You Could Be Yelling "Eureka!" Despite the Failing Economy
I just read a great news story published by ABC News titled "Tough Times? Go Gold Mining"
"Financial markets are turbulent, family finances are unstable and the economy is imploding. Perhaps your next vacation or weekend jaunt should be a gold mining trip.
Former Northern California mining towns offer tourists the opportunity to try their luck at gold panning. Find a large golden nugget, and quit worrying about Wall Street investments.
"People frequently find gold flakes if they are persistent enough. However, every few months, someone will find a significant gold nugget which can be worth about $700 to $800 or more," said California state park ranger Suzie Bowman in Coloma, California's Marshall Gold Discovery State Historic Park.
"In my personal opinion, you have to be 7 or under to find them. It always seems like it's a little kid who finds them."
While the stock market is volatile, gold maintains some semblance of stability.
"Gold is an asset that bears no credit risk and, therefore, involves no counter-party and is no one's liability. This is an extremely attractive characteristic to investors, given the current turmoil in credit markets," said Natalie Dempster, head of investments for North America at the World Gold Council.
Even if there is no opportunity to yell "Eureka!" gold mining towns offer a unique perspective on life during the California gold rush.
Even though this article suggests you visit one of many commercial claims available to the public to mine for a fee, I say "why pay someone else when you can stake your own claim?"
There has never been a better time to stake a gold mining claim.
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| Finding Gold and Treasure |
Tags: gold pump, gold shavings, gold nugget
Filed under Gold Articles, Gold Mining Claims by GoldDigger
No matter what type of gold prospecting you decide to do, it is a must that you develop your gold panning skills.
Whether you move on to digging for gold, gold sluicing or dredging, highbanking or sniping or metal detecting gold... you will still be panning gold at one time or another. So get a gold pan and practice using it.
The amount of gold you recover will be directly proportional to the volume of gravel that you process. So, it will not take long for you to start trying to figure out how you can increase your gold finding production.
You can actually recover the most amount of gold for your time and effort with the use of a suction dredge. So it's no great surprise that suction dredging is one of today's most popular gold prospecting activities.
But then again, some people really enjoy digging out and vack-mining the exposed crevices in the bedrock just up alongside the river. And you would be amazed at how much gold that they find!
Whether you find that your preferred method for finding gold is:
Gold Panning
Suction Dredging for Gold
Crevice or Crevicing for Gold
Dry-land dredging
Highbanking
Metal Detecting Gold
Digging for Gold
The bottom line for gold prospecting and recovery success - how much gold you ultimately recover - is that it all comes back to your basic approach.
Catch the Fever.
Tags: gold bullion, gold pump, gold territory
Filed under Gold Articles by GoldDigger
