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Replies: 2 / Views: 431 |
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Bedrock of the Community
United States
11880 Posts |
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
Edited by numismatic student 02/12/2026 6:50 pm
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Bedrock of the Community
 United States
11880 Posts |
Some recent developments that make the current situation different from the one that existed in 2011 and 1980. All 60 critical minerals identified by USGS, including silver will be included in the Project Vault stockpile.
Silver is considered part of the U.S. critical minerals framework as of late 2025, but it is not currently held in the National Defense Stockpile (NDS) as a strategic reserve. Silver was formally added to the U.S. Geological Survey's (USGS) list of critical minerals on November 6, 2025, recognizing its importance to national security and clean energy.
Key details:
Critical Mineral Status: As of November 2025, the U.S. officially added silver and copper to the list of 60 minerals deemed vital to the U.S. economy and national security. Strategic vs. Working Stock: While not in the primary defense stockpile, the U.S. Mint maintains working stocks of silver for producing coins. Historical Context: Large, historic silver stockpiles from the mid-20th century were liquidated by the government, with almost all of it gone by 2000. Future Outlook: The 2025 designation as a critical mineral may lead to future government initiatives to strengthen domestic supplies.
Although officially classified as a "critical mineral," it should not be confused with the strategic, combat-ready reserves held for long-term defense purposes.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
Edited by numismatic student 02/12/2026 6:49 pm
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Moderator
 United States
187446 Posts |
Very interesting. 
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Replies: 2 / Views: 431 |
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