Goldfield was a bustling mining town in the early 20th century, renowned for its rich gold deposits. Its story is a classic example of the American West’s boom-and-bust cycles.
Discovery and Boom
The Lost Dutchman gold mine is one of the most enduring legends of the American West.
It’s said to be hidden somewhere in the Superstition Mountains of Arizona, and its existence has tantalized treasure hunters for over a century. (more…)
Gold metal detecting in the Victorian Goldfields. This is what gold prospectors dream about! (more…)
As I’m writing this post, the futures price for gold has jumped up over $42 per ounce just today!
Yes, that’s the good news for gold investors, but the bad news for the rest of us is it would seem this is reflecting the fact that we’ve never been closer the World War III then we are today! (more…)
This morning’s spot gold price for August delivery moved up to an all-time high that is nearing $2,500 an ounce!
Futures spot Gold for Aug 24 (GC=F)
Gold discoveries were quite significant for Arizona’s early development, though copper eventually became the bigger player. Here’s a breakdown of the impact: (more…)
Uncover the captivating tale of the Lost Yuma Ledge Mine, a legendary Apache lost gold mine in Arizona that has enthralled treasure hunters and history buffs for generations.
This video delves into the rich history of gold mining in Arizona and the enduring mystery surrounding this fabled hidden mine and its secret treasure. (more…)
The gold in Northern California has a fascinating origin story stretching back hundreds of millions of years.
See what led to the famous California Gold Rush.
There has been speculation and rumors of this currency for some time, and one major theory is that it would be backed by a basket of commodities including gold.
However, the Kremlin recently announced they have almost completed a digital currency based on blockchain technology. (more…)
The spot gold price dropped around $74.50 per ounce today, April 22nd, 2024.
This represents a decrease of roughly 1.66% compared to yesterday’s price. This huge one day price drop is really surprising when one considers that gold remains one of the best investments so far in 2024! (more…)
Yes, if you’ve been reading my past post you know that it was just a few days ago, in my prior post I said that gold had said a new record high price, that was at that time $2,349.10.
gold bar
Well today, gold said another new high price, and is now at $2,367.20 it was up $16.20 on today’s session.
Many people have been wondering why gold is all of a sudden on a major move up. Well, for anybody keeping up with the latest news, the reason should be quite clear. It seems gold always moves up in times of crisis, economic instability and naturally a falling dollar. Today, unfortunately we’re seeing all of these occur, and these are the reasons that gold is gone to new highs. (more…)
Yesterday, the spot gold price once again, set a new record high price,
Spot Gold Price at New Record High
Plus, yesterday saw a daily jump of $40.16 and ended the session at: $2,349.10
Investing in gold versus fiat currency.
The consensus on the value of gold is a bit mixed right now (March 30th, 2024).
As of yesterday, March 28th, 2024, the spot price of gold was around $2,234.10 per troy ounce. (more…)
Awesome and inspirational Australian Gold Nugget prospecting video.
This has to be one of the best gold prospecting videos that I’ve seen. Not only is it well put together but it’s also instructional and informative for anyone considering hunting for gold nuggets with a metal detector. (more…)
I did it, I actually did it! You won’t believe this find! I recently uncovered a once in a lifetime Gold Nugget in the Australian bush.
This was not on private property or from a mine site just sitting a few feet under the dirt in a nondescript area.
The outlook for the price of gold in 2024 is generally positive, with many analysts predicting an increase.
Here’s a breakdown of some predictions:
Lackluster performance of gold price
With all the chaos in the world today you would expect the spot gold price to be way up. Considering that some people believe we’re the closest we’ve ever been to World War III, personally I would think we would be experiencing $3,000 Plus on the spot gold price!
But, what do I know I’m just an Arizona weekend gold prospector?
With the spot gold price approaching $2,100 an ounce, what’s the outlook for the price of gold for 2024
Gold Price Outlook 2024
The outlook for the price of gold in 2024 is mixed, with some analysts predicting further gains and others expecting a slight decline. Here’s a breakdown of the current situation and potential factors at play:
Last minute holiday specials for the prospector or Junior prospector in your family. With inflation running rampant, it could be a good idea to invest in some additional precious metals.
Alaska Gold
1/2 oz of nice chunky Alaskan gold – $1,130
View other items . . .
