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Where Does the Entirety of Earth's Gold Come from

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Two theories on the origin of gold are taught in our schools. One involves the explosion of supernova stars and the resulting nuclear fusion creating atoms of gold,while the other, the collision of neutron stars that results in a gamma-ray burst, which is one of the most powerful explosions possible. When a star that is bigger than our sun dies (at least 5 times), a huge explosion occurs. The core of the star is extremely hot which creates outward pressure. Gravity exerts force from the outside in. These forces balance, which is how the star stays together. When the star starts to fade, the inside force decreases and gravity causes the star to collapse. This rapid decrease in pressure then creates a force in the opposite direction and the surface of the stare explodes. Note the reaction when a building collapses. A different type of supernova is when two stars orbit and one is about the size of Earth and also a white star. White stars are what is left after a star burns out. If the whi...

United States Silver Facts: What Do You Know? The Poor Man's Gold!

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The phrase "Poor Man's Something" is used as a common expression for something that is  a less   expensive   type   of a   similar   but more   impressive   thing. It can also be used to compare an individual to a more successful or popular person. Given the popularity of silver today, the expression may be somewhat outdated. 31,329,500  Silver Eagles were stamped by the U.S. Mint in 2020. The Philadelphia Mint  -  240,000 minted in 2020 - (P) Silver Eagles were struck at the Philadelphia Mint - an emergency strike. Domestic production and Use: In 2020,   U.S.  mines  produced  approximately 1,000 tons of  silver  with an estimated value of $670 million.  Silver  was  produced  at 4  silver  mines and as a byproduct or co-product from 33  domestic  base- and precious-metal operations. The U.S. Mint originally produced Eagles from government stores.  ...

Mysterious Nazi Gold Train Causes a Stir - Polish Treasure

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There is a legend about a Nazi train filled with treasure being hidden underground in Poland. The tale has been pretty much discredited after many searches. It was supposed to have been covered up inside a tunnel or mine in an area called Central Sudetes. After much investigation the tale has been relegated to legend. The Polish military - during communist occupation and since the fall of the Iron Curtain in democratic Poland- have dug for the reported treasure. After determining that the radar used revealed a geologic formation, the hunt was ended. Meanwhile, news agencies around the world reported the latest 3 year probe. Onboard the train was supposed to be more than 300 t (330 tons) of gold, jewels, weapons, and artistic masterpieces. At the end of World II a heavily armored train was supposed to have entered a system of tunnels built by the Nazis. It went from Wroclaw to Frieburg in Schlesien and then disappeared. It was to have gone next to Waldenburg in Schlesien.  The story...

Making Gold from Lead - or Maybe Even Bismuth?

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 Alchemists worked feverishly to convert lead into gold throughout history. Lead, being heavier than most elements and therefore resembling gold in weight, was thought to be a near cousin. If only they could manipulate through heat or alloy to make gold!!! These alchemists referred to this study as chrysopoeia - referring to the transmutation of base metal into precious metal. Some of the most brilliant thinkers of the time tried their hands at it. Sir Isaac Newton, today revered as the father of modern physics and the inventor of calculus, described a recipe for the Philosophers’ Stone, a legendary substance that reputedly could turn base metals like iron and lead into gold. Note that it is the discovery of the relationship of a mathematical function that can determine instantaneous acceleration, or, even the area or volume under a continuous function. Without this, no rocket could have been sent to the moon - the notion of interplanetary travel would also be impossible. So..... t...

Prospecting for Gold Is An Endeavor for Family - You May Find A Bunch!

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19th century gold rush adventures? Are they long ended? There are still many places an amateur can hunt for the gold using a shovel, pan, metal detector, etc. For sure, recreational gold mining is a pastime for all sorts of humanity these days, and for many reasons: the biggest nugget  found in California was discovered by a new amateur. Here's  key locations worldwide you can still prospect for the yellow metal. Who knows, you might get lucky and bring home the bacon! This article may help you find a location to get the yellow stuff and have a super adventure for the family. Read,  https://www.lovemoney.com/gallerylist/67279/gold-panning-rivers-where-you-can-still-find-gold

Why Am I Not Able to Buy Gold at the Spot Price or Under?

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The gold spot price is the prevailing price for an ounce of .999 fine gold that is deliverable right now. The spot price does not take into account dealer or distributor markups or markups by the minting or manufacturing company. Most dealer inventory is purchased directly from the mint; those products are priced at the spot price plus a markup for the mint or maker to turn a profit. The dealer then also has to make a profit in order to stay in business. The dealer will take their purchase price, then markup the products further to cover dealer costs and a profit margin. This is why dealers will typically buy from individuals at or below the spot gold price and they will sell above the spot gold price. The spread between their buy and sell prices represents the dealer's gross profit. Block chain may bring better prices for precious metals to the individual purchaser.
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  It's a Joke - the underage drinker Why did the prospector get kicked out of the pub? Reddit.com It's illegal to sell alcohol to miners