Getting Down to Brass Tacks

What is it with all these peaks? Well a few minutes watching Dr. Bartlett’s explanation will sum it up nicely. Link Gold extraction hit a peak around 1997-99 and with a feverous scramble reserves were added to the mix to push the gold production peak to 2001. Does this really matter to the economy, after all we cannot burn gold in our cars. Gold has no nutritional value and unless you’re a king, walking around adorned with gold is just asking for trouble. I think it makes a startling point that seems to be lost in the peaking of lackluster commodities such as oil, gas and soybeans. All our resources are becoming harder to extract and produce. They inevitably will become more expensive and their rarity will change the way we live our lives. This cheap access to ‘stuff’ cannot be taken for granted any longer. Peak gold posed another serious problem. As you may know, Russia and China are starting to insist the world go back to a currency system based on gold. Is there enough gold to do this? Not unless gold was over $5000.00/ounce. If we think about making sacrifices in these times of hardship perhaps we should consider moving to a bronze standard. Bronze is made of copper and tin so if we extract all the copper piping from the foreclosed housing market and recycle all the tin roofs we would be poised to create a stable dolor backed by bronze. The automotive industry is down, the service sector is failing, the smart move here is manufacturing and I can in vision, if done correctly, the United Stated fast becoming the largest exporter of brass tacks. We can only pray… Source