush on their hands.
USA READY FOR NEWEST GOLD RUSH
The global demand for gold is at record high levels this year. Somehow, though, the prices are falling. The reason for this has to do with cost. The cost of mining just an ounce of this precious metal is higher than what most can even sell it for. Anyone who knows business knows this means a loss. This is more of a recent scenario though but there is a way to change the situation. If the USA can find a way to lower the cost of mining, they’ll be raking in the profits far ahead of the rest.
USA SITTING ON A GOLD MINE
The key for the USA lies in geologist Wade Hodges. He invented a new technology that will help mining operations explore and find new sourcesĀ of gold. Furthermore, it’s environmentally friendly and much cheaper than standard mining practices. This will allow mining operations to tap into these massive sources and still turn a profit. Some believe tHodges is about to revolutionize the mining industry and bring this metal to more parts of the world than ever. For those that think this metal is an obsolete currency. Think again.
GOLD IS STILL MONEY TO THE USA AND THE WORLD
The U.S. banks and the government might tell you that paper money is the currency but that’s not necessarily true. For over 4,000 years we have used golden metal for money. It’s only due to the government in the last 100 years that has changed that. Everywhere around the world, precious metals are the universal currency. Forget bitcoins and benjamins. The golden standard still reigns supreme and it’s about to make America great again.