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Finding your Largest Gold Nugget

Finding your Largest Gold Nugget

The Pennyweight trail, Mineral Bar on the North Fork of the American River.

I’m certain all the gold detectorists who are reading this, know what it feels like when you finally on unearth that target, not only see that it’s a gold nugget, but from the size, you know you just set a new personal record! (more…)

By Bob711, ago

Arizona Gold Prospecting Danger

Arizona Gold Prospecting Danger

The Bark Scorpion – the DEADLIEST Scorpion in the United States!

Although the Scorpions are out mostly at night, gold prospector should keep in mind that during the day they are usually in the shade, in between rocks and often occupying other animal holes or the cool entrances to abandoned mines.

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By Bob711, ago

Beach Gold Prospecting

Beach Gold Prospecting Washington State

Five hours work running 15 buckets to recover fine beach gold.

No one ever said gold mining was easy, actually quite the contrary it’s very hard work. But, with that said keep in mind that the majority of gold prospectors do it as a hobby, actually a hobby that can pay you! (more…)

By Bob711, ago

How to find Arizona GOLD

How to find Arizona GOLD – More Productive GOLD Prospecting

Video is really for the new prospector or those thinking of getting into gold prospecting.

I haven’t been drywashing for gold in 6 or 7 years, just been doing gold detecting.

Prospector Mike and I had found some nuggets in two different washes in the Santa Domingo wash area. Mike actually found five good-sized nuggets the largest of which was about 3/4 of an ounce in a wash area of just about 150 feet long.

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By Bob711, ago

Russian Gold Standard

Russian Gold Standard

Did Russia just roll out a Gold Standard heralding a changing world order and shake up for reserve currencies?

Yes, I believe this is another catastrophic blunder by the Biden Administration that is now causing the US dollar to lose it’s status as the world’s currency!

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By Bob711, ago

TREASON for Buying Gold?

TREASON for Buying Russian Gold?

Stop Russian GOLD Act of 2022
Stop Russian Government and Oligarchs from Limiting Democracy Act of 2022

There is a bill being proposed in congress that seeks to block the purchasing power of gold coming out of Russia. 

However, this bill has such a broad overreach that it could turn any ordinary US citizen into a fellow by doing business with any foreign entity who has touched gold from Russia. The powers and penalties granted if this bill passes are terrifying. (more…)

By Bob711, ago

Spot price of gold

The spot price of gold

Well, talk about volatility, here’s a chart of the spot price of gold for the last month:

gold spot price

On March 1, 2022 I wrote“With what’s happening with Russia and Ukraine, I would personally think that we would be well over $2,000 an ounce for gold by now. Sure, gold is a little over $1,900 an ounce as I’m writing this, but, also Russia has just announced that they’re putting their nuclear arsenal on  alert! 

This makes me wonder that once we see a cooling down of the Russian Ukrainian conflict, we might see a substantial drop in the gold and silver prices. Just perhaps, if such a drop occurs, it might be an exceptional buying opportunity either through stocks, ETFs or the physical metal itself, to get into the market so you could have at least a small percentage of your investment portfolio in precious metals.”

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By Bob711, ago

Gold Price @ $2,400

Gold Price @ $2,400

Fantastic interview! Love the quote “Mr Powell has to feel like a porcupine in a balloon factory”.

The conflict in Eastern Europe is likely to be protracted, and energy prices will respond by rallying even higher from current levels, said Pierre Lassonde, chairman emeritus of Franco-Nevada and CEO of Firelight Investments.

“I think that Mr. Putin calculated that this was going to be an easy, quick win for him, to just roll into Ukraine and essentially put Humpty Dumpty back together, which was what he was trying to do. His plans are not turning out exactly as he had wished. With the Germans now changing tack and saying, we’re going to provide military help, that has changed the possible outcome of this war quite dramatically. The longer it lasts, the more profound the impact is going to be, particularly on the energy market. If this goes on for two, three weeks, a month, I think you’re looking at $200 oil,” Lassonde told Michelle Makori, editor-in-chief of Kitco News on the sidelines of the BMO Global Metals & Mining Conference. (more…)

By Bob711, ago

Crystalline Gold – Liberty gold mine

Crystalline Gold

A rare form of crystallized gold that the Liberty area is known for. Crystalline gold is the rarest and most beautiful form of gold and Crystalline gold is especially valued by collectors because of its bright color and unique shapes.

Crystalline gold can form cubes, dendrite or dendritic patterns, octahedrons, thin leaf and sheet forms and many other surprising designs. The prices for different crystalline gold specimens can vary greatly. The major determinant of its value is its appearance, not the amount of actual gold in the piece. (more…)

By Bob711, ago

Ghost Town Silver

Extracting Ghost Town Silver

Going to the silver ghost town of Silver Reef, Utah to collect a sample of silver ore, and meet up with Cody of Cody’s Lab to learn how to extract it. 

Note that silver is also used in solder, an easily-melted alloy used to join electrical connections or copper pipes/plates. (more…)

By Bob711, ago