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…)
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…)
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…)