In a troubled economy, goes conventional wisdom, one thing you can always depend on is the price of gold. That has never been more true, now that the price of gold has hit just over $1,200 an ounce. Does this mean that we are seeing a modern day gold rush?

In this conversation we speak with Charlie Ward, a 40 year prospector and co-owner of Ice Box Mining Company. Along with his partner, Byron Janis, Ward discovered, and sold, the largest undisputed gold nugget in the Black Hills in 120 years. He tells us whether or not the prospecting competition has gotten stiffer since the economy’s turned sour.