Method to Eliminate the National Debt in Five Years and Create Good Jobs

There’s tons of Gold on Federal lands and it has not been mined.

The very best Gold mining firms (top three in the world) can get that Gold without wrecking the land.

Make a deal to sharecrop with them. Provide their men with camp sites, running water, heat, fuel, food, and telephone.

The mining firms will bring their expertise, equipment, and personnel to the site.

The mining firm keeps 75% of the Gold it finds, and remits the other 25% to the US Federal government.

The Federal government mixes the Gold with Titanium and uses the very hard strong alloy to make Gold coins about the size of quarters.

Said coins would contain about .25 oz of Gold each. They would weigh about what a quarter weighs, and they would state their Gold weight contents on the front, and have an American Eagle and Flag design on the back. They would have complex edge features to make them hard to drill, shave, or clip secretly.

The coins would be sold to all persons who wish to own them. Americans first. Then everybody else in the world, starting with America’s allies.

The money would all be converted into US Dollars and the dollars would be used to pay down, and finally pay off the debt of about $34 Trillion.

The land would save the nation, by giving up its Gold, and the Gold would pay the debt, and there would be a balanced budget law enacted to assure that this debt never comes back.

The Gold/Titanium coins would become personal and corporate assets of many Americans which would make them more secure. They would last for centuries because Gold/Titanium alloy is very durable. They would probably not be used as currency to buy slices of pizza. They would take a lot of fiat paper currency out of circulation, thus tamping down inflation. The jobs created would be outdoor jobs, and Americans would benefit from this new employment opportunity.

The impact on our enjoyment of Federal lands would be minimal. It would mean closure of a few places that are now open to the public, but there would be offsetting other places that would be made newly open to the public, possibly some new national parks.

The coming generations of Americans would have more liberty, more agency, more capacity to do as they wish because the burden of interest on the national debt would go down, and more of the newly collected tax revenues would be available to use for new projects and programs.

Experienced Gold mining firms know how to restore the land to its prior condition of beauty and uses. Because of the new roads and facilities, much land would be newly accessible for post Gold mining uses, like residential, recreational, office, and manufacturing.

This whole project could use the building in Washington DC formerly occupied by the Department of Education which will be terminated utterly, and gone totally.

There’s room to do this. The will and the skill are there. The outcome would help America in 36 ways — make us a more solvent, more capable, more ready to cope nation.

This program could be enacted and begun in 2025 by the Congress coming in with the new term of President Trump.

22 November, 2024, in Hagerstown Maryland USA, I am Robert Fenton Gary, BA, MBA, JD