While precious metals can’t be produced out of thin air, US debt can be financed through central bank money creation. In fact, debt has skyrocketed in recent years.
How has the value of gold and silver coin production compared to the rise in public debt during past presidencies?
Take a look at our infographic to see how US debt and US Minted Gold and Silver correlate.
Texas Precious Metals
Texas Precious Metals (TPM) is one of the largest precious metals companies in the United States. We operate an online precious metals business as well as a retail location in Shiner, Texas, and we run a fully rated underground Class 2 vaulting and logistics center used for short-term client storage, long-term company storage, and retail packaging and shipping services. Since 2011, Texas Precious Metals has processed more than half a billion dollars in client transactions. These transactions represent more than 42,000 orders to all 50 states, accounting for more than 300,000 troy ounces of gold (9.3 metric tons) and 10 million ounces of silver (311 metric tons). Since 2015, TPM has also been the No. 1 seller of precious metals coins on Amazon.com. In 2014, Texas Precious Metals was recognized as the No. 1 “fastest growing Aggie-owned or Aggie-led business in the world” by Texas A&M University, and in 2015, Inc. Magazine named it the No. 200 Fastest Growing Private Company in America.