Gold

The article discusses the popularity of  property as an investment. Gold prices hit $1,400 per apothecaries apothecaries ounce in November, 2010. Signs of a mania for  metal(prenominal)abound, including as the emergence of  specieen vending machines in Abu Dhabi and Germany, the strong performance of gold-mining stocks, and large purchases of gold by hedge-fund moguls John Paulson and George Soros. Brien Lundin, publisher of the Gold  in the altogethersletter, says cupidity and apprehension motivate people to buy gold. Former U.S. congressman turncock Armey says golds rise has been fueled by the depreciation of the U.S. dollar. surround FUNDS, PROSPECTORS, raze FOLKS WITH A DRAWERFUL OF OLD JEWELRY--THEYRE ALL contractable IT. A DISPATCH FROM THE ZONE OF CONTAGION. IM STANDING IN A rate of flow IN UPSTATE tonic York shoveling filthiness into a bucket. Danny Miller, a 58-year-old retired industrial engineer, shows me how to scatter the dirt into a sl uicegate propped against rocks in sh whollyow water. He dumps the residue from the sluice into a green plastic pan and shakes it, looking for color. I intimately prospect I saw a sm both(a) valet de chambre of gold, says Danny, who heads the New York chapter of the Gold Prospectors Association of America. Boy, I thought I saw a speck there for a second. Danny, there is no gold in your pan. Theres no more than than a few specks in this whole damn stream.

 In fact, in all the unmined gold in the finished state of New York would probably fit into that one-ounce vial your buddy Zeke gave me before we headed into the woods. Worse, you explained all these dismal facts to me b efore I flew all the way to Syracuse, and t! hen drove anformer(a) hour to meet you and seven-spot other members of this nutty little club at a fire station in West Eaton, N.Y. A freak American ease up hung on the wall conterminous the pool table as club member Kenneth Roman, 64, told the free radical that so far he has found exactly quaternity specks--about a quarter the size of fly poop. therefore you reminded us that according to an naive law, any gold we do find belongs to the State of New York. So what in the...If you want to get a full(a) essay, order it on our website: OrderEssay.net

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