Gold investing 
Gold Price at another NEW HIGH
Gold Price at another NEW HIGH
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…)
Gold investing 
Spot Gold Price at New Record High
Spot Gold Price at New Record High
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.
Gold investing
The consensus for the value of gold
The consensus for the value of gold
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…)
Gold investing
Gold Price Forecast 2024
Gold Price Forecast 2024
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:
- Increase: Most experts expect gold prices to rise in 2024, potentially exceeding the historical high of $2,073 set in May 2024. Some even predict it could reach $2,300 or higher.
- Factors influencing the rise: Lower interest rates, a weaker US dollar, and central banks buying gold are seen as factors that could contribute to the increase.
- Uncertainty: It’s important to remember that gold prices can fluctuate significantly, and these are just predictions. Economic factors and global events can cause unexpected changes.
- Today: As I write this, the AM spot gold price is: $2,165.10, a new HIGH!
Gold investing
Lackluster performance of gold price
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?
(more…)
Gold investing 
Gold Price Outlook 2024
Gold Price Outlook 2024
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:
Arizona Prospecting 
Gold Prospector Holiday Unique Gifts
Gold Prospector Holiday Unique Gifts
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 . . .
Gold investing 
Gold Buying
Gold Buying by Central Banks
Today, the price of gold is $1,987.90, off by $6.40.
800 tons. – That is how much gold China’s Central banks have bought this year, up 14% from last year, according to a recent report.
gold bars
Keep in mind, that China although the largest purchaser of gold, is by far not the only country that’s been snapping up the yellow metal.
Many other central banks is also purchasing gold. (more…)
Gold investing
Central Banks and GOLD
Central Banks and GOLD
Many central banks all around the world own gold. In fact, since the late 90s, central banks around the world have been net buyers of gold.
That wasn’t true before that. Coincidentally, that is also when the gold price bottomed ended that long bear market and began a massive, epic bull-market leading into a bubble in the late 2000s. (more…)
Gold investing
Price of Gold
Price of Gold
Bloomberg recently published a piece called, ‘The Gold Market’s Great Migration Sends Bullion Rushing East.’
The article notes that China has imported 160 TONS of gold since April, India has added 80 tons, Turkey 62, and the list goes on. Is the U.S. — or other Western nations — selling gold to China? And if so, why wouldn’t we be buying it, instead? (more…)
Gold investing
Gold Standard Restoration Act
Gold Standard Restoration Act Rep. Alex Mooney (R-WV) introduced HR9157. Titled the Gold Standard Restoration Act, the legislation would peg the dollar to a fixed weight of gold. In this video we take a look at existing reported gold holdings of the US government, along with the M2 money supply to arrive at Read more
Gold investing
Gold or Bitcoin?
Gold or Bitcoin
Just a few days ago I published a post and a chart showing that this week the spot gold price hit its lowest level in the last 2 years.
gold bars
I found this amazing when one considers all the turmoil in the world especially in Ukraine and Taiwan. If you’d like to see that post here’s the link:
https://california-gold-rush-miner.us/gold-price-3/ (more…)
Gold investing
Gold Price Plunges to Lowest in Two Years
Gold Price Plunges to Lowest in Two Years
On the markets today the gold price plunged do a two year low! Gosh, it was just March of this year that gold spiked up the over $2,000 an ounce, and yet, today is closed at a new two-year ago below $1,700 per ounce!
- Gold futures GCZ22,
-2.12% for December delivery fell $31.80, or 1.9%, to settle at $1,677.30 an ounce on Comex.
Gold investing
New Gold Market
Russia’s New Gold Market
Russia’s new gold market proposal would create an international trading market that competes with the LBMA and could impact the price of gold, the currencies it’s denominated in, and the ability of bad actors to pull off coordinated manipulation.
What’s the story with the BRICS reserve currency and the proposed Moscow World Standard (MWS)? (more…)
Gold investing
Gold Confiscation History
Gold Confiscation History
This video compares old US Mint gold coin mintage numbers versus 1933 to 1939 melt data to surmise an estimate on how much physical gold was turned in and melted down from Executive Order 6102 in 1933.
We think you will not only be surprised to learn the amount but also some of the very far-reaching effects this era of financial history still holds on our world today. (more…)
Gold investing Selling Gold – Ukraine selling billions of dollars’ worth of gold in order to buy goods!
Selling Billions Worth of Gold
Selling Gold – Ukraine selling billions of dollars’ worth of gold in order to buy goods!
The amount of gold Ukraine said was sold is about 10x more than the gold that they’ve ever officially owned. (more…)
Gold investing
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!
(more…)
Gold investing
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…)
Gold investing
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:
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.”