Golden Legends Tales of Buried Treasure

The Santa Fe Trail was a transportation route opened by the Indigenous people of North America as well as European trappers and traders in the second half of the 18th century traveled what is now the Santa Fe Trail. It was later used extensively by people from the United States in the 19th century after the Louisiana Purchase. Traders and settlers crossed the southwest of North America by the route connecting Independence, Missouri, with Santa Fe, New Mexico. Its major market in Missouri was St. Louis, with its port on the Mississippi River. By the mid-1800s many pioneers and gold prospectors traveled the Old Santa Fe Trail. As the trail meandered, there was a spot that was a popular campsite near what’s called the Point of Rocks that was a popular landmark and had a fresh spring nearby. In 1851 it is said that two pioneers were camping, and they buried $40,000 in gold coins at the site. Knowledge of the men and what happened is lacking, but quite possibly, they were killed by Indians....

 Who cannot forget the movie, "Butch Cassidy and the Sundance Kid?" Well, it wasn't Paul Newman and Robert Redford, the daring duo, and Robert Redford's love interest, Katherine Ross, all of whom who managed to steal a lot of money.  So, let's get a bit more real. Butch Cassidy and Harry Longabaugh were close friends. Longabaugh went by the epithet (nickname) of the Sundance Kid. This twosome formed a gang of outlaws, the Wild Bunch, who were robbers. They planned and executed a heist of the Pleasant Valley Coal Company in Castle Gate, Utah. After smart planning they knew a train would come on April, 21st, 1897. They also knew that the train would contain the payroll for all of those employees working the coal. When the train made its way into town, Cassidy and the Kid held it up and dashed off with many bags of the shiny yellow stuff. Picture the swirl of dust as an angry mob of citizens rode in pursuit. The robbers and the angry flock of town dwellers headed sou...

 Metal detectorists in Wales have discovered Roman treasure. Announced on October 18, 2023, it's not the first find in Wales. In this case, two sets of coins were found in Conwy. Conwy is a walled town in North Wales. According to the Welsh Amgueddfa Cymru Museum, the first set of coins was found in a ceramic vessel. Inside this ancient vessel lay 2,733 cons. Among the treasure were silver denarii (Roman) along with silver and copper alloy coins named antoniniani. All of the denarii were minted between 32 BC and 235 AD, while the alloyed coins were minted between AD 215 and 270. A second cache of silver coins was minted between 32BC and AD221. The 37 coins were found strewn across an area near the larger accumulation. The detectorists had not been detecting long. The area was being rained upon, and the two men thought of ending their session. That's when a signal was picked up. Such is the luck of detectorists. What excitement to see the top of an ancient ceramic container.  A...

During the past decade, gold has an inflation adjusted return of 30%. On an annual basis that's a measly 2%. Then there's Bitcoin. When accounting for inflation, the world's first cryptocurrency is up more than 3,700% with annual returns of 44%.For those who pay attention to divergencies and other technicals, this could be an article full of value for you. Gold or Bitcoin - what to invest in. HAHA that is the question.  See  https://investorplace.com/2024/03/this-time-its-gold-not-bitcoin-that-will-diverge/

Utah is the forty-fifth state in the union. It may be known for the Morman faith, wonderful mountain views, and five national parks. Alaska and California have more, but so what? Treasure may be the thing that attracts tourists, digital viewers, and historians more. As the story goes, Montezuma could read the Spanish writing on the wall and knew his people were doomed to fall to the Conquistadors. So, he got a group of his most trusted men to take the riches of the Aztecs north for safe keeping. You have all read the stories of Hernán Cortés mauling the Aztecs.in 1519 (that's a long time ago, no?) in Mexico. The Aztecs were hopeless when confronting the gun-bearing Spaniards. And, the Aztecs had all of their gold and silver plundered. Right? Maybe? The postulate is that the Aztecs wanted to find a burial place for treasure until they could return to Mexico.  So, anybody with a thoughtful mind would think that the Aztecs would have hidden treasure out of the immediate way of th...

The last thing I do when prospecting for gold is to transfer my flake into a carrying case. Such is the habit of a prospector by the name of Adams in the great state of New Mexico in 1836 upon leaving the mine. He transferred to a bag and then, Indians attacked him, wounding him. Proceeding to Pinos Altos, he sought help for his wounds there.  Pinos Altos was a mining town. Gold was found in the nearby hills. And that is where Adams was prospecting. A stream near the mine yielded 27 pounds of gold (as the story goes). Its worth was $7000 at the time, about $704,587 U.S. dollars as of publication of this story, today. On his death bed, he related a story of his discovery. He said that the stream he found the gold in was near a red hill. Not long after, Adams expired.  And not long after that his nuggets were discovered. Many learned of his story. Converging on the hill, lots of eager prospectors descended to the area. Unfortunately for them, the red hill was not revealed. Then,...

 Is Gold Real? The World Gold Council estimates that miners have historically extracted a total of 201,296 tons of gold, leaving another 53,000 tons left in identified underground reserves. -from  https://www.visualcapitalist.com/sp/chart-how-much-gold-is-in-the-world/#Where%20Is%20All%20The%20Gold? Here is a breakdown: Jewlery ~96,487t, 45% Bars and coins (including gold backed ETFs) ~47,454t, 22% Central banks ~36,699t, 17% Other ~31,943t, 15% from-  https://www.gold.org/goldhub/data/how-much-gold#:~:text=1%20Jewellery%20~96%2C487t%2C%2045%25%202%20Bars%20and%20coins,4%20Other%20~31%2C943t%2C%2015%25%205%20Proven%20reserves%20~59%2C000t Yes. Gold has superb electrical conductivity. It is corrosion resistant. It has malleability and ductility. It is thermally conductive. It is reflective. It is non-toxic. In the realm of consumer electronics, gold is indispensable. Its superior electrical conductivity, resistance to corrosion, and excellent ductility make it an ideal mat...