Monday, June 24, 2013

13 Years of Gold Prices

Gold has increased since 2000.  So what is happening now?
Are you still buying   ?  I know I am buying all I can right now.


I see gold for sale from reliable sellers here on eBay
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Gold prices are moderately lower in early U.S. dealings Monday as prices trade not far above last week’s 2.5-year low of $1,268.70, basis August Comex futures. Bearish outside market forces are working against the precious metals to start the new trading week, as the U.S. dollar index is higher and the raw commodity market sector is under general selling pressure. The gold and silver market bears remain in strong technical control of their markets. Comex August gold last traded down $8.90 at $1,283.10 an ounce. Spot gold was last quoted down $14.70 at $1,284.40. July Comex silver last traded down $0.319 at $19.64 an ounce.
There is still risk aversion in the market place Click here to read more.

Thursday, June 20, 2013

The Question is Will Gold Ever Go Back Up?

We were all hoping gold would go to $2000, what happened?
It is still a really great time to buy gold with the price down.  I just don't feel you can ever go wrong with buying gold.  To me you can never have too much gold.

This is an article from Kitco.com on what they think is happening.
#Gold & #Silver Hammered to 2.5-Year Lows; Major Chart Damage Suggests More Downside To Come ▸ http://OnKit.co/mdRif 

Gold and silver futures prices are sharply lower and have careened to better-than-2.5-year lows in early U.S. trading Thursday. The market place sees traders and investors in a keen “risk-off” mentality following Wednesday’s U.S. Federal Reserve events. Fresh, serious technical damage has been inflicted in the gold and silver markets to suggest they will see still more downside price pressure to come. Comex August gold last traded down $70.10 at $1,303.90 an ounce. The August contract traded down to a low of $1,285.00 in overnight trading. Spot gold was last quoted down $46.40 at $1,305.25. July Comex silver last traded down $1.458 at $20.165 an ounce. July silver hit a low of $19.64 in overnight trading.

Asian and European stock markets slumped overnight. U.S. stock indexes are also solidly lower Thursday morning. Most raw commodity markets are getting hit hard Thursday. Importantly, world bond markets are also seeing serious selling pressure Thursday. The U.S. dollar index has rallied sharply after early Wednesday hitting a four-month low.

While the FOMC statement released Wednesday afternoon said U.S. monetary policy will not see an imminent change and there was no mention about tapering of the Fed’s monthly TO Read more https://www.facebook.com/KitcoNews?ref=stream&hc_location=stream


To find some gold to buy look here
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Monday, June 10, 2013

How do you how to size your gold nugget?

How do you describe the size of your gold?

This  is how we do it.

Nugget - Worn and rounded by movement through water and earth. Weighs over one grain Troy.

Coarse Gold - Remains on (won't pass through) a 10 mesh screen.

Medium Gold - Passes through a 10 mesh but remains on a 20 mesh screen.

Fine Gold - Passes through 20, remains on 40 mesh screen.

Very Fine Gold - Passes through a 40 mesh screen.


Flour Gold - Not really defined but smaller than very fine.

Where do you find gold if you are not living here in Arizona where we can find it in the dessert with our ..... Well you can find some gold nuggets here......

Friday, May 24, 2013

Have you ever bought a gold nugget?

Have you still got your gold nugget?
Do you think it is still a good idea to buy gold?
I think now is the time to be buying gold.  The price is way down with everyone worried that some bank overseas is going to sell off their gold.   What websites do you follow to find out gold prices?  I use Kitco.com, I really like their charts.  You can find their price chart on the right of my page.
  

Click here to see my Gold Nugget...

Are You Metal Detecting for your Gold? Here are reviews.

Metal detecting is very popular here in AZ.  This article has reviewed many of them.  http://www.thebestmetaldetector.com/

We have metal detecting clubs with over 1000 members in just ours.  There is a club in Yuma, Laughlin, San Diego and Phoenix.  The clubs buy up mining claims and when you join for only $20 a year you get to use those claims.  Lots of gold nuggets have been found on our claims with metal detectors.  Enough to pay for it and more.  To see some for sale new and used .Metal Detectors">....
We have been lucky enough to acquire some nice gold nuggets, see them here ..Gold Nuggets..


Monday, April 29, 2013

What is Gold Going to Do this Week Up or Down?

After the last couple of weeks it will sure be interesting to see what gold does this week.  We have bought it while it was low now maybe time to sell some of that off.
Right this minute it is $1475.
This is what the experts are saying.

Gold maintained a close above our suggested stop loss on Friday at $1,454 and filled the retracement to $1,477. News this week should create the pivot to break the range. The European Central Bank will meet to discuss interest rate policy, although Germany is expected to resist dropping key rates from its current 0.75% level, so, the grinding slowdown in the other EU member economies may win the day.
The “experts” are suggesting that a drop in EU rates will be very bullish for gold. On its face, added liquidity should be price supportive for the metal. However, I caution that lower EU rates may have a serious implication for the value of the Euro. This may create more demand for the US dollar, which “historically” is negative for the commodity complex.  To read more from Pete Hug http://www.kitco.com/ind/Hug/2013-04-29-Pivot-Week.html
Here is where you can buy some nice gold nuggets http://www.webstore.com/16272,user_id,shop


Friday, April 26, 2013