Golden Legends Tales of Buried Treasure

I found this interesting. Check out the most searched websites. Check out #79. There are a lot of people looking for a place to put their money.  https://ahrefs.com/blog/most-visited-websites/ Have a great week! 

 There are hundreds, if not thousands of old abandoned gold mines in the United States. Many still contain veins of gold.  the question is, can a mine produce a profit from these veins. One of these old sites is Rise Gold. In 2017 a corporations bought the old mine because they believed it meant economic sense. The mine last produced gold in 1956. But due to the fact that gold had a fixed price ($35) set by the U.S. government, it made little sense to continue operations.  Day to day expenses associated with operations exceeded the price per ounce of gold. It is easy for us today to see that gold at $35 an ounce wasn't much to compensate a mining company what with labor costs, machines costs, regulation costs, and the cost of borrowing money. Now conditions have changed. We have experienced a pandemic, rising inflation, and the uncertainty of Fed policy. Having lowered interest rates, the Fed has helped the lure of gold (and silver) and increased interest in the precious ...

 Aussie Gold Hunters is a blast.  Great TV episodes for those interested in less than corporate gold prospecting. Check out how it is done down under. These are fantastic videos showing folks today going back to the old gold grounds hunting for riches. See the end for freebies.   Here are two links to streaming locations in case you already subscribe. https://stream.how/show/aussie-gold-hunters?utm_source=Google&utm_medium=Search&t_source=64&utm_campaign=3875&gclid=Cj0KCQiAosmPBhCPARIsAHOen-MqsMimUt8X5wpHcOerDflQABtjmLpEQQCr49XxBOsat4ZvhhiUa8caAuTXEALw_wcB https://movies.guide/show/aussie-gold-hunters?utm_source=Google&utm_medium=Search&t_source=64&utm_campaign=3869&gclid=Cj0KCQiAosmPBhCPARIsAHOen-PwleljO03yPDcYwzcrizKVTNJVp_rNA10bJ_0Nof1HyOi7jSbvaZoaAqOdEALw_wcB If you want some free videos that are absolutely wonderful check out these 12 references on YouTube.  These are 12+ series videos from Aussie Gold Hunters. Enjoy!! https:...

 How Did the Russian Faberge Egg Start? Prior to the Easter of 1883, when Tsar Alexander III had Faberge make a bejeweled egg. Conceived as a gift for his wife, Maria Fiodorovna, Alexander, the father of Tsar Nicolas II, bestowed it to her. The 69 jeweled Easter eggs were made for Russia’s elite from 1883 to 191 and conjure up the notion of extreme luxury. As the Russian court's official jeweler, Faberge. They are known for their artistic value and also attached mystery. Eight of the original 69 are missing, and hence, the mystery. Cheering Up the Youngster- The first egg was made of platinum in the shell and opened up revealing a gold yolk. Having come from Denmark  Apparently homesick, Alexander wanted to cheer up Maria. She was born Dagmar of Denmark, a princess. The Danes had some of these eggs and that may be what inspired the creation for the forlorn Tsarina. Having done its job - cheering up the Tsarina - more were made as gifts. Alexander's son continued the tradition....

 Just look at the ground. Iron oxide and pits everywhere. If it isn't a strike, it was a great possibility. A new post regarding supposedly illegal minin g in Brazil. Photos of illegal mining in gold area -   Felix do Xingu, Para state, Brazil. Some of the photos claim  gold mine  Sao Felix do Xingu, Para state, Brazil. Some of the photos claim. Signs of violent crashes: caved-in cockpits. It's about aircraft coming in for whatever.  " W ith win gs broken off. Others feature interiors with stripped-out passenger seats in order to load up more men and women, plus additional motors, fuel, food, and other cargo. Before they were confiscated, the aircraft were allegedly used for flying in and out of illegal gold mining sites." Amazing that local police claim connections to the gold are related to locals of wealth. Based on news from January 11, 2022. Roraima state is the focus of activity. From Wikipedia,  Roraima is the least populous in the country , w...

I am constantly reviewing mining news. This popped up on my radar today. Where there is copper there is gold and silver. Enough said. Check this update from Chile. See  https://miningfeeds.com/chilean-copper-output-drops-in-november-as-codelco-and-bhp-nysebhp-report-lower-output/ If silver and gold can cover operation costs, think of what the copper profit might be? Anyhow, I provide this link for any kind of validation you might need.

On the 5 last trading days of 2021, many a gold bug got his wish. As it turns out, Friday's setting of $1831 an ounce was a stand out number. At a 5 day gain of 20 points it was ranked at number 11. Number 11 for what? Number 11 of 18 final rally years in the 21st century. In a year when investors and traders are hankering for profits, a rise in gold price can only bring a smile and hopes for more action in 2022. Given prognostications of the past few years, some negative nabobs of negativism will claim this is nothing to hoot about. However, as there is frequently a silver lining, this boost may presage a healthy rise in gold price. Especially as many an expert (I use that word carefully) anticipates a global financial reset this year. In the interest of balance, recall that manipulation of precious metals has been a topic of the times. Institutions with a large exposure to the shiny gold metal can be expected to pull the plug out vis-à-vis the gold price squeeze. As long as fiat ...