Ron Paul predicts U.S. Mint cannot source gold solely from American mines

9 articles · Updated · The New York Times · Apr 28

In a recent interview, Ron Paul recalled doubting the feasibility of the 1985 Gold Bullion Coin Act’s U.S.-only gold sourcing requirement.
Paul, then a Texas congressman, foresaw that complex supply chains would make it difficult to ensure gold’s American origin, despite the Act’s intent to avoid foreign, especially South African, gold.
His concerns highlighted the challenges of enforcing protectionist provisions in precious metals markets and foreshadowed ongoing debates about supply chain transparency and the practicality of such legislative requirements.

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