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Archive for March 2010

15
Mar

California Gold Nugget Prospecting Equipment

Most gold nugget prospecting takes place in very remote areas, so, it really pays to be prepared. We show some of the basic items one needs when heading out to prospect for gold nuggets.

California gold nugget prospecting

12
Mar

Spot Gold, Silver & Inflation

silver nugget

silver nugget

Once the indications of inflation become obvious to the public, gold is sure to rise dramatically. But silver will be pulled along for the climb more slowly until gold becomes scarce to purchase as bullion or those with fewer available funds seek safety in a less expensive PM. Then silver will rise at a faster rate than gold and possibly all the way back to the historically traditional 16:1 ratio. Gold always gets all the attention but its little brother has always, and will again, retained a valuable legacy position.

silver nuggets

11
Mar

Spot Gold Price Falls

crystalline gold nuggets

crystalline gold nuggets

Gold fell sharply in a short period of time yesterday in US trading – falling from $1,127.35/oz to $1,103.45/oz to close with a loss of 1.26%.

Yesterday’s sell off confused traders as there was no ostensible reason for the sharp sell off as there was no corresponding move in the equity, oil, dollar and currency markets.

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10
Mar

Weaker Dollar, Stronger Precious Metals Returns

California gold nugget

The 37% drop in the dollar’s value against a basket of other currencies since 2001 coincides with an unprecedented demand for the assets of other economies, especially shares of companies in fast-growing places such as China and Latin America. Also, demand for gold and all precious metals increases.  Read more »

9
Mar

Arizona Gold Prospecting – Gold Sniping

This part 2 of our sniping for gold in Arizona videos.We used a gas vacuum in a desert wash to find gold in bedroock. But, you could just use a small broom to collect the material.

gold prospecting