Investing in Gold
In 2024, both gold and the S&P 500 have experienced significant growth, with gold slightly outperforming the S&P 500.
As of early November 2024, gold has seen a year-to-date increase of around 17-18%, while the S&P 500 has gained approximately 17-18%.
Beginner’s guide to gold panning and extracting the fine gold with a suction bottle.
Gold Panning
Gold panning is a traditional method of separating gold from other minerals in sediment. Here’s a basic guide:
Seasoning a Plastic Gold Prospecting Pan
Why Season a Plastic Pan? A new plastic gold pan often has a smooth finish that can cause tiny gold particles to slip away.
Seasoning the pan roughens the surface, creating more friction and helping to trap gold particles. (more…)
As I’m writing this the futures spot price of gold just broke through an all-time high. Currently, the gold spot price is over $2,700 per ounce!
Gold at New High Price
San Domingo Wash Gold
The San Domingo Wash area in Arizona has a rich history of gold prospecting that dates back to the late 19th century. The first significant discoveries were made in the 1870s, leading to a boom period that saw the establishment of several mining towns, including Old San Domingo and New San Domingo. (more…)
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
Gold metal detecting in the Victorian Goldfields. This is what gold prospectors dream about! (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…)
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.
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
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Within Colombia is an active volcano that emits more than 100 kilograms of gold each year.
Plus, when an eruption occurs, the amount of gold emitted sometimes ranges into the tons of material. (more…)
In the heart of the Arizona Territory, where the sun beat down mercilessly and the saguaros stood like silent sentinels, a motley crew of gold prospectors found themselves stranded on Thanksgiving Day. Their trusty wagon had succumbed to the treacherous terrain, leaving them stranded in a desolate canyon, far from any semblance of civilization.
Arizona gold prospectors Thanksgiving
As the day dawned, casting long shadows across the parched landscape, the prospectors gathered around a meager campfire, their faces etched with worry. Their supplies were dwindling, and the harsh desert offered little sustenance. But amidst the despair, a glimmer of hope emerged. (more…)
Gold metal detecting in Northern California.
In case you were wondering if there was any good gold still left in California, here are a bunch of gold nuggets that my friend Mike found with his GPX 6000 just a few months ago.
Imagine finding a huge gold nugget like this?
If you’re into gold medal detecting, you certainly know what it feels like to get a good signal and then dig up a nice good or gold nugget. (more…)
Gold has been discovered around Lake Mead, which is located on the border of Arizona and Nevada.
Northern Arizona has a rich history of gold mining, dating back to the 1800s. (more…)
The sweet potato gold nugget found 12/6/21.
Some say found near Wickenburg, Arizona. (more…)