Gold in New Zealand
July 2007 by Jim FosterIn 1965, I visited New Zealand and saw a South Island goldfield. I knew very little about gold at that time and stopped only long enough to peruse a few relics and old photos on the pub wall.
It is my belief that these trends toward rising budgetary and trade deficits, escalating monetary creation and interest rates that are being held at artificially low levels will continue and I believe that further US Dollar weakness has now been built into the system.
Today, a Canadian company is reviving the mine to take advantage of silver prices that have tripled since 2009, giving the few dozen residents still living in the area more action than they’ve seen in decades.
• What goes up, must come down.
During the mid-1800s until about 1920, the settlers of the West tended to be quite optimistic, but in reality they flew with a wing and a prayer.
The year was 1956. The place was a silver mine in Silverado Canyon, California. To familiarize you with the area, Silverado Canyon is located in Southern California near El Toro Marine Base, which is located near Majeska Peak.
The theory of making the gold wheel work is really very simple—classification. When all the materials introduced into the wheel are classified to the same mesh, the heaviest materials will be extracted...
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