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<p>[QUOTE=&quot;RickieB, post: 44648, member: 2486&quot;]Gentlemen,</p><p>&nbsp;It is my understanding that all coins produced by the mint are done so with metal precious or not that is mined and produced in the USA. I am also under the impression that the legislature behind the approval/law granting the coinage is done so by the US Congress. As for stock piles, there are many differing opinoins on this matter. I for one used to think that our monatary system was backed by gold known as the &quot;gold standard&quot; however, this is something of the past I am told. If any others out there have a clear and defined knowledge of this please enlighten us to the new &quot;Fort Knox&quot;</p><p><br /></p><p>Regards,</p><p><br /></p><p>RB&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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