Despite constant denials to the contrary the recent find of an enormous lump of gold (about 300 grands worth) in one piece at Edinburgh Reserve has prompted a surge in Detector Sales and a flurry of activity by hump-backed tourists swaying from side to side around the artificial lake.
Once the site of the Edinburgh Gold Mine, which it is said still consumes much of the rainwater running along that part of the highway, it had only a short period giving up its treasures and the mine along with its Stamping Battery closed around the early 1900’s.
Not deterred by the fact that gold became too expensive to mine for the better part of the 20th Century, the sale of the Ballarat Gold Mine to Japan has seen the value of gold ascend to record highs and made it a profitable pursuit for those willing to put in the time and effort to sell our birthright at fire sale prices. Will the recent find set off another Linton Gold Rush? We would be astonished if it did but it might put us back on the map so that even our neighbours in Ballarat can find us.
We believe that the current Gold Bubble, which is reminiscent of the famed Tulip Bubble as recently as 1637, has seen unscrupulous speculators in the precious metal move from offering to repair pensioners roofs to pawning their gold teeth. Someone will lose out and it will be those who can least afford it.
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