California Hydraulic Gold Mining
Wikipedia, the free encyclopedia:
Hydraulic mining, or hydraulicking, is a form of mining that uses high-pressure jets of water to dislodge rock material or move sediment. In the placer mining of gold or tin, the resulting water-sediment slurry is directed through sluice boxes to remove the gold.
Hydraulic mining originated out of ancient Roman techniques that used water to excavate soft underground deposits. Its modern form, using pressurized water jets produced by a nozzle called a “monitor”, came about in the 1850s during the California Gold Rush in the United States. Though successful in extracting gold-rich minerals, the widespread use of the process resulted in extensive environmental damage, such as increased flooding and erosion, and sediment blocking waterways and covering over farm fields. These problems lead to its legal regulation. Hydraulic mining has since been used in various forms around the world. Read more
I believe all investors should have at least a small part of their investments in physical gold!
In the dot com bubble, as it was created by Clinton, the SEC and his administration, any shell company was allowed to do an IPO because it brought in untold capital gains tax and other tax revenues to the Treasury. Read more
Gold Nuggets for Sale
Most agree that individual investors should keep at least a small part of their portfolio in gold.
With the US debt is $17 trillion. Your real purchasing power has been and will continue to be eroded.
Actual, real gold Nuggets not only appreciate as the spot price of gold moves up, but also appreciate because of the rarity factor. The vast majority of gold is mined as very fine gold. On the other hand, natural gold nuggets, like natural diamonds sell at a premium based on their size and characteristics.
View real gold nuggets for sale.
Gold Nuggets for Sale
Gold is one of the most sort after precious metals on earth.
For thousands of years human beings have been mining for it, shaping it in to jewellery and worshiping it as a link to there gods. So if some ancient human cultures believed this metal came from the heavens, could they of been correct?
Gold can be found on the earths surface, about 1.3 Grams per 1000 tonnes of other earthly material. This is considered to be strange because these amounts of gold do not fit with standard models of our planets formation. If gold had been mixed with the other materials of the young molten earth it would have sunk to the core of the planet with iron. But it’s not, it’s on and in the surface. Read more
Gold vs. Paper Dollars
There was a recent MSN and article about gold. Naturally, it ran along the lines of many left-leaning publications which is that gold is a barbaric investment, one that earns no interest driven by fear and is surely about to crash.
So, let’s look at the other side of the coin, so to speak … None of these same publications said buy gold in 1999 2004 or 2009 ,but they ran articles every day about how you couldn’t lose money in real estate. You better wake up. When the liberal press tells you something about investing, you better do the opposite! Read more
It is important to keep in mind that the end game is that gold will not make you incredibly wealthy unless you are leveraged. In theory just owning gold will keep your wealth about constant. To truly increase your wealth in the long-run you have to either buy gold on margin, but options, or invest in gold mining stocks.
Spot Gold Price Increases
Today, the Dow Jones index dropped 318 points, yet, the spot gold price increased by eight dollars per ounce and closed at $1270.
If you look at the chart below, to me it looks like after the big gold selloff, the spot gold price looks like it put in a double bottom around $1200 per ounce. Read more
Gold plunged 28 percent in 2013, ending a 12-year bull run, after the Fed announced plans to unwind the ultra-loose monetary policy starting January 2014, tarnishing the metal’s appeal as a hedge against inflation. Gold price was nearly $700 below a record hit in 2011.
2013 was a great year for stocks. U.S. stocks returned 33.45 percent as measured by the Vanguard Total Stock Index Fund ETF (VTI) with dividends reinvested. This is far better than the S&P 500 return of 29.60 percent and the Dow Jones Industrial Average of 26.50 percent.
Owning equities when Great Depression II comes along will be like owning bars of soap when there is no water and you are starving to death.