Boom Town : Planet Money We visit a town riding high on the gold boom in the midst of Nevada's economic disaster.
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Boom Town

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Boom Town

Boom Town

Boom Town

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The Goldstrike mine, just outside of Elko, Nevada. Barrick hide caption

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Nevada's an economic disaster zone, with the nation's highest rate of both unemployment and foreclosures. But a few towns strung along I-80 in the middle of nowhere are doing great.

The reason: They're in the middle of Nevada's gold mining country, which has boomed as the price of gold has risen.

On today's show, we visit one of those towns. Elko, Nevada is indeed a happy place. But there's an undercurrent of anxiety.

When you get to the edge of town, you can see why: There are all these ghost towns nearby that boomed when the mines were running, then faded to nothing when the gold ran out.

Listen to our Elko soundtrack. Subscribe to the podcast. Music: The Rolling Stones' "Tumbling Dice" Find us: Twitter/ Facebook/Spotify