Low-Tech job

No Worries · 06-21-2009, 02:46 PM

In late 1978, I spent over $500 on courses about Uranium. As a geologist, I was going to strike it rich prospecting and discovering uranium prospects. Then in 1979, an incident called Three Mile Island happened. The uranium market dried up.

When gold hit $800/ounce in the early 80's, I took all kinds of courses on geochemistry, and different types of gold deposits. Soon, the price collapsed. See a pattern developing?

I made my fortune evaluating mineral deposits, but in May, the price of silver went up 27 percent. With the uncertain economy and the cheapened U.S. dollar, gold and silver have been pushed to tantalizing highs. I gave away my sluice box years ago, but may get another one. Anyone into panning, prospecting, or mining?

06-21-2009, 02:46 PM	#1
No Worries Keyboard Racer Join Date: Feb 2008 Location: Mile High City Moto: Old Superbikes Posts: 1,016	Low-Tech job In late 1978, I spent over $500 on courses about Uranium. As a geologist, I was going to strike it rich prospecting and discovering uranium prospects. Then in 1979, an incident called Three Mile Island happened. The uranium market dried up. When gold hit $800/ounce in the early 80's, I took all kinds of courses on geochemistry, and different types of gold deposits. Soon, the price collapsed. See a pattern developing? I made my fortune evaluating mineral deposits, but in May, the price of silver went up 27 percent. With the uncertain economy and the cheapened U.S. dollar, gold and silver have been pushed to tantalizing highs. I gave away my sluice box years ago, but may get another one. Anyone into panning, prospecting, or mining?