Mponeng Gold Mine
Most Dangerous Construction In the World: Mponeng Gold Mine (Discovery Channel)
Mponeng is a gold mine in South Africa’s North West Province. It extends over 4 kilometres (2.5 mi) below the surface, and is considered to be one of the most substantial gold mines in the world. It is also currently the world’s deepest mine. The trip from the surface to the bottom of the mine takes over an hour.
Over 5400 metric tonnes of rock are excavated from Mponeng each day. At a cost of $19.4 per gram of gold extracted, the mine needs to recover only 10 grams of gold per ton excavated to remain profitable. The mine contains at least two gold reefs, with the deepest one metre thick. Read more
Survive Rattlesnake Bite
When our prospecting here in Southern California or Arizona, it seems I’m always running into rattlesnakes. From my own experiences, I would say your best bet is to keep alert and don’t put your hand or foot down in places where you cannot see what could be lurking there.
Probably, I would think the best advice that I could give anyone for surviving a rattlesnake bite when our prospecting or metal detecting is to always go with a buddy.
I know there’s probably a lot of you think that the number one tip should be to carry a cell phone. But, most of the places that I’ve been in Southern California and Arizona you’re really in areas that have no cell service whatsoever. Even if you’re close to a major highway that does have cell service most of the time you’re going to be in canyons and depending on how deep they are you won’t receive any signal. Read more
Fourth of July
On the Fourth of July, we pause to remember and to celebrate the values of liberty and justice that make our country great. And to be thankful for the remarkable freedoms we enjoy. The significance of this day has inspired speeches, music, art, and literary works. Most importantly, it has inspired our people and the citizens of the world. It is an opportunity for each of us to ponder the meaning of our nation’s heritage and to celebrate it in our own unique way.
Independence Day Fireworks at the National Mall, as seen from the Netherlands Carillon in Rosslyn, Virginia. Read more
HISTORY OF THE GOLD RUSH
At the end of 1853, San Francisco was a city on the fast track. A few years earlier, the seaside town had been a sleepy village of just 800 people. But the sight of gold in the waters of the American River set the stage for an event that would forever change a city, a fledgling state, and the nation. Incorporating rare and exquisite daguerreotypes and original recreations, this film offers a vivid portrait of a seminal event in America’s history.
Before watching this video, I read enough of the comments to see that there were some strong opinions about the way the story was told. So, I was somewhat alerted to watch for confirmation of the negatives that I had read. As the story unfolds, there is a building theme of racism and blame being laid on one group or the other. I suppose the intent was to flail us with the Leftist view and force us to assume some guilt for things we had nothing to do with. Read more
Memorial Day Tribute
We pause to take solemn remembrance of the men and women who have given their lives for their country and for their loved ones who have suffered a great loss here at home. To all those serving or have served in the military, we appreciate your service to our country.
Memorial Day Tribute
Why Own Gold
Armageddon is now guaranteed. It all depends upon which time scale you favor.
The honest approach will bring Armageddon sooner. The lying, trickery, taking on more debt, devaluing the currency, propping up stocks and housing prices, propping up bonds when the market turns its back on them….this is an attempt to defer Armageddon until…the next administration I guess. Read more
Dollar Collapse – Peter Schiff
The dollar collapse will be the single largest event in human history. This will be the first event that will touch every single living person in the world. All human activity is controlled by money. Our wealth,our work,our food,our government,even our relationships are affected by money.
Is the U.S. Dollar collapse about to happen? Many believe it is. I believe they fail to focus in on the day to day manipulations of the currency as well as the greater global economic ramifications of countries like China and Russia making a move to unseat the dollar in today’s economic environment.
China just launched it’s new gold backed yuan and the kicker is they said they will not accept U.S. dollars in exchange for the yuan. So all the countries holding our monopoly money are going to be dumping our dollar to get a gold backed currency. We just got checkmated by China. Read more
2016 Gold Price Outlook
Jim Wyckoff shares his forecasts and technical levels for both gold and silver in the coming year, which he expects to rebound in the second half of the year.
‘We may have some more downside price pressure in the first quarter but I suspect as we move into the summer time, we will see stabilization in prices,’ he said. Wyckoff expects oil to reach $33 a barrel then move higher, which will move raw commodity prices higher as well. ‘I suspect we’ll Read more