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30
Aug

Minelab Metal Detectors Caution

Minelab Metal Detectors – Counterfeit Minelabs

Thinking of buying a Mine detector? Unless you purchase direct from a Minelab dealer, be VERY careful. Minelab is probably the best brand of metal detectors on the market.

I think the Minelab gpx 5000, the gold bugs and the garrets metal detectors are some of the most counterfeited models sold on alibaba.com but they sell about any brand of counterfeit metal detectors for a fraction of the price of an original. Some of these counterfeits are later on sold and priced as “originals or generic” on Craiglist or Ebay for a big profit for a piece of junk

When you sell such a good product, there are people on the black market ready to copy. Read more »

27
Aug

Spot gold price forecast

Gold Markets Drop – Spot gold price forecast

Gold spot price drops in the middle of stock market turmoil.

Yesterday and so far today we seen the New York spot price of gold decline by double digits. Usually in times of stock market declines, the spot gold price would be expected to increase.

This is exactly what happened last week when our market really started to tank. But even though the New York Stock Exchange finished down yesterday by over 200 Dow points, the New York spot price of gold dropped. Read more »

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26
Aug

Gold Price Falls

Gold Price

California gold nugget - gold price

California gold nugget

One would think that after all the turmoil and major selloffs around the world in the stock markets, investors would be seeking a safe haven and moving back into gold.

Well, you would have been correct in this assumption, at least until yesterday and today. After a long and continued erosion in the spot gold price which actually brought it below $1100 an ounce, the recent selloffs in the world stock markets saw rebound for the spot gold price. Read more »

20
Aug

California Gold Miner site traffic

California Gold Miner

For July our site had over 21,600 unique visitors!

california gold rush miner

Thanks to all our visitors and subscribers. Weekend gold prospecting is a great hobby that gets people outdoors and getting lots of exercise and the prospect of making a real valable discovery!

From Wikipedia, the free encyclopedia:

Gold became highly concentrated in California, United States as the result of global forces operating over hundreds of millions of Read more »

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12
Aug

Spot Gold Price Jumps

Spot Gold Price

gold bars - spot gold priceAfter dropping like a lead balloon and cracking through the $1,100 an ounce mark, the spot gold price has done 180° turnaround in the last few days. Actually, the New York futures gold price has climbed for the fifth day in a row, marking the longest move since May, and setting a three week, high.

Fueling this big upturn in the spot gold price was China’s decision to devalue the yuan. This decision is looked at by futures traders as a sign that the world’s second largest economy is now faltering. At times like these, gold is often considered an alternative store of value and usually will rise when world currencies decline. Read more »

6
Aug

California Suction Dredge Gold Mining

California Suction Dredge Gold Mining – Latest Law keep suction dredging out of the state – California Senate Vote SB637

From Wikipedia, the free encyclopedia:

Dredging is an excavation activity or operation usually carried out at least partly underwater, in shallow seas or fresh water areas with the purpose of gathering up bottom sediments and disposing of them at a different location. This technique is often used to keep waterways navigable.

It is also used as a way to replenish sand on some public beaches, where sand has been lost because of coastal erosion. Dredging is also used as a technique for fishing for certain species of edible clams and crabs, see fishing dredge. Read more »

4
Aug

Gold Fever – California Drought

Gold Fever – California Drought Brings Back Gold Fever

California rivers, low from the recent drought, are ushering in a new gold rush. Professional miners—along with hobbyists are hurrying to uncover precious metals by panning, sniping, and prospecting at the base of the Sierra Nevada Mountains.

Have spent most of my life rock hounding or prospecting for gold for fun spare time. Lots of time in the  hills . California has been closed to small scale recreation dredging  and many other low impact activities for years. Different legislation  and management practices by EPA//BLM//Forestry service has denied access and use by the general public to great areas of our national forests and  BLM lands. Its not lawful or right that we should be defrauded  of the use of the public lands . Read more »

27
Jul

Gold Highbanking

Gold Highbanking – A Good Day

See the results of four hours of gold highbanking.

From Wikipedia, the free encyclopedia:

Placer mining is the mining of stream bed (alluvial) deposits for minerals. This may be done by open-pit (also called open-cast mining) or by various surface excavating equipment or tunneling equipment. Read more »

22
Jul

Spot Gold Drop

Spot gold drop – below $1,100 a ounce.

spot gold price drop

spot gold price drop – 7-22-2015

With the large drop in the spot price of gold yesterday, many insiders believed, or hoped, that there would be a significant bounce back in the price at the start of gold trading this morning.

But, alas, sometimes reality does not accommodate wishful thinking.

So far this morning, the spot gold price has broken through the $1,100 per ounce many believed would be a bottom in this long decline in gold. As I’m writing this, you can see from the gold spot price chart above, gold is currently at $1093.48 an ounce. Read more »

22
Jul

Minelab GPZ 7000

Minelab GPZ 7000

GPZ 7000 at Roadrunner Prospecting Club claims in Arizona

First use of Minelab GPZ 7000 at Rich Hill in Arizona. See Rich Hill claims like you’ve never seen them before as members take their first look at the newly released GPZ 7000. See the Leave No Holes claims along with the Catsclaw & Devil’s Nest claims up close and personal, as only experienced lifetime Roadrunner members can show you.

The Minelab GPZ 7000 is Minelab’s Newest Gold Machine for 2015. Read more »