The Trail of ‘98
October 2008 by Chris RalphOn June 16, 1897, the steamer Excelsior cruised into San Francisco Bay, completing its long voyage from Alaska. While a ship arriving from the far north was not a particularly unusual event, this one heralded news of something truly big.
Federal safety inspectors have ordered one of the nation’s deepest underground mines closed in northern Idaho following an investigation prompted by a series of accidents that killed two miners over the last year.
• "Scared" Indian sites and Glamis gold
• Regulatory Flexibility Act
• Miner Acquitted
• Environmentalists at it again in Oregon
• Miner owners want high court to overturn ruling
• More of the same from the EPA
According to the article, a U.S. military spokesman said that gold coins have, at various times, been part of official U.S. military survival packs since the Vietnam War.
...for the most part, visible price inflation has remained dormant for the most of that period of time. This state of affairs would appear to contradict both monetary history and typical cause and effect reasoning. Even the Fed has expressed some surprise and concern regarding the matter.
As a precious metal, silver doesn’t have the allure of gold. As an investment, it’s not as hip as Google. But dowdy old silver is suddenly chic. Silver prices are at their highest in more than 25 years, and mining companies are riding an economic boom.
The question of relentless government payouts continues to haunt the political system.
...El Tigre Silver Corp, is taking a somewhat different path toward developing their El Tigre property located in the northern Mexican state of Sonora.
The Bawl Mill • Dredging at Real Del Castillo, Baja • Finding Paystreak Gold With A Metal Detector • General Metals Continues Toward Production • Cedar Rim Opal—Discovery of a Giant Opal Field • "I Got Dusted" • Newmont Steps Up For Laid Off Workers • Benton’s Rich Silver • Gold Trader, Employee Charged with Wife’s Killing • Is There A Gold Shortage? • Wyoming Governor Pushes for Uranium Study Release • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • California State Open and US National Gold Panning Championships