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  1. Im sure they all thought it would never happen back in the thirties. what odds do you give it in 16'? How about that safe deposit box, how do i get into it when bank is shut down? FFT...
  2. So this contest is about looking at nuggets and then telling where they came from. Some gold districts produce nuggets with certain distinctive characteristics, so that the gold can be recognized as to where it came from. Loads of times I have heard guys say things like "I saw that gold he was finding and I can tell where he got it" - Even to the point of accusing other prospectors of trespassing or claim jumping only based on the appearance of their gold. Sometimes it does work - Some moths back I was talking with a Sourdough Scott at a local GPAA meeting and he was telling me he got some gol
  3. I just did a scan of what I regard as the top three (other than our home away from home - here) US Nuggethunting forums. Nothing, nada. No "I just got the latest and greatest whatever detector and here's what happened - no how do I do - whatever. Just pretty much nothing. I know it's hot in AZ and Nevada but still! Please feel free to point out the error of my opinion.
  4. Here is a chart showing gold prices the last five years: Note that we are pretty much where we were with gold prices five years ago. From this perspective it looks like we lived through a gold bubble that saw prices nearly reaching $2000 an ounce. Many gold bugs have lost the faith, but some, like Peter Schiff, are still calling for $3000 and even $5000 gold. What do you think? Has gold settled into a reasonable supply and demand range after flirting with higher prices? Or is this just a pause setting the stage for dramatically higher prices in the future?
  5. I've started a contest on Rob's Forum for a 7 1/10 grain Ghost Nugget and all is welcome to play. http://forums.nuggethunting.com/index.php?/topic/11584-its-time-for-a-contest/ Chuck Anders
  6. Headed out for breakfast in town this morning and stopped in a local antique shop first. Looking around and saw this nice little nugget for sale in one of the cases. Thought I would post a picture for a little Friday inspiration.
  7. Gold has been pretty steady in the $1200 - $1300 range for around three years now. It seems to have set a strong floor in that range. Now Citigroup is calling for gradually rising average prices going forward. http://blogs.barrons.com/stockstowatchtoday/2015/02/09/gold-miners-cheap-oil-strong-dollar-boon-for-newmont-mining-barrick-gold/?mod=yahoobarrons&ru=yahoo "We remain positive on our gold coverage with Citi’s Commodity team expecting gold to average $1239/oz in 2015, $1260 in 2016 and $1340 in 2017." Actually looks like a reasonable and sensible forecast for once instead of all the hy
  8. Dear Ray Schulze, We have just come into written correspondence from the District Attorney of Siskiyou County which is rejecting to prosecute suction dredgers without a permit as a result of the recent Third Appellate published Decision. This should go a long way towards prompting California to establish a reasonable set of regulations and permitting system in time for our 2015 season. Watch for more on this in our November newsletter. I want to thank everyone who has been responding to my requests for more participation in our ongoing fund-raiser which will end this coming Friday with 3 oun
  9. It has now been three years since gold set a record high of about $1900 per ounce. Unfortunately it has been trending downwards ever since. I say unfortunately because it makes it harder for me to make a buck off my gold, but it also impacts the manufacturers and magazines, etc. that survive in an industry largely driven by the price of gold. Exploration dollars are very hard to come buy, and sales of gold mining related equipment are pretty much off across the board. Of course nobody knows what tomorrow might bring, but the big money is betting even lower gold prices, and in some ways that
  10. Like, most people heading to Nevada, Barrick Gold (ABX) is looking to strike, um, gold. It’s one of the few, however, that is actually looking for the precious metal rather than stuffing quarters in a slot machine in Las Vegas. http://blogs.barrons.com/stockstowatchtoday/2014/09/22/barrick-gold-hitting-the-jackpot-in-nevada/?mod=yahoobarrons&ru=yahoo
  11. Many people dream of finding a big discovery, a gold mine that could make them rich. The problem these days is regulations and lawsuits have driven the cost of mining so high you need a really big find to make a go of it. Remote sites with a lack of infrastructure face even bigger hurdles. I was told ten years ago in Alaska that we needed at least a couple million ounces in the ground to be a mine these days. This new article at http://finance.yahoo.com/blogs/daily-ticker/gold-industry--needs-to-get-its-act-together---randgold-ceo-142651501.html I found interesting due to this quote: "In the
  12. There is a case to be made that gold has bottomed. Supply is outstripping demand and we live in a world where ever more money is being created. Paper money is still backed by gold in that you can trade your dollars for gold any time you want. Now may be a good time for that. But the other play is to invest in gold mining stocks, which have suffered greatly as of late. Buying stocks when nobody else wants them does not always work but it does enough to consider. I am not expert in any of the above, and you can always find opinions for any side of this equation. The fact is nobody, even the so-
  13. G'day, Gold Rush in the Desert Around Jabal al-Sukkari, or Sweet Mountain, there are now hundreds of Egyptians looking for gold. They carry their metal detectors with pride, like rocket launchers on their shoulders. http://panorama.madamasr.com/2013/searching-for-gold-in-the-desert/ Regards, Rob (RKC)
  14. China is poised to snag the title of the world's biggest gold buyer, a feat that could support prices of the precious metal as well as accelerate the global bullion market's shift eastward. Gold purchases by Chinese consumers jumped 41% last year to a record, according to data released Monday by the China Gold Association. China has long had a cultural affinity for precious metals, and the increasing affluence of consumers there, along with more relaxed investment restrictions, has boosted the country's demand for gold bars and jewelry alike. The increase was enough to overtake India, which
  15. Low water is good for gold snipers. This article highlights how the recent drought, while bad in many respects, has a silver, or should I say gold lining for prospectors. http://www.wbur.org/npr/273051178/prospectors-see-a-golden-lining-in-californias-drought
  16. SINGAPORE (Reuters) - Gold climbed to its highest in nearly six weeks on Monday as a dip in equities lifted bullion's safe-haven appeal and improved investor confidence in the metal. http://economictimes.indiatimes.com/markets/commodities/gold-hits-six-week-high-platinum-up-on-south-africa-strikes/articleshow/29104631.cms
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