Sunday, March 23, 2008

New Oregon Gold Rush?

As the economy continues to weaken and Americans are feeling the pinch of a tighter economy, millions of people across the US are searching for new ways to make money. Gold prices are surging and are now at an all time high of $1,000 per ounce. It turns out that we only needed to dust off our old history books for an answer. Some are calling it the gold rush revisited.

In Jackson County, Oregon the 1850's were a boon to the local economy. Jacksonville was the largest city between Portland and Sacramento. In 1851 the first gold was discovered in what was called Jackson Creek. Now local gold panning companies are reporting that they are seeing an ever-growing increase in people looking for gold panning supplies and say that there is new interest in finding gold in Oregon. They are trying to keep up with a windfall of sales.

What else is happening? Click here to keep reading...

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