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

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: (more…)

Arizona gold prospectors Thanksgiving

Arizona Gold Prospectors Thanksgiving

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

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 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 Buying by Central Banks - gold bars

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…)

Arizona Gold Prospector’s Dream Metal Detecting

Arizona Gold Prospector’s Dream Metal Detecting

We all have our favorite pastimes and hobbies and if you’re really into some of these, I’m sure you’ve had an occasional dream about it. 

Well, I’m into gold prospecting, and I’ve certainly had a dream or two about finding that huge gold nugget or vein of gold. Many years ago, I can recall one dream where I was detecting for gold and I found one nugget after another. (more…)

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 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

California Gold Metal Detecting

California Gold Metal Detecting

Mother Lode gold metal detecting and crevicing for gold. Prospector Jerry and Mountain Mike head out into a beautiful area in search gold on ground that is extremely rich, soo rich you don’t even need to dig much if at all to find the chunky gold hiding away..

The gold prospectors are using a Minelab Gold Monster 1000 VLF metal detector. (more…)

Australian Gold Nugget patch

Australian Gold Nugget patch

Yes, there’s still plenty of gold left in Australia.

The Australian Outback has the very harsh climate,  lots of bugs,  and the worlds most deadly snakes.  But, even with these challenges,  gold prospectors with  high-tech gold detectors,  are finding lots of gold nuggets. (more…)

Faking Gold Prospecting T.V. Shows

Gold Prospecting T.V. Shows

So sick of these fake gold prospecting shows.

This guy did a great job of pointing out why the gold had to be  set up there to create an interesting segment and hold the attention of the audience.  There are quite a few other gold prospecting TV shows that I just know are heavily edited to make the viewer think but they are always finding lots of gold in every segment. (more…)