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
This video is a weekend gold mining trip in late February to Arizona prospecting areas around Yuma Arizona. From San Diego California the trip usually takes us about 3 ½ hours pretty much straight on Highway 8.
Pretty much it’s very rare for weekend prospectors to find enough gold to even pay for the gas that it takes to get out to some of the sites. But, that’s not to say that it’s still not exciting and there is always that chance, I guess just like the lottery, of finding a big gold nugget or pocket of fine gold.
So, what I’m saying here is if you’re looking for a hobby and enjoy camping in the outdoors, you should definitely check out weekend gold prospecting and your local gold prospecting clubs. Read more
Gold Prospecting Adventures
Compilation of weekend gold prospecting adventures in Southern California and Western Arizona.
Some think it’s all about how much gold you find. Or, who finds the biggest gold nugget or biggest pocket of fine gold. But my take on it it’s more about going back in time to the old West and experiencing real adventure and excitement!
Unfortunately in today’s five warning notices on any step stool society, when someone mentions going someplace for excitement, most think of going to Disneyland! Read more
Gold Nuggets for sale
Many people collect gold nuggets just for their natural beauty. Also, many collect gold nuggets as a form of physical ownership of gold as defense against you wrote in buying power of the dollar and also to participate in an asset class that has been popular since biblical times.
Sure, people can buy gold coins and gold bullion as a way to invest in gold. But, when purchasing natural gold nuggets, the investor can not only participate in the movement in the spot price of gold, but also in the increasing rarity factor that medium to large gold nuggets provide. Read more
Gold Prospecting Arizona
Drywashing Arizona gold – 4 days of dry washing! Over an ounce of fine gold recovered. 35 grams in pickers and fines from 265 buckets of material ran through the Keene 140 gold drywasher.
From Wikipedia, the free encyclopedia:
A drywasher is a common desert mining tool for gold mining.
A drywasher is like a highbanker, since it uses a motor and a form of sluice, but it has no need for water. It drywasher operates by the use of air. By forcing air to flow up through the material as it moves down the sluice, the heavier materials, like gold, will stay at the bottom and get trapped by the riffles while the lighter materials will flow up and over the riffles or be blown away. The lighter material that is not blown away will slowly flow down the sluice and fall out the end of the sluice. Read more
Explaining and showing students how a Gold Trommel works as we run a few buckets of material from a few claims. This small wash plant uses a trammel to classify the material before it runs through a sluice to recover the gold.
Its awesome there is someone out there teaching this stiff to the younger generation and also cool you get to go out with your family and share that with them. Read more
Gold futures settle at 15-week high
Today, April gold futures climbed $14.10, or 1.3%, to trade at $1,141.30 an ounce. Many believe that if stock market volatility continues investors are likely to continue to move some of their portfolios into gold for safety factors.
Also, the silver futures for April climbed 44 ½ cents per ounce, to close at $14.73 per ounce.
It’s interesting that while the stock market has had one of its worst starts for the new year that I can remember, the gold price seems to have been steadily climbing upward. But, then again, gold seems to do best in times of stock market stress. This inverse relationship seems to be fueled by the worry of economic uncertainty. Read more