Bob711

America’s Largest Gold Find

The Monumental Nugget: America’s Largest Gold Find

the Monumental Nugget

photorealistic rendering of a massive gold nugget, evoking the scale and raw beauty of the Monumental Nugget:

The largest gold nugget ever officially discovered in the United States is the “Monumental Nugget.” This incredible specimen was a product of the legendary California Gold Rush era. (more…)

By Bob711, ago

Bitcoin’s Black November: How the Crypto Crash Compares to Gold’s Stable Rise

Bitcoin’s Black November:

How the Crypto Crash Compares to Gold’s Stable Rise

Bitcoin's Black November

The last year has offered a dramatic head-to-head spectacle between the financial world’s most polarizing assets: Bitcoin and Gold. On one side, the 5,000-year-old safe haven asset, gold, has quietly delivered a robust, low-volatility return for investors seeking refuge from global uncertainty. On the other, Bitcoin, often championed as “digital gold,” has once again proven its extreme risk profile, riding a massive wave of gains to a new high only to suffer one of its sharpest, most painful monthly corrections ever. While the headlines focus on the recent crypto crash, a look at the full 12-month scorecard reveals a fascinating contrast between high-octane growth and reliable preservation of wealth.

When comparing the performance of Bitcoin (BTC) and Gold (XAU) over the last year, you see a classic illustration of a high-risk, high-reward asset versus a traditional safe-haven asset.

Here is a comparison of their performance and characteristics over the last 12 months (approximately November 2024 to November 2025):

(more…)

By Bob711, ago

Gold’s Recent Volatility

Gold’s Recent Volatility: A Correction After A Stellar Rally

Gold's Recent Volatility

The spot price of gold has experienced significant volatility in the past few weeks, moving sharply away from its recent multi-year or even all-time high. This movement is being widely viewed by analysts not as a bubble bursting, but as a necessary and overdue corrective phase following an explosive rally. The initial ascent that pushed the yellow metal to its peak was primarily fueled by a potent mix of global risk factors, including escalating geopolitical tensions, mounting economic uncertainties, and a prolonged trend of significant gold accumulation by central banks. This period of rapid gains naturally led to overbought conditions and set the stage for a period of profit-taking by short-term investors. (more…)

By Bob711, ago

Gold Price Outlook 2025

Gold Price Outlook 2025Gold Price Outlook 2025 -Gold Gold Bars - Standard Restoration Act,

Here is a summary of the Gold futures high and low prices and the dates, along with the current price:

  • Highest Price This Year:
    • Price: Approximately $4,398.00 per troy ounce (for the December 2025 futures contract).
    • Date: October 20, 2025.

(more…)

By Bob711, ago

Gold market crash 2025

Gold market crash 2025

Gold market crash 2025 - Gold Gold Bars - Standard Restoration Act,

 The one-day drop in the price of gold (via futures) was very large. Given that, I’ll walk through what likely drove the drop, where the risks lie going forward, and what the potential upside/scenarios could be. Note: this is not investment advice — just my take on how the pieces fit together. (more…)

By Bob711, ago

Gold Price Drop – buying opportunity?

Gold Price Drop

Here’s a breakdown of how I see the recent drop in gold prices — whether it looks like a pullback, a rout, or a buying opportunity — along with what the market consensus appears to be.

Gold Price Drop - buying opportunity? Gold Gold Bars - Standard Restoration Act,

What’s happening

  • Gold recently peaked above US $4,300/oz before dropping ~2 % (or more) in a short span, after hitting a record high.

  • The drop is attributed to a combination of:

    • A firmer U.S. dollar (makes gold more expensive in other currencies)

    • Some easing in safe-haven demand (for instance, comments from U.S. leadership around trade with China)

    • The fact that gold is now “overbought” in many analysts’ views, suggesting a technical correction might be underway.

(more…)

By Bob711, ago

Gold vs. Bitcoin – Volatility

Gold vs. Bitcoin

Gold vs. Bitcoin - gold bars

gold bars

The comparison between the biggest single-day dollar drop for Bitcoin and gold year-to-date (YTD) 2025 is stark due to their massive difference in price per unit.

Comparison of Single-Day Dollar Drops (YTD 2025)

AssetBiggest Dollar Drop (Approx.)Context/Typical Unit Price
Bitcoin (BTC)$8,000 to $9,000Traded above $125,000
Gold (per troy ounce)Likely less than $100Traded above $4,000

 

(more…)

By Bob711, ago

Investing in Gold 2025

Investing in Gold 2025

Investing in Gold 2025 -Gold Gold Bars - Standard Restoration Act,

Gold has significantly outperformed both the S&P 500 and the Dow Jones Industrial Average (DJIA) so far this year (Year-to-Date).

Based on recent market data:

AssetApproximate Year-to-Date (YTD) Increase
Gold Price
S&P 500 Index
Dow Jones Industrial Average (DJIA)

 

Note: The exact percentages can vary slightly depending on the specific date and whether the stock index returns include dividends (Total Return) or just the price change (Price Return). (more…)

By Bob711, ago

Gold Trading – The Comex

What is the COMEX?

gold bars - Gold Trading - The Comex

gold bars

The COMEX (Commodity Exchange Inc.) is the world’s primary futures and options market for trading metals like gold, silver, and copper.

COMEX provides a regulated and transparent platform where participants can manage risk, speculate on market movements, and gain exposure to the underlying assets. It is a vital component of the global financial system and a key hub for price discovery, as the prices and daily activities on the exchange impact the precious metals markets around the world.
 (more…)

By Bob711, ago

Jump in Gold Price

Jump in Gold Price

Based on the latest available data, the spot price of gold has experienced a significant jump today and has seen a substantial increase year-to-date.

Jump in Gold Price

Jump in Gold Price

Gold prices reached an all-time high today, with the spot price for one troy ounce climbing to over $3,530. This surge is attributed to several key factors:
(more…)

By Bob711, ago

Arizona Gold Prospecting Dangers – Gila Monster

Arizona Gold Prospecting Dangers – Gila Monster

Arizona gold medal detecting requires covering a lot of ground in the Sonoran desert.

Personally, prospecting around the Morristown Wickenburg areas for over the last 3 years I’ve seen all sorts of wildlife.

I’ve come across a number of wild  donkeys, huge jackrabbits and the number of rattlesnakes. But, with that said I have never seen a Gila monster, well, at least not yet.

Here are some interesting facts about the Arizona Gila Monster: (more…)

By Bob711, ago

Yuma Arizona Gold Prospecting

Yuma Arizona Gold Prospecting

Gold prospecting on the Barry M. Goldwater Range (BMGR) in Yuma is a complex issue due to its primary purpose as a military training range.

While portions of the BMGR are open for public recreation, there are significant restrictions and dangers to be aware of.Here’s a breakdown of what you need to know: (more…)

By Bob711, ago

Arizona 2nd. Largest Gold Nugget

Arizona 2nd. Largest Gold Nugget

The largest reported gold nugget found in Arizona weighed 61.5 ounces (3.84 pounds)25. This impressive nugget was discovered in the mountains of Arizona, though the exact location is not specified in the search results.

Another significant find was the “Eureka” gold nugget, which is reported to be the second-largest ever found in Arizona. (more…)

By Bob711, ago

Nevada Gold Mining

Nevada Gold Mining

The entire gold mining process at Round Mountain Mine, Nevada.

Nevada is often called the “Silver State,” but it’s an absolute powerhouse when it comes to gold production. Here are some basic facts about gold mining in Nevada:

(more…)

By Bob711, ago

Arizona Gold Mine Search

Arizona Gold Mine Search

The question of whether the Lost Dutchman’s Gold Mine was an actual, producing gold mine is at the heart of the legend.

Jacob Waltz did possess and display very rich gold ore. This is a point that lends credence to the idea that he found a significant source of gold. (more…)

By Bob711, ago

Gold at Fort Knox?

Gold at Fort Knox?

Why has the Trump & Elon going toFort Knox for an audit of our gold seem to have dropped out of the news?

A hypothetical audit of Fort Knox revealing that only half the gold was present would send shockwaves through the global economy, leading to a cascade of significant and largely negative effects. Here’s a breakdown of what would likely happen: (more…)

By Bob711, ago