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<p>[QUOTE=&quot;coinhead63, post: 1357107, member: 28001&quot;]The non-inflation of the 1800s was due in part to the fact that we were mining gold and especially silver faster than we could spend it.&nbsp; Look at all the Morgan dollars that were bagged and put in the mint vaults, post office vaults, etc.&nbsp; We had silver comming out of our ears.&nbsp; Also we found so much gold we had to build two additional mints just for that (Dahlonega and Charlotte).&nbsp; So many of the mines that created the gold and silver rushes were so depleted that they became unprofitable to mine.&nbsp; There&#039;s still gold and silver to be found in these regions but untill PM values rise far enough, not many will invest in getting it out of the ground.&nbsp; Who knows what vast PM deposits lie beneath the oceans?[/QUOTE]</p><p><br /></p>

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