Why Government May Ban Gold Ownership
To “pay” with freshly printed script is the same as borrowing more. The game, if you want to look at it that way, get’s more interesting when you begin to realize that the “interest” has to keep rising as well as the total amount owed. The measure of the value of interest is the sum of nominal interest added to the the percent loss of purchasing power. Read more
Gold Recovery from scrap materials
Recycling of gold and other metals from industrial production a business is really shining.
Please remember that RECOVERY and REFINING are two totally different processes. With escrap, and with many other forms of gold scrap, the gold must first be RECOVERED from the scrap before it can be REFINED to high purity gold. Read more
Best Gold Clean Ups Ever – Gold Rush & Bering Sea Gold
Some of the best gold clean ups from two of the biggest gold mining shows, Gold Rush and Bering Sea Gold
I do not know how much of this show is staged or not, but i have a question for all of you that even bothered to calculate each of the paychecks: It’s just the fact that fine gold like this, brings a price much less than the spot price of gold on the exchanges. Read more
How to Find Gold in a Dry Creek
In California and Arizona there’s still lots of gold that can be found by the recreational weekend miner.
This video demonstrates the method used to find a Lead or Ribbon of Gold in a Dry Creek Bed. It demonstrate a systematic and logical STEP-BY- STEP method, which if adhered to will identify any Concentration of Gold that is present. Once the Lead if found, then it can be followed.
Recreational gold mining – How to find gold
Nevada Gold Detecting
Metal detecting for gold nuggets in Nevada. Found 3 gold nuggets. No it isn’t Rye Patch.
Using a Minelab GPX 4500 gold detector.
Return of the Legendary Gold Detector!
The versatile GPX-4500 is a proven gold finder with many features and great performance. Incorporating Minelab’s superior Multi Period Sensing (MPS), Dual Voltage Technology (DVT) and Smart Electronic Timing Alignment (SETA) technologies it penetrates mineralised ground better and deeper than basic PI detectors.
From Wikipedia, the free encyclopedia
Gold mining in Nevada, a state of the United States, is a major industry, and one of the largest sources of gold in the world. Gold was discovered in the vicinity of Carlin in Eureka County in the 1870s, but production was small. Placer deposits were discovered in 1907, but the deposits were too small to cause much excitement. It was not until 1961 that the Newmont Mining Corporation found the large low-grade gold deposit at Carlin that the mining industry began to take notice.
In 2015 Nevada produced 5,339,659 troy ounces (166.0820 t) of gold worth $6.194 billion, representing 78% of gold produced in the United States and 5.4% of the world’s production. Total gold production recorded from Nevada from 1835 to 2008 totals 152,000,000 troy ounces (4,700 t), worth over US$228 billion at 2011 prices. Much of the gold in Nevada comes from large open pit mining using heap leaching recovery. Read more
California Gold Rush Miner Traffic
This site said a new 12 month traffic record in March 2017! Yes, this site had over 22,000 unique visitors just last month!
For the last three months this site has generated an average of over 20,800 unique visitors!
I’d like to say thanks to all my readers and subscribers for making this website so popular! naturally I continue to post or videos of our local San Diego and Arizona gold prospecting adventures.
Gold Price Jump
Wow, what a day today the gold spot price jumped over $25 an ounce! It would seem that the big jump in gold was predicated by the fact that the Federal Reserve Board said it would gradually increase interest rates.
So far this year the gold spot price is up approximately 7%!
Usually, interest rate hikes are negative for the price of gold. So, I guess today is the exception to the rule.
Gold Price Jump
How gold is formed
The consensus view from geologists and scientists on owl gold is formed is that fluids deep in the crust are heated by the Earth’s internal heat. … The fluids moved through the rocks over a large area and “dissolved” the gold. When these fluids cooled or reacted with other rocks the dissolved gold precipitated (came out of the fluid) in cracks or fractures forming veins.
Gold may occur as deposits called lodes, or veins, in fractured rock. It may also be dispersed within Earth’s crust. Most lode deposits form when heated fluids circulate through gold-bearing rocks, picking up gold and concentrating it in new locations in the crust. Chemical differences in the fluids and the rocks, as well as physical differences in the rocks, create many different types of lode deposits. Read more