[Ground0]

With gold hovering @ $1200 an ounce, it only common sense to focus on domestic gold production. It would solve a lot of problems....unless you struck oil in the process.

[eclecticEel]

With gold hovering @ $1200 an ounce, it only common sense to focus on domestic gold production

It would be far better to produce useful items like cars, computers, pharmaceuticals - really anything, rather than throwing investment money into the pit of a neomercantilist gold mine. Gold is a pretty metal, and does have some practical engineering uses; but it's can't sustain an economy.