Sunshine Mine Video Brings Back Painful Memories
October 2002 by Associated PressWhen a federal employee decided to make a safety video for miners, she didn’t expect to reopen 30-year-old wounds from one of the nation’s worst mining disasters. But a roomful of tough men had watery eyes as they watched the film “You Are My Sunshine,” which recounted the Sunshine Mine disaster of 1972 that claimed 91 lives.
Some financial commentators have speculated that bitcoin and other virtual currencies have captured a portion of funds that would have been invested in gold. I find it a bit ironic that people who invest in precious metals would even consider another fiat currency.
There are numerous legends involving “lost” Spanish mines and treasures in central Texas, some of which have actually been found. The most famous mine, which remains lost, is the San Saba.
Over 200 panners competed in this two-day event to decide who was the best of the best.
In the 1800s, rich silver and gold mines along the eastern Sierras were supplied from Los Angeles by a wagon road with an important stage stop at Freeman Junction. Wagons carrying the gold and silver back from the mines to Los Angeles followed the same wagon road. A cottage industry of robbery arose where numerous individuals made a living holding up these wagons and making off into the hills with the loot.
Guyanese gold deposits occur in deformed and metamorphosed greenstones made up of alternating mafic to felsic volcanic and sedimentary rocks intruded by granitoid basoliths and stocks.
The combination of these two concerns—the drift toward socialism and the willingness to violate law—appear to me to be capable of raising the level of civil disorder to a point where such disorders could be positive influences on the price of gold and silver.
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