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…)
Not only are large Banks and individual countries stocking up on gold, but since Costco has been offering 1oz. gold bar sales, the General Public has been making this one of the hottest sellers at the Costco warehouse chain. (more…)
Even with an afternoon consolidation, both the Futures gold price and silver price hit new highs today!
The Silver futures spot price briefly hit $34 per ounce, the highest level in 12 years before paring gains. (more…)
Well, even though the spot price of gold made a new all-time high price today, it’s still far from $3,000 an ounce!
gold bars
But with the momentum that we’ve seen just in the last month or so, there is a possibility that gold could hit $3,000 an ounce by the end of the year! (more…)
This video looks at gold’s role throughout the history of mankind.
We will find out how and why gold became money and trace its path through the rise and fall of empires and civilizations. (more…)
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…)
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…)
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.
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…)
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 . . .
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…)
