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Re: TMLonggun post# 18234

Friday, 06/29/2012 2:43:40 PM

Friday, June 29, 2012 2:43:40 PM

Post# of 24249
Designer Bullion

I'm thinking of these.

Pan American Silver is a world leader in the production of new silver. Northwest Territorial Mint is the exclusive mint for the striking of Pan American Silver bullion that has been refined to .999+ purity.

http://bullion.nwtmint.com/silver_panam.php

Comstock should hold a design contest and pick a winning design and mint off a few rounds/bars.
I'd certainly give it a shot.

In regards to a previous question on isn't gold gold?
Yes, but this is Comstock Gold/Silver!

Read into the history of the Comstock and you'll understand why it could command a premium.

I stumbled across this company a few years ago and in doing my due diligence became consumed with
the history of the Comstock.

It was a driving force during the Gold Rush era which compelled people from all over the world to come and try hand at striking it rich. News traveled very slow in the 1800's yet people still pulled up stakes and headed for the Comstock.

In many ways, it's also an analogy of the American Dream.

Silver was largely overlooked in the beginning and the 'blasted blue stuff' was being thrown out because it was interfering with miner's gold rockers.

Until it was assayed later, it was determined what was being thrown away was 90% silver content.
That kicked things into high gear and a lot of the wealth created from that helped build San Francisco.
White Gold.

200 million ounces of silver and 6 million ounces of gold in roughly a 6 square mile area.

Abraham Lincoln rushed Nevada into Statehood (it didn't meet the criteria) so he could fund his
war effort against the south. And even entertained relocating the capital of the North to Virginia City.

All because of the Comstock.

If you research further...you find mining died out in the Comstock due to various factors...still reseaching that bit. But after the quake in 1906, tons of insurance claims held mostly by banks in England had to pay out damage claims. Back then money (gold/silver) moved via ships rather than shooting a bunch of zeros between computer systems. My guess is we saw a lot of gold and silver move back into the area deflating the currencies causing mining to be depressed.

This was followed by WW1 and eventually the US moving off the gold standard in 71.

Fast forward 50 years, and trillions in paper debt, the Comstock may be born again.

I hope so.



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