It’s been seven years since Forrest Fenn announced the existence of the buried treasure, said to be worth nearly $2 million. It has prompted thousands to comb areas of New Mexico, Yellowstone National Park and elsewhere.

…we cannot ignore the fact that several of the most widely-followed and respected economic voices are now raising questions about the potential near-term development of a full-blown market panic.

Two potentially important Canadian projects, which could have produced revenues in the billions and jobs in the tens of thousands, have now been officially abandoned and the reasons offered by both relate to the economic impossibility of successfully negotiating all the regulatory obstacles that have been presented.