Researchers are providing us some great insight into the most
  fundamental areas of learning and memory. Namely, we're now able
  to look at the small "spines" on the receiving end of the neuron
  (the dendrite). The latest research suggests that these spines
  are the location of memory. Interestingly, once the spines
  enlarge and stabilize, they don't go away from lack of use.
  Rather, their necks (the connection between the synapse and the
  dendrite) elongate. This elongation may account for forgetting.
  Interestingly, once a spine receives input after having been
  unused for a while, its neck immediately shrinks. This may be
  the mechanism for re-solidifying lost memory. So basically an
  unused "memory" biologically remains until it is needed again.
  And this may also happen with regards to the pointer-like neural
  network +[1]Adam Black*alluded to.
  [2][IMG]
  [3]KENNETH UDUT
  1:28 PM
  +[4]Edward Conrad* It makes sense - helps explain that "just out
  of reach" feeling with memories; they may LITERALLY be just out
  of reach, hiding behind a corner or a little ways down a tube. I
  like that idea because it can at least be tied to a physical
  system, something a lot of memory theories don't as they get
  lost in the world of mathematics and psychology and philosophy
  and such* (not that there's anything wrong with abstractions..
  but the way I look at it, those abstractions are happening
  someplace - in a brain at the very least :P ) When studying the
  brain a bit heavily last year, I was looking for analogies in
  physical systems, trying to find matches that were close enough
  to explain at least some things. The way rubber changes through
  vulcanization really struck me as helpful, as did the way that
  heat can release dyes (colors) and set dyes. There's a theory
  about how Anesthesia works that involves the nature of the brain
  matter itself (being fatty) - and the way that fats can congeal
  or liquify were also inspirational.* I never had any solid
  conclusions from my attempts at finding analogies for human
  memory but I did get some vague possibilities that I never
  fleshed out into any kind of full theories.

References

  Visible links
  1. https://plus.google.com/108177944448520252638
  2. https://plus.google.com/116220525110856958463
  3. https://plus.google.com/116220525110856958463
  4. https://plus.google.com/108208849317759982392