Business Opportunities Weblog

Gold Prices Drive Business Growth

By on March 30, 2012 in News

Elko Nevada usa

MSNBC:

fe is suddenly very good.

In almost every way Nevada is still reeling from the recession. It has the highest unemployment rate in the country at almost 13 percent, and one of the highest foreclosure rates. But in the northeast corner of the state, almost 500 miles from the Vegas strip, li

In Nevada’s gold country the global boom that’s pushed gold prices to an all-time high – currently hovering around $1,700 per ounce — brought an influx of jobs to mining towns like Elko, Nev., population 18,000.

The last time I was in Elko (on January 1, 2000!) the price of gold was about $280 an ounce and the place was nearly a ghost town, except for quaint institution of small town Nevada casinos. I can only imagine how the town has changed now that gold is going for $1600!

elko gold nevada

Business Opportunities Weblog editor and publisher Dane Carlson lives in the Sierra Nevada mountains of California, just 15 miles from Yosemite National Park. He accidentally became a professional blogger in 2001. He has added 12,203 posts to the site.

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  • http://www.business-opportunities.biz Dane Carlson

    Why I was in Elko, Nevada on January 1st, 2000 is a-whole-nother story that I might have to tell someday.

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