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Clay Diggins

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  1. Welcome gialovesminerals. Your material looks more like slag than Magnetite. Normally you won't find vesicles in magnetite. Why would you want to mine Magnetite?
  2. Roosevelt did not "nationalize all privately-owned gold". So much myth has been repeated for so many years about the 1933 Presidential order and the 1942 war powers act that it's pretty much assumed to be fact. So sad that people don't question the obvious problems in this narrative. The first question that comes to mind is how the heck did they get 125 million freedom (and gold) loving Americans to just hand over their gold without complaint? The fact of the matter was most Americans were exempt from the order. Roosevelt did not ban the possession of gold coin or certificates but instead made an exemption for amounts personally held. Here's the actual text of the exemption from the order: "All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve Bank or a branch or agency thereof or to any member bank of the Federal Reserve System all gold coin, gold bullion and gold certificates now owned by them or coming into their ownership on or before April 28, 1933, except the following: Gold coin and gold certificates in an amount not exceeding in the aggregate $100 belonging to any one person" Now this may seem a small exemption from today's perspective but in fact very few households held more than $100 of gold per person in 1933. That was nearly 5 ounces of gold per person or about 23 ounces of gold for the average size family. The simple fact of the matter was silver coin was the common mans wages and savings. Silver was not affected by the order. Gold was not used in day to day family purchases or payments. What Roosevelt did was to exempt what today would be about $8000 in gold for each individual. About $40,000 for the average size family. That's why nobody complained - the world was in a growing inflationary/deflationary spiral and people were worried about food and a roof over their heads, they sure as heck weren't worried about a Presidential order to turn over gold they didn't own and most likely had never owned. From the common man's perspective the gold order was directed at rich people only. With the Wobbly movement and socialism popular at the time your average working guy blamed the rich for their personal lack of success. Now ask yourself, how many Americans that owned more than 5 ounces of gold turned in their gold or had it confiscated? The answer is in the dozens. Remember this was a banking order. Safe deposit boxes were not opened or seized. The banks eagerly turned over their vault gold for a cut of the new thing (with incentives). In short individual gold owners that had the gold in their possession did not, for the most part, give the government their gold or gold certificates. The "confiscation" was limited to the banks and a few rich idiots. The gold order, and subsequent revaluation, destroyed the nations economy. The depression that was created didn't recover to 1929 levels until 1958. That's a generation living in poverty. The theft of American's fully backed financial system is still causing havoc today. In no way am I trying to absolve Roosevelt or the banks who joined in to accomplish his illegal order. This was a very bad thing that was done. In my experience the way to fix bad things is to gain an understanding of how a bad thing can be fixed. We can't do that if we keep swapping myth and rumor for the facts. Lesson to learn? If you don't personally hold your gold you don't own it - as the trusting folks banking their gold in 1933 learned. Barry
  3. Land Matters did update their Mining Claim Maps today. I've received a lot of calls and emails from claim owners saying their claims were closed in error. Some State BLM offices have admitted there are errors and are in the process of fixing them. If your claim was closed it may have been reopened. There were 1,791 new claims since the mass closures. Maybe your claim has been reopened and is one of the "new" claims? Here's a tip on how Land Matters makes that easier to find. TIP: Land Matters Mining Claim maps all have a map display layer named "New Claims". This map layer is turned off when you first start the mining claim map. If you select the checkbox next to "New Claims" and click the reload map control all the claims that have been located since the last update will be highlighted in red. You can even uncheck the other claim layers and the only mining claims displayed will be the claims located in the most recent update. Barry
  4. There was zero consultation. We received notice well after the fact. The BLM removed the owner names once before. From January 21 - April 1 of 2021 all of the customer information was removed from their database. That was a disaster for claim owners and the BLM. Someone put them back on the right course back then, we can only hope someone will be there to do that again. The BLM mining claims database consists of nearly 250 tables - there is about about 32 Gb of data in those tables. The customer tables are an important part of that structure with many tables depending on the customer tables to be complete. Land Matters for several years had a good working relationship with the BLM. We participated in several stakeholder projects including the MLRS development. For the last couple of years the BLM has become uncommunicative and unresponsive - we no longer receive the updates and notices the BLM used to share with their stakeholders regularly. Getting an actual response to a question now usually results in replies so far off base you have to wonder if they even read the question - if they even respond. From what we have heard this is now standard procedure for the BLM, it's not just Land Matters getting this treatment. There are some good people in the BLM. I've known several thorough the years. Most of the people we relied on in the BLM have now quit. Virtually everything is run by private contractors now and we aren't allowed to contact them directly unless they are one of the contractor assigned Public Relations employees. I'm sure there are still some good people at the BLM ... Reducing public access to public information is not a appropriate policy direction for any Federal agency but it is particularly disturbing that the record keeper for the public domain has decided, without notice, to limit the public's access to the mineral ownership status of those public lands. Barry
  5. I have no idea Bill. The BLM has beconme very uncommunicative after years of a good relationship. We used to work with them closely on several projects including the MLRS. We didn't even receive notice of this data redaction until a week after they had done it. If I were in your situation I would put my concerns in writing and send them a copy by registered mail. I think at this point it's going to be up to individual claim owners to get the BLM to correct their errors. Good luck and keep us posted. Barry
  6. I didn't say they were planning on taking away the database jasong. I wrote that the online database access is gone now. It's been gone most of the day. Right now I can occasionally get a response from it but it fails more times than not. Here is the actual impact of the BLM's redaction of claim owner names. 237,692 owner names removed. 91% of all names including historical records. And here is what a case file serial register page looks like now. You will find those replacement XXXXs in all the BLM records now - not just mining claims. If there was a claim transfer XXXXs same XXXXs for NOIs and POOs. New owner or drop an owner XXXXs.
  7. Oh ...probably. I'm sure it's just a coincidence the error happened on the same date last year. 😅
  8. If you own a mining claim in the lower 48 you may need to check the current status of your claim with the BLM. On November 17th the BLM closed 28,340 mining claims. On this same day last year they closed more than 20,000 mining claims. Many of the mining claims closed last year were closed in error. Although the BLM has reopened many of those mining claims closed in error last year many claim owners were left in limbo while the BLM tried to sort the mess. Unfortunately you may find it difficult to check claim status with the BLM. At the same time the BLM closed the 28 thousand plus mining claims they shut down access to the MLRS claims mapping and removed 91% of claim owner names from the search databases and maps. Now it appears they have also shut down the online records entirely. There is no indication if or when any of these public services will be returned. Land Matters Mining Claim maps have been updated since the claims were closed. The 28,000+ mining claims have been removed from the Land Matters claims maps. If you look on Land Matters and your claim isn't listed there is a very good chance your claim was closed. The mass mining claim closure took place on November 17th and the Land Matters mining claim data is current as of November 20th. I think at present Land Matters is the only source for this closure information and they have the most current claims information. If you know of other more current claims maps please share them here. You can also do a search on the Land Matters mining claim maps by the claim owner name and get the info on all your claims in one window. Land Matters did not remove claim owner information like the BLM did so you may have more luck searching Land Matters than searching the BLM (IF BLM returns the search tool functions) Land Matters also sent out a very large report early this week to their Claims Advantage Members with every closed claim listed with individual maps and links to the BLM records. Now you know why they call it the Claims Advantage. Land Matters educational charity was founded in 2014 for just these circumstances. After the BLM geocommunicator claims and land status map was taken down without notice or explanation in 2012 we noticed a lot of public information being removed from public access. We decided to do what the government has failed to do and aggregate and present this public information in a place that would be available to all people all the time. I just looked and the Land Matters servers have been providing this updated mapping for the last 1,650 days without a single glitch. More than 100,000 maps are served some days. And here is the remarkable thing. All these years and all this work are the result of an all volunteer non profit organization that relies exclusively on individual donations. Land Matters has no grants, has no advertising income, doesn't sell data and doesn't receive federal or state money. It really is a user supported resource. Thanks to all of you. Of course the Land Matters website is even busier with the BLM land mapping being closed. This has been a boom year for Land Matters user growth but like most small non profits it's been a tough year for donations. If you have found value in Land Matters and would like to see Land Matters continue to bring you public information there is no better time to make a donation. Or you could become a Claims Advantage Member by donating $100 or more and we will send you a copy of the 28,000 closed claims report along with another 23 (twice a month) for the next year. I don't know yet if any mining claims that were closed shouldn't have been closed. I've heard a few complaints but I haven't had time to check them out. I certainly hope that isn't the situation this year. If I owned a mining claim I would be checking the status. Barry
  9. No arguments Jim, just facts. I'm not trying to "win" anything here. I've been in this business decades before the dredge moratorium in California. I first dredged in Californisa in 1973. I was personally involved in gathering support in the mining industry for California dredgers. I've been writing about these California mandates and mining law in general for more than 15 years. None of this is new to me. I know you have miners best interests at heart Jim, I don't have any personal animosity towards you. In fact I've found your posts to be informative and caring. The fact you seem to want to apply the dredge permitting scheme to all placer mining in California is an error on your part. We all make errors. The only reason I pursue this issue with you is that you keep misinterpreting the California laws on highbanking. I'm not blaming you personally but these kind of misunderstandings have led to a lot of California small miners actually believing highbanking is prohibited in California. That's not the case as I have demonstrated and the CDFW made clear in their reply to the placer miners questions. Spreading this type of misinformation hurts small miners only. The big mining companies find these type of claims of mining restrictions amusing. I find it harder and harder to get them interested in supporting small miners issues just because of these constant unsubstantiated rumors and misunderstandings. Many of these mining companies were ready to stand by dredgers when the moratorium began but virtually all that sentiment has been drained by the ignorant actions of a few in the small mining activist community. I'm not pointing a finger or blaming you Jim but I am calling out the errors in your theory about the banning of highbanking. Please reread my posts, I think you might come to a better understanding of why I'm interested in setting the record straight. It has nothing to do with argument and everything to do with educating miners about mining law.
  10. I don't see anywhere in the CDFW reply you posted where they said highbanking or pumping water from the stream to your highbanker was a problem. In fact they say just the opposite. CDFW said this in their reply (CDFW quotes in red): possession of your highbanker more than 100 yards from a California river, stream, or lake would not be a violation per se of Fish and Game Code section 5653, subdivision (e). As to the use of a motorized pump to pump river water to the highbanker more than 100 yards from the river, the principal issue relevant in the first instance under the two controlling sections of the Fish and Game Code is not use of the pump or the water returning to the river. Here is the CDFW's sticking point. IF you source the materials for processing in your highbanker from the stream or lake that would be a violation of 5653. The relevant issue is the source of the materials you would process in the highbanker and the purpose. If you aren't going to be processing material from the "bed, bank, or channel of the river" you are not subject to the restrictions of 5653. The 5653 dredging law is specifically about dredging in a stream or lake. Not a thing in there about highbanking or processing material sourced from outside of the stream bed. Nothing in there about moving water from the stream bed. Nothing in there about pumping water out of the stream. I've already posted the California laws for highbanking. I've already posted the laws about riparian stream use. There are already laws that govern these activities. There is a basic principle of law that says existing laws are never to be assumed to be repealed by implication. In other words unless a new law spells out that the old law is being replaced the old law is still in effect. In this case since there is already a law about processing minerals out of stream a newer law that doesn't specifically repeal that law and doesn't even mention processing materials out of stream can't have changed the existing law. So now I've given you California State law governing and permitting out of stream placer mining, California State law governing and permitting riparian rights to stream water and you have the CDFW response specifically stating the issue isn't about highbanking or pumping water but about where you get the minerals you are going to run through your highbanker. I'm still puzzled why you would think any of this means highbanking is outlawed?
  11. I'm still looking for the California law that banned "mechanical devices to recover gold". I'm pretty good at finding laws and I'm "confused" how you found a law that I can't find and why you won't point us to where that law can be read.
  12. There is already law in California regarding placer mining with surface water. No placer mining operator shall mine by the placer process on any stream or on the watershed of any stream tributary directly or indirectly to the Sacramento River or the San Joaquin River without taking both of the following precautions to prevent pollution of the stream by the effluent from his or her operations: (a) Constructing a settling pond or ponds of sufficient size to permit the clarification of water used in the mining processes before the water is discharged into the stream. (b) Mixing with the effluent from mining operations aluminum sulphate and lime, or an equivalent clarifying substance which will cause the solid material in the effluent to coagulate and thus avoid rendering the water in the stream unfit for domestic water supply purposes. There is quite a bit more on the well described procedure for placer mining, including how to give proper notice. https://law.justia.com/codes/california/2021/code-prc/division-3-5/chapter-3/ To my mind it would be best to follow the law before approaching any agency for their opinion. Sometimes it's better to have all your ducks in a row before arguing what a duck is.
  13. You would think California would learn. Remember the Big Cut placer gold mine and how the county and state were screaming "illegal mining"? The state and county claimed he had no right to mine his land. He mined it anyway. https://www.nbcnews.com/id/wbna46309739 The mine owner was fined 900,000 dollars (which they never had to pay). The end result of the harassment was a federal judgement for 107 million dollars in favor of the miner. The Sacramento County Supervisor, planning director and aggregate resource manager for the county had more than 2 million dollars in judgements against them for their involvement in suppressing his mining rights. https://verdictsearch.com/verdict/historical-mine-operators-claimed-county-revoked-right-to-mine/ There are many laws in California regarding using surface waters. All of those water laws are based on the constitutional obligation of the state to ensure that the water is used for a beneficial purpose. California State Constitution Section 2 Article 10 https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CONS&sectionNum=SEC. 2.&article=X There are no laws prohibiting the use of water for mining because under California law mining is a beneficial use of water. The state water board agrees: The following definitions for beneficial uses are applicable statewide; Uses of water for industrial activities that do not depend primarily on water quality, including, but not limited to, mining, cooling water supply, hydraulic conveyance, gravel washing, fire protection, or oil well repressurization https://www.waterboards.ca.gov/about_us/performance_report_1314/plan_assess/docs/bu_definitions_012114.pdf The water board has no power to make laws or change the meaning of laws. The California constitution would have to be changed to give the water board the power to ban surface water use for mining.
  14. Rob rents his forum software just like the other forums. Rob can't fix the software if something is wrong with his forum, only the company he's renting from can do that. I doubt his software has any problem. If it did all the other renter's sites would have the same warning. The forum url subdomain is redirected on the provider's servers correctly. Rob has no control over that, it's strictly a function of the providers software service. Usually these PUP warnings are more about the quality of the antivirus software than they are about potentially(?) unwanted programs. Security software makers benefit directly from false warnings and the fear they create, very few are straight up about that aspect of their industry. I won't have any McAfee products on my computers but that's an informed personal choice based on experience and not a subject for a detecting forum. The web is a big, scary and sometimes dangerous place. You should always be aware of what links you are clicking on and what content you are downloading. Most of all remember there is no such thing as a free lunch. That is 99.9% of web security in a nutshell. Almost all security problems from the web are created directly by user actions, no security software can save you from that.
  15. Rob's forum does not have a virus. I just reviewed his code. There is no virus and no indication there ever was one. The warning you received is about a malicious url - not a virus. Big difference. The way uBlock works the warning may not even be about the site you are trying to visit. It's a 24 hour filter block that will be lifted after the issue is resolved. If you didn't install and use the free third party software that put a warning notice on the site you wouldn't see any block or any problems. A lot of times these warnings are more about poorly coded "free" antivirus and "security" software than about any real threat to users. Mike I'm surprised you would post something like this. Rob is a good guy that has worked hard for years to build his business, serve this community and his family. Spreading this kind of disinformation can cause real damage to Rob, his customers and his family. Saying these things about an internet business is really no different than painting slurs on a shop owners window. I doubt you intended harm here Mike but please think twice about raising panic and fear about someone's business. Maybe choose your words more carefully next time? Barry
  16. Interesting... California is without a doubt the hardest of the mining states to jump through the hoops. I work with several mining companies who have permitted large operations in California in the past two years. The fact is if you know what you are doing and have the funding to carry through your plan even a major operation in California can be permitted, built and operating in under two years. The same type operation in another mining state would be mining in less than a year. That's my experience. I realize others have different experiences but I'm not buying into the "impossible" narrative. If you have mineral rights on federal lands you have the right to mine those minerals.
  17. As phrunt pointed out that video is not that far from the reality. With enough AA Alkaline batteries these electric cars would run fine - until the batteries run down. Other than the battery chemistry the video pretty much reflects the reality of electric cars today. Neither Tesla nor Toyota manufacture batteries. Tesla has a partnership with Panasonic who manufactured the 18650 batteries previously used in Teslas and the current 2170 they are now using. It takes 4,680 2170 batteries to make the battery pack in a Tesla model Y. The 18650 battery requires 8,256 cells. The 2170 battery pack is about 300 pounds lighter than the equivalent 1860 battery pack. The 2170 is nearly twice the mass and more than twice the output of the old 18650 battery. Panasonic is also manufacturing the replacement 4680 batteries Tesla is now incorporating into their manufacturing. The new (much larger) 4680 battery supplies 5 times as much power as the 2170 and are quite a bit more efficient. The Panasonic 4680 is not just a bigger lithium battery it has a tabless design which is an actual concrete improvement in Lithium battery design. It's how they managed to finally make a bigger lithium battery instead of using all those flashlight batteries everyone else is still stuck with. Toyota sources most of their EV batteries from Panasonic and LG. Toyota uses both Lithium and NIMH batteries in their cars and don't generally reveal which you are purchasing. Toyota has had plans to manufacture a new solid state lithium battery in a partnership with LG (South Korea) since 2018. Two months ago Toyota pledged more than 5 billion dollars towards that or possibly another partnership or two. At present neither the money nor the batteries exist but the plan is to be in production by 2025. I think Chevy got the jump on everyone. Their Bolt uses a pouch battery (like in your cellphone) that has a runaway problem (fire) that caused them to recall all 141,000 of their Bolts and stop manufacturing new Bolts. Unlike Tesla and Toyota, Chevy for the time being, is no longer bleeding money by selling electric Bolt cars at a financial loss. In my book that's a win with the bonus being there are now fewer electric cars catching fire and burning to the ground, with toxic fumes, in our public places. Chevy Bolts are now being offered for sale with a new battery pack and a $6,000 lower price. You can order one now but there is no plan to deliver Bolts until "sometime" in 2023. Chevy is offering current Bolt owners $6,000 cash to promise not to sue Chevy for any battery issues they might encounter. Solid state batteries aren't new technology. "Solid state" when referring to battery technology is simply a solid electrolyte battery as opposed to the liquid or gel type electrolytes used in lithium batteries now. Solid state batteries have been in common use since the 1950s. The first solid state lithium battery was manufactured in the 1990s. There are a lot of problems to solve before a solid state lithium battery can be considered as a real candidate for replacing the current lithium batteries in autos. Being that 18650 batteries cost about $5 retail and less than $3 wholesale I doubt the cost of Minelab battery packs has much to do with what batteries are being used in cars. Does anyone know how many 18650 batteries Minelab is using in their battery pack?
  18. Those kangaroos will need shearing in a month or two. I hear the dingos used to do that until the natives took over. Maybe next time get them to stand on their hind legs Steve. Folks in the States get confused when they are just standing around like a bunch of Rambouillet.
  19. AZO forum died quite a while ago. I noticed the ICMJ forum flew away recently also.
  20. I know a little about COMEX. I was hedging metals there for several years after they opened their gold futures exchange in 1974. It has changed since then but it's only become more expensive and restrictive for small manufacturers and investors since that time. No one can buy gold on COMEX. Gold is not for sale but futures contracts can be had. COMEX is a place to exchange futures contracts - not gold. The individual futures contract seller is responsible for delivery - not COMEX and not your Broker. The person taking delivery is responsible for transportation, warehousing, insurance and security. A futures contract for gold can sometimes be taken to physical delivery but the conversion losses are so large that it's almost always less expensive to buy physical gold from one of the big metals dealers even with their higher prices. Neither you nor I can buy or take delivery on a COMEX contract unless we are pre qualified as an Executing Trading Firm. (Usually that's your broker if they are one of the big boys.) The vast majority of gold futures contracts on COMEX are "rolled over" at the end of contract with an EFRP (Exchange for Related Position) - no gold exchanges hands. That is exactly what your selected Executing Trading Firm will strongly encourage you to do. Many are tempted by the COMEX gold mini contracts of 50 oz. Unfortunately those are cash settlement only contracts - no gold is delivered or promised in the contract. Physical delivery means gold in hand and is obviously distinct from someone else promising you they have your gold. One important thing I learned hedging metal on the COMEX was if the metal isn't in your hands you don't own it. COMEX futures contracts are not gold in hand. I don't see a logical or price connection between gold you might pay for in the future and might take delivery of even further in the future to local dealer prices for immediately available recognized gold coins in hand. The market clearly doesn't see a connection between COMEX and physical gold anymore. It's been a few years since physical gold dealers have been paying more than COMEX spot for physical gold and selling at a 20 - 50% markup over COMEX spot. . For anyone who has traded in gold for nearly 50 years that is an obvious, historically unique, and big disconnect in COMEX futures vs physical pricing.
  21. It's pretty cheap for a live instructor for two hours if they are any good. If you don't feel you need a live instructor you can learn this stuff fairly easily and for free. Just download QGIS and follow the extensive documentation and instructions. Here's their simple tutorial on using LIDAR data to create a 3D map. https://docs.qgis.org/3.22/en/docs/training_manual/forestry/basic_lidar.html?highlight=lidar
  22. I think as soon as phones become as powerful as many already believe they are the tools to do real time local 3D comparative scanning already exists. https://www.opentopography.org/blog/iphone-lidar-applications-geosciences Now all we have to do is figure out how to strap a $1000 iPhone to our coils along with a cooling tower for the coprocessor and a case for the extra batteries and data storage.
  23. Welcome to the forum Ben. I'm a fellow programmer and can probably show the basics of where the road blocks exist in the current technology. I am not a detector expert but there are a few on this forum, hopefully they will chime in. Please don't take offense at my comments. They are directed to all readers and aren't meant to denigrate the programming work you are doing today or the current state of "AI'. First off a pet peeve- AI since 2015? Nothing like changing the definition to achieve the goal. You certainly mean neural network Weak AI? Alan Turing is rolling over in his grave. Real Artificial Intelligence doesn't exist - it's only hypothetical at this point. Real Artificial Intelligence wouldn't require humans feeding training data to a program. What the public is led to believe is that intelligent Strong AI exists then they are offered Weak AI as proof of concept. We were employing Weak AI back in the late 1970's at TI - nothing new but the name. To answer your question the "AI" you are referring to is used in several metal detectors today. You can start with automatic ground balance. Signal acquisition and processing is where most of the development is centered today. GiGo applies to metal detectors just like every other real world system and there is a huge amount of garbage in these signals. As already mentioned humans perform this sorting function with the currently available detecting technology based on individual experience. Also noted is that even the best detectorists either dig every target or admit to missing gold if they don't dig every target. In other words human sorting of the data received by the detector is still very poorly developed even among the best operators. If there were true artificial intelligence the best we could expect is the same level of data sorting. I have doubts about the usefulness of an "AI" system that has no more capability than the existing human operators. Metal detecting isn't a button pushing job at a factory. With the current BFO, VLF and Pulse detecting systems it is not possible to directly correlate signals received with the substance being detected. Not enough of the right kind of data. The use of slot filters can eliminate unwanted signals but those will also miss many of the target metal signals as well. As you can see from previous comments some believe a processor enabled slot filter amounts to AI. Thus my previous comments. A different physical data collection device is needed to distinguish individual metallic signals. At present no such system is available to the detecting public but you can bet some smart folks are working very hard on that goal. Of course once a system is designed that can discriminate among metal types there will be no need for AI to parse those signals for the operator. I understand where you are coming from. My first thought when I picked up a BFO back in 1973 was that these machines need more intelligent processing to make sense of the signals created. I too misunderstood what was meant by a "metal detector". A lot of work has been done already towards the goal of cleaning up the signals from the existing systems. The best we can do now as programmers now is sit back and let the engineers discover a working physical system to get the data that will allow true metallic discrimination.
  24. The physical price of gold is not connected to the paper COMEX futures market. It's been quite a few years since there has been a relationship between derivative paper gold and physical gold. Gold price does have a direct relationship to the purchase power of fiat currencies. If the dollar goes to zero gold goes to the moon - but so does food and fuel and all the other things we need to live. $10k-$50k gold is certainly a possibility under those circumstances but it's not something a reasonable person would wish for. Every physical gold dealer I know of will pay you more than market spot for gold. Right now most dealers are offering $25 over spot or more. Actual physical American Eagle gold ounce prices are about $120 an ounce more than the paper market price. What you see on television or market reports from pundits is often BS but the real physical market is not fooled by media hype. Look a little further than the TV and you will see that gold has risen in all currencies over the last 5 years. Our Australian friend's gold prices have risen from $1173 to $2063 today (56%). In the US during the same period gold has risen from $1200 to $1800 (66%). Please don't "invest" in gold. Gold is a zero sum game - there is no "profit" from gold. On the other hand a zero sum game is looking pretty good when the value of the dollar is tanking and household inflation is around 25% this year.
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