Gold Hits $1,000! What the Gold Price Is Telling Us
April 2008 by Rep. Ron PaulFor twenty years, between 1980 and 2000, the price of gold was rarely mentioned. There was little interest, and the price was either falling or remaining steady. Since 2001, however, interest in gold has soared along with its price.
Some calls from subscribers and advertisers over the past few months have prompted us to remind both buyers and sellers to be wary of fraudulent activity in the prospecting and mining industry.
Gold was mined in the Council Region several years before it was known at Nome, and from this vicinity the prospectors set out and made the Nome placers familiar to the world.
Half the prospecting adventures I’ve done on the Kenai Peninsula occurred in winter. Not because I enjoyed looking for gold among the ice flows or 34-degree water, but on some creeks winter is the best time to find gold after violent swirl holes slow down.
About a half-hour after everything got underway, James came back to Harley, whispering, “Harley, you’re not going to believe this, but I just detected a vein with gold, lots of gold...I mean lots of gold. You’ve got to come and see this.”
The Bawl Mill • Assembling A First Class Mining Property • Quebec Tops Nevada in Survey of Miners • Relocating A Historic Vein • The Lost Silver Triangle of the Sierra Madre—Part I • The Mama John • Australia's First Gold Rush • Government to Buy New World Mine Claims • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices