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<p>[QUOTE=&quot;quick dog, post: 88243, member: 4093&quot;]Economics seems like a pretty subjective subject to me.&nbsp; Some call it a science, but I don&#039;t see it that way.&nbsp; I don&#039;t know much about the &quot;flow&quot; of gold between nations of the world, but I do know that FDR&#039;s Executive Orders seriously damaged gold mining in California.&nbsp; Tons of California lode gold will remain in the ground because of FDR&#039;s Executive Orders.</p><p><br /></p><p>Presidential Executive Order 6102 of April 1933, which impacted the sale and purchase of gold, was bad enough, but later he pulled gold miners out of California&#039;s mines because this industry was alleged by FDR to be &quot;non-essential&quot;.&nbsp; Some terrific underground gold mines closed in the early 1940s and were never reopened.</p><p><br /></p><p>The great Idaho-Maryland, Gold Center, and Empire mines of Nevada County were almost connected.&nbsp; The Empire Mine was 12,000 feet deep (on the incline).&nbsp; Once deep mines are allowed to flood, they are almost impossible to reopen due to prohibitive dewatering costs and underground infrastructure damage.&nbsp; Now, because of environmental regulations and a vast army of lawyers, these mines will likely never be reopened.</p><p><br /></p><p>Gold &quot;flow&quot; or not, a lot less gold ultimately made it into the economy because of actions of FDR.&nbsp; :headbang:[/QUOTE]</p><p><br /></p>

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