Guest sillybear2 Posted July 15, 2010 Share Posted July 15, 2010 The new gold diggers When gold nuggets were found in the foothills of California in 1849, a frenzy of prospecting ensued. Now, thanks to the 'Great Recession', it's happening all over again. Not too long ago, David Basque was a carpenter living in northern California. In his early twenties, the work came easy and fast, and life was good. Then came the Great Recession, and unemployment that spiked over 12 per cent in California alone, and 10 per cent across the United States. Construction dried up and even small carpentry jobs went away or paid just half of what they used to. It was, he says, very worrying. Like so many others, David was sure things would work out. Then his savings dwindled and his optimism soon followed. But, when things looked darkest, he found he had an ace up his sleeve, the same ace thousands of people have been pulling out of their sleeves in the past two years as jobs dried up all over California and something approaching panic seeped through every county of the state. David turned to gold prospecting. He’d panned over the years as a hobby. But with the downturn came an opportunity he had never anticipated. Just as in the recession of the early Eighties, the inflation crisis of the mid-Seventies and even the Great Depression of the Thirties, David noticed that gold had not only retained its worth – it had actually risen in price. (more) Quote Link to comment Share on other sites More sharing options...
Laura Posted July 15, 2010 Share Posted July 15, 2010 I suddenly feel a one-way 'assisted' package for UK chavs to 'start a new life' would be wise & welcome. Standing room only on an ageing 747. How many could be levered in sans baggage? Quote Link to comment Share on other sites More sharing options...
Driver Posted July 15, 2010 Share Posted July 15, 2010 I'm not sure you need a 747 to go to Wales. Quote Link to comment Share on other sites More sharing options...
HelterSkelterIE Posted July 15, 2010 Share Posted July 15, 2010 Gold bubble stories are going mainstream. Time to get out of gold? Quote Link to comment Share on other sites More sharing options...
@contradevian Posted July 15, 2010 Share Posted July 15, 2010 Gold bubble stories are going mainstream. Time to get out of gold? I'll ask the shoe shine boy. Quote Link to comment Share on other sites More sharing options...
Alan B'Stard MP Posted July 15, 2010 Share Posted July 15, 2010 Panning for gold is hard bloody work. Quote Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted July 15, 2010 Share Posted July 15, 2010 (edited) Panning for gold is hard bloody work. Yes, unless some idiot decides to sell off BoE bullion for a song instead. Edited July 15, 2010 by sillybear2 Quote Link to comment Share on other sites More sharing options...
Alan B'Stard MP Posted July 15, 2010 Share Posted July 15, 2010 Yes, unless some idiot decides to sell off BoE bullion for a song instead. Sorry I thought it was Gold Panning and not Gold Pining. Quote Link to comment Share on other sites More sharing options...
erranta Posted July 15, 2010 Share Posted July 15, 2010 <br />I suddenly feel a one-way 'assisted' package for UK chavs to 'start a new life' would be wise & welcome.<br /><br />Standing room only on an ageing 747. How many could be levered in sans baggage?<br /><br /><br /><br />You have FAR too much 'Inside knowledge' for your OWN good - I happen to know internal designers of the Airbus and Boeing! Standing room has been worked out on them by the 4th reich fascists - who are you? Quote Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted July 15, 2010 Share Posted July 15, 2010 <br /><br /><br /> You have FAR too much 'Inside knowledge' for your OWN good - I happen to know internal designers of the Airbus and Boeing! Standing room has been worked out on them by the 4th reich fascists - who are you? Like the evil FEMA trains (car transporters) Quote Link to comment Share on other sites More sharing options...
Tiger Woods? Posted July 15, 2010 Share Posted July 15, 2010 Weren't people doing this in Zimbabwe? Quote Link to comment Share on other sites More sharing options...
RichB Posted July 15, 2010 Share Posted July 15, 2010 I suddenly feel a one-way 'assisted' package for UK chavs to 'start a new life' would be wise & welcome. Standing room only on an ageing 747. How many could be levered in sans baggage? probably best to take their shoes, watches, gold teeth, specs and hair too. Only need enough fuel to get halfway to NY, and an autopilot. Quote Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted July 15, 2010 Share Posted July 15, 2010 probably best to take their shoes, watches, gold teeth, specs and hair too. Only need enough fuel to get halfway to NY, and an autopilot. That sounds like monetary policy circa 2005. Quote Link to comment Share on other sites More sharing options...
Laura Posted July 15, 2010 Share Posted July 15, 2010 probably best to take their shoes, watches, gold teeth, specs and hair too. Only need enough fuel to get halfway to NY, and an autopilot. Halfway seems a criminal waste of precious fuel if one's intention (not mine) is for the plane never to arrive; & the biggest usage as we all know is getting the thing in the air, so that can be eliminated too. One of my teacher daughters has just been sworn at again in school, so my anti-chav-o-meter is reading high today. Quote Link to comment Share on other sites More sharing options...
Laura Posted July 16, 2010 Share Posted July 16, 2010 Just in case anyone missed the site newsletter, it's double points for killing a thread this month Quote Link to comment Share on other sites More sharing options...
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