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Posts tagged ‘gold’

21
Feb

Ron Paul – Dollar – Gold – Fed

Dr. Ron Paul talks about the US dollar, gold price and the Federal Reserve

Ron Paul – opening the eyes of Americans and the world to the failings of FIAT currency.

Someone who supports Obama needs to explain to me why our president doesn’t support monetary transparency. It’s not the governments’ money, it belongs to the people. I think his and the Democratic Senates’ dismissal of Dr. Pauls’ legislation speaks volumes about our supposed “leadership”. Read more »

19
Jan

Spot Gold At $5,000 Forcast For 2012

gold price 2012

Gold

“Robert McEwen, chairman of U.S. Gold Corp. says gold prices will more than quadruple to $5,000 by 2012 …He says investors will reallocate capital to real money as the dollar loses its viability and money printing causes money to move into gold.”

11
Jan

About

Gold!  Yes, ever since my days in Brooklyn New York growing up watching Westerns I had a desire to head out West. Well, when I finally did relocate to sunny San Diego I realized that I had made a huge mistake in not relocating at least 10 years sooner than I did.

The location and topography of San Diego, the say nothing of the great weather make for an outdoor lovers paradise. But let’s get back to my becoming a gold prospector. Somehow I came across a book I believe his name was Gem Trails of California, that pointed out in detail various locations where one could find natural minerals and crystals. So, using this book was like a mini treasure hunt. Then on a long car trip to Utah, I had my Gem Trails of Utah bookthat helped us locate lots of mineral specimens as well as an entire petrified tree!

Upon returning to San Diego from this trip, I got the idea, that if I could use a book like these for finding mineral specimens why not do the research and find the reading material and see if I could fine gold?

Well, the rest is history to date I search for and found gold in San Diego, Riverside County, 29 Palms, Rensburg, Yuma, Quartzite, the mother load area, Big Pine, and Nome Alaska. I have done regular gold panning, sluicing, dry washing, crevicing and naturally metal detecting. I’ve had a number of metal detectors over the years and currently use what is commonly acknowledged as the world’s best gold detector… A Minelab.

A lot of the enjoyment of gold hunting for me is the journey, the outdoors and naturally the thrill of finding riches in the earth! Now, to be quite truthful, if I was just in this to make money, I’d stay in San Diego and try to put real estate sales together. I am, after all, a California licensed real estate broker! But, everyone needs a hobby, and when retiring from over 20 years in hang gliding I put my spare time into gold hunting.

I’m far from an expert in metal detecting. Actually, I can only recall one trip, where the nugget I found, if sold, would’ve paid for the gas getting out to Arizona and then back to San Diego. But, the moment of finding that large nugget ( I located it with a Minelab detector, and my Son uncovered it just under about an inch of desert sand) will stay with me forever!I call that nugget the ‘holy shit’ nugget, because that’s all I could say for the first two or 3 min. after seeing it!

So, if you’re looking for some outdoor fun, the excitement of finding treasure, this is a great hobby to pursue. But, if you’re looking for a new profession, or to get rich quick, stick with your day job!

20
Dec

U.S. Problem is The Debt – Not The Debt Ceiling

Peter Schiff on Gold, U.S. debt & China

Peter Schiff from investment company Euro Pacific Capital, thinks China could well dump the dollar as its main reserve currency.

Problem is the debt, not the U.S. debt ceiling

The country which holds more US debt than any other, has hit out at the failure of Congress to reach a deal over its debt ceiling. China says the political deadlock in Washington threatens the entire global economy.

Recently, US Secretary of State Hillary Clinton was in Beijing to reassure Asian leaders, that America will not fall back on its debt payments.

13
Dec

The Value of Gold

Gold vs. Dollar

This video shows how gold has retained value throughout history and is an attractive alternative to cash today. Legendary investors, central banks and the astute are buying gold today. The video shows gold is an important safe haven asset and an essential investment and saving diversification in these uncertain times.

View our Arizona gold nuggets