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> Economy

Biggest gold rush in years predicted for California from winter storms’ runoff

"So now, instead of selling dynamite, I'm selling metal detectors"

Newsroom May 8 04:00

There’s a new nugget to this winter’s historic storms in California: All the runoff is exposing more gold, CBS Sacramento’s Steve Large reports.

Albert Fausel is a third-generation owner of the Placerville Hardware store, which opened in 1852.

“We do a lot of different gold supplies in here,” Fausel said.

The store is in the heart of gold country.

“So now, instead of selling dynamite, I’m selling metal detectors,” Fausel said.

Fausel says he’s is getting ready for a new gold rush.

“I haven’t seen this in my life,” Fausel said.

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Mark Dayton is a metal detector expert.

“[There’s] $750 worth of gold right here,” Dayton said, speaking about a bowl with gold nuggets on it.

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He showed off an ounce of gold nuggets he recently found in a few hours’ time.

“It’s going to get crazy,” Dayton said.

Read more: yahoo

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