There are at least two bands called The Midas Touch: 1. The Midas Touch is a heavy metal band formed in 2002 from Escondido, California USA.
Discography:
Live At The Rainbow Room (Live album 2003)
Alone In The Light (Full-length 2006) http://www.myspace.com/themidastouch The live album is a rare bootleg recorded with the original line up including Sam Hartjen (Bass) and Brandon Wibier (Guitar). It was never officially released, but was passed around the San Diego scene in late 2003.

Read more about The Midas Touch on Last.fm.