I can't really say that I didn't expect this, as you know by now that I predict Gold going MUCH higher than even this.
Gold continued to push higher into record territory this week amid concerns about a weak dollar, inflation and technical-based buying by large investment funds.
Rock-bottom interest rates and an ever-expanding U.S. budget deficit "means that gold will have a good underpinning of support through the end of the year," said Tom Winmill, president of Midas Funds, which manages gold-oriented mutual funds. Many have speculated that gold could climb to $1,300+ by the end of the year.
There has never been a better time to get into prospecting for gold, and to stake a gold mining claim.
I encourage everyone to give it a try. Panning for gold is fun and a great way to get your feet wet. It doesn't cost much at all to acquire the panning equipment. Plus, it's a great outdoor activity for people of all ages -- the whole family can enjoy it. I can assure you that when you find your first few flecks of gold, you'll be hooked. It'll be on to bigger gold prospecting adventures for you -- digging, metal detecting, high banking, sluicing and dredging -- With an ounce of gold worth well over $1000 and climbing, the rewards are priceless for any gold prospector.
Tags: sluice bucket, sluice, gold value
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