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Picks & Pans: An Exciting Hobby
January 2001 by Charles L. Butler
The year was 1946, the war was over, and we three brothers were working for Douglas Aircraft, in Santa Monica, California. Jim and I had returned to jobs we held before entering the Navy and George was a “new hire,” having just finished a four-year hitch as a Navy Flight Crewman.The Hanging Tree
The Big Swede was working his pan trying to get rid of the black sand. Usually there were others at the river, but on this day he was there alone. He figured that most of the other fellow miners were either doing their laundry, or working.
Microbes Play Role in Gold Creation
Researchers in Australia have uncovered evidence that a tiny microbe may have the Midas touch of Greek legend, capable of turning dust to gold.
Butte, Montana—The Richest Hill on Earth
I recently had the opportunity to spend a day exploring around Butte, Montana and was amazed by the amount of mining that has taken place there. The old-timers called Butte “the richest hill on earth” and had pretty good reasons for doing so.
Melman on Gold & Silver
First, in order to compensate for the diminishment of purchasing power that usually accompanies rising inflation, investors normally have demanded higher interest rates on their investment assets. This was particularly true in the 1977-81 era when inflation soared to almost 20% and interest rates rose to roughly the same level.
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