Golden Legends Tales of Buried Treasure

Investors in the stock market are navigating a difficult backdrop that includes a prolonged conflict in Iran, rising oil prices and a sell-off in government bonds that threatens to push borrowing costs higher across the economy. Despite all of this, they remain remarkably calm. The S&P 500 has climbed nearly 13 percent this year, and many analysts still believe the market could finish even stronger by year’s end. A major reason for this optimism is a strong corporate earnings season combined with continued enthusiasm for artificial intelligence. These forces have helped investors look past concerns about inflation and the impact of higher interest rates. Still, the rally may face challenges as the market moves into September, a month that has historically been difficult for stocks. Rising interest rates and growing worries about the enormous spending required for A.I. data centers also pose risks. The excitement around A.I. has been a powerful driver of the market for more than a y...

  Updated on August 24, 2023 John has prospected for gold in Arizona 10 years. His experience taught him to deal with the terrain, heat, and gold fever. He makes tools. Gold Prospecting Tools As is the case with anything, you can really go basic when you start out gold prospecting by using the minimum number of tools. For that matter, all you really need is a pan! However, there are four tools that will help the prospector save time—and time savings ensues more work and a superior gold yield. Here are a few tool suggestions. This is my personal magnetic separator. 1. Magnetic Separators As the panning process unfolds, there is usually a point where nothing is left but black sand. The black sand is likely magnetite—a magnetic mineral that occurs in almost all igneous and metamorphic rocks. The black sand found could be magnetic if dry. Wet black sand forms a muck that will result in pulling up gold, too, when a magnet is applied. Dry black sand can be used with a magnet for separati...

  Updated on December 19, 2024 John has recycled metals most of his life and is fascinated by waste that has value. Recycling made him aware of its necessity—and worth. Recycling and Better Asphalt Replacement This is an example of deteriorating asphalt. In the 70's as the crude oil shortages spread across America, think tanks began to consider recycling oil-containing asphalt. | Source Swedes Are Conservative Have you ever been driving down a highway and approached an open area on the side of the road where there is a large mound of broken concrete? Snaggled rebar reaches to the sky and you may even see wire mesh emanating at other angles. When I see that I say to myself, "What a waste!" Wouldn't it be wonderful to be able to reuse all of that material? Well, in the case of concrete and rebar, it is all being reused in Switzerland. The Swiss are committed to using the metals and the concrete from all torn down buildings. In fact, they have been able to crush the con...

  Updated on December 15, 2024                                                           * I've been gold prospecting for 13 years, mainly in the Bradshaw Mountains in Yavapai County, Arizona, where I found over 8 grams of placer. Piedmont or alluvial deposit, eluvial, or alluvium   Practice Affects Probability "The consequences of an act affect the probability of its occurring again." —B. F. Skinner It is one thing to know high probability areas for finding placer gold near a stream. It is quite another thing to locate property that is a good contender for holding gold. Finding a property that might contain gold is the subject of this article. And, just as there are places to look on a claim where the nature of placer gold is likely to dictate where it "falls out" or settles, there are some fundamental rules for selecting an unc...

                                                                   An incredible amount of steel comes from auto salvage yards.                                                                                     Updated on September 16, 2023 John has recycled metals most of his life and is fascinated by waste that has value. Recycling made him aware of its necessity—and worth. Penny Wise and Pound Foolish? As of December of 2018, evidence has been gathered showing that Chinese hot-dip galvanization of steel coils causes an increase of as much as 50% more greenhouse gas. This steel material is used in construction....