Gatos Silver posts solid 2024, preps takeover by First Majestic
The deal will merge Gatos’ main Cerro Los Gatos mine with First Majestic’s San Dimas mine in Durango, and its Santa Elena operation in Sonora.
Newly reelected Montana lawmaker Jerry O’Neil wants his salary in gold since he has no faith in US dollars, according to Politico.
“It is very likely the bottom will fall out from under the U.S. dollar. Only so many dollars can be printed before they have no value,” said O’Neil, who believes gold-backed currency is specified in the constitution.
“I believe that if you take a look at the Constitution, that’s what it says. Actually, I think we’ve gotten a tremendously long way from it,” O’Neil told Politico.
The Republican lawmaker earns about $7,000 annually.
Image of Montana State Capitol by Tracy Elizabeth and Flickr Creative Commons
