If you've even remotely thought it might be fun to hunt or prospect for gold, this Australian prospector's amateur video should get your attention. With an ounce of gold valued at near $1400 today, this man finds a gold nugget worth close to $6,000. And that nugget was dug out of the ground from barely 6 inches deep.
With Gold continuing to climb in value, despite the fluctuating and uncertain economy world wide... Gold prospecting is as noble an interest today as it was during the Gold Rush.
Tags: gold value, gold mine, gold detector
Filed under Gold News, Gold Videos, Prospecting for Gold by
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
Filed under Gold News, Prospecting for Gold by




