Gold Nugget Prospecting Equipment

Gold Nugget Prospecting Equipment 

A great hobby that if done right, can really make you some big bucks! Gold nugget prospecting mostly in very remote areas, so, it really pays to be prepared. We show some of the basic items one needs when heading out to prospect for gold nuggets.
Be sure to view our gold nuggets for sale at:   http://www.california-gold-rush-miner.us

Spot Gold Price

Gold will go up for some time. Probably until the massive sovereign debt unwinds. I don’t know about $3,000 an ounce but it is possible.

So Junior Miners with solid producing properties and proven assayed deposits they can partner to develop, will go back up quicker and some will be buyouts as we’ve seen recently.

Gold nuggets for sale

Gold - Why You Should Own Some

Will inflation be the only way to bail out an economy consumed by debt?

In the 1930s debt deflation was allowed to take its disastrous course with public spending cuts and trade barriers making an already deteriorating cycle considerably worse.

However, anybody who has just bought into the stock market rally should really think about selling and staying out for a while. This is a time to park money in gold and silver and even exit cash, although you might care to note that cash and precious metals were the best performing asset class of the 70s, while in the 30s gold was the real star.

A new global currency is not the solution. Geithner and the politicians need to curtail the explosion in Washington spending, expanding the debt and destroying the dollar but the real solution is a gold backed currency free of government manipulation.

gold metal detector

Largest gold nugget found in the Western Hemisphere!

The largest gold nugget found in the Western Hemisphere is up for sale!


For full details and additional nugget photos, please visit:
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18 Karat Gold Bathtub Stolden!

In Tokyo, thieves made off with a $987,000 18-karat gold bathtub from the guest bathroom of a luxury hotel. "We have no witness information and there are no video cameras," said a police official. "We have no idea who took it."

That's a pretty ballsy move, stealing a 178-pound gold bathtub (from the 10th floor, no less). Mother lode gold

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gold prices

Spot gold price up 24% in 2006!
by agold — published on February 4th, 2007

The price of gold rose by 24% in 2006, new research from Clerical Medical shows. This was the largest calendar year rise since 2002, and the third biggest annual gain in the past 20 years.

Since 2001, the price of gold has more than doubled, rising from $277 per oz to $635 per oz in 2006 – an average annual rise of 18%. View gold nuggets for sale at:
http://www.california-gold-rush-miner.us

LA Gold Tale

A leather satchel stuffed with rubies, emeralds and diamonds, engulfed by the concrete parking lot at the Hollywood Bowl, stashed there by a lone sheepherder centuries ago, after he nicked it from agents of the Mexican emperor Maximilian.
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Recent slide fails to squelch gold bugs

globeandmail.com : Recent slide fails to squelch gold bugs: "VANCOUVER -- Gold may have been beaten up in recent weeks, but true believers are not losing faith.
'A $740 [U.S.] per ounce gold price is nothing -- it should be double that,' said Bill Murphy, chairman of the Gold Anti-Trust Action Committee, a Dallas-based group that tirelessly promotes a gold-price suppression theory involving central banks, trading houses and governments.
'This is Mickey Mouse stuff; the real action hasn't even happened yet.'
Mr. Murphy and other gold fans would have taken heart from the precious metal's performance yesterday, when gold prices climbed on reports of weapons testing in North Korea and continuing jitters over nuclear programs in Iran. Prior to that, gold prices had fallen for five consecutive weeks.
But yesterday, gold futures for August delivery rose $8.10 to close at $580.50 an ounce on the New York Mercantile Exchange.
Prices, which hit a high of $732 an ounce on May 12, are still up 30 per cent from a year ago despite the recent slide.
'The market's gotten enough of a liquidation, it's coming back to look at core fundamentals,' said Frank McGhee, head metals trader at Integrated Brokerage Services LLC in Chicago. 'Gold will start refocusing on North Korea, Iran and the hurricane season.'
With its reputation as a safe-haven investment, gold tends to rise in times of political turmoil or tension.

Big gain in Gold!

Gold Has Biggest Gain in a Month as Dollar Drops; Silver Climbs
June 15 (Bloomberg) -- Gold had its biggest gain in a month as the dollar fell against the euro on speculation reports today will show a slowdown in U.S. economic growth. Silver rose as much as 6.6 percent.
The U.S. Federal Reserve may say industrial production probably grew 0.2 percent in May, according to the median of 76 forecasts in a Bloomberg News survey of economists. That would follow a 0.8 percent April gain. A Labor Department report may also show jobless claims rose last week. Gold is rebounding from a three-month low, as the weakening dollar encouraged investors to buy precious metals as alternative investments.
``Gold is moving on the back of the dollar,'' said David Gornall, head of foreign exchange and bullion at Natexis Commodity Markets Ltd. in London. ``The correlation between the dollar and gold seems to be more important now.'' "

HUGE Gold Price Drop

SABCnews.com - economy/indicators: "Gold price drops by biggest margin ever

Gold lost its glitter today as its shares fell by its biggest margin since July 2004
June 13, 2006, 18:30

Gold lost its glitter today as its shares fell by its biggest margin since July 2004. At one stage the gold index, which is home to three of the top five gold producers in the world, fell by nearly 11% as the gold price dropped to below $600 an ounce.

But South Africa was not alone as world markets also suffered major losses due to fears that higher inflation and interest rates will smother economic growth. The timing could not have been worse. Over the last two days, the JSE hosted an exhibition promoting mining companies on the stock exchange. But a stronger US dollar spoilt the party. It has made gold more expensive, which leads to a lack of demand and a lower price. "