Hooked on Gold Gazette Dec. 28, 2007.

HOOKED ON GOLD GAZETTE

· Gold Spot Closing Price for Friday: $838.80
· Spot price Dec. 21: $811.70
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Calendar of Events
December
12th GPOC Christmas Party 7:00 p.m. Bring unwrapped gifts for children for the Marines toy drive
19th GPR Members Christmas Party
24th CHRISTMAS EVE
25th CHRISTMAS DAY
31st New Year's Eve
JANUARY 2008
1st New Years Day
9th GPOC Meeting 7:00 p.m. Colo. Springs
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NEWS
Christmas is over and we are all back on track with our lives. The gold market is up, our buckets of black sand have been gone through, and we are looking to get equipment repairs under way. Our Christmas was white with 8 inches of snow falling at the house and a very frosty day enjoyed by all, with too much of everything. No better way to spend he day but with loved ones and friends. Hope all of you had as great a day as we did!

I am a bit late today as we had another 8 inches of snow yesterday which delayed our after Christmas shopping a day. We had to have a gold ring set with a garnet and sized for our daughter-in-law, along with spending that Christmas money that always burns a hole in your pocket. The grandsons had money to spend, too, so we hit the game stores and the mall. The snow is melting very fast here today, and Arvada hit around 41 degrees on our thermometer. We’ll wait for the news to see what the “official” temps were.

To continue last weeks review of the article in the December issue of ICMJ, it also mentioned the “seam” mining in California which produced a great deal of gold with hydraulic mining. These “seam diggings” were largely schist. They don’t always produce large numbers of nuggets, but they weather easily, and are not always easily identified on the surface.
Another interesting discussion is the order of geothermal mineralization events. The first is often quartz and lesser minerals, with later deposits being richer is minerals and less quartz. The last deposits contain the most concentration of heavier minerals, including gold, which would produce the nuggets. Of course, this explanation is a generalization, as there are always exceptions to the rules.

In world news, you would have to have had your head in the sand not to have heard of the assassination of Benazir Bhutto in Pakastan. This event is significant in the stabilization of the world and immediately pushed gold prices much higher, and sent the stock market lower. This is closer to the historic way that gold and the stock market have acted, going in opposite directions, rather than together as they have acted in the past few years. ______________________________________
If you find a broken link, please let us know
THE ARKANSAS RIVER is now closed TO MOTORIZED EQUIPMENT FOR THE WINTER UNTIL APRIL 1, 2008.
_________________________________________
Until Next week.
Good Prospecting to You,
Larry and Shirley Weilnau
http://www.hookedongold.com/
http://www.thevideosense.com/user/MQS/ Prospecting Videos
http://www.hookedongold2.com/ Looking for metal detectors on e-Bay? Click here
info@hookedongold.com contact us

Hooked on Gold Gazette Dec. 21, 2007.

HOOKED ON GOLD GAZETTE

· Gold Spot Closing Price for Friday: $811.70
· Spot price Nov. 17: $793.10
· Platinum closed at $1523.00!

"FRIENDS" by Robin Laws

May you be surrounded by yours this Holiday Season

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Calendar of Events

December

12th GPOC Christmas Party 7:00 p.m. Bring unwrapped gifts for children for the Marines toy drive
19th GPR Members Christmas Party
24th CHRISTMAS EVE
25th CHRISTMAS DAY
31st New Year's Eve
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NEWS

WOW! In a golden December issue of ICMJ (International California Mining Journal) there is a fascinating article on how gold is formed into crystals and nuggets. They delve into the various theories of steam, bacterial, and molten delivery systems for the depositing of gold formations.

The newest gold formation theory comes out of Australia where scientists have been cutting off slices of gold nuggets and examining them under microscopes after etching them, and finding that the crystals in all the gold nuggets examined showed twin crystallizing, which is only formed under high heat at great depth, and not under cold conditions at the surface as previously thought.

Also, the hotter the mixture was, the more additional minerals (impurities) can be associated with the gold….the higher the concentrations of silver or copper or both, the higher the heat needed. At the higher heat, a higher percentage of impurities can be present with less structural damage done to the crystals. The study also disputes the theory that large gold nuggets were formed as secondary deposits in colder conditions near the surface. Take a look at www.csiro.au/news/GoldNuggets/html to find more information on the study.

Since quartz is a major source for gold deposits, and they are USUALLY the fine or smaller type, the article goes on to explore how large gold nuggets are formed in the absence of quartz. If you have a curiosity for how gold is formed, I highly recommend you read this article and the ones that will come after it. This is the first in a series of reports on gold deposits ICMJ will be running. The next one will discuss schist and slate deposits of large gold nuggets.

Did you get all of your gift shopping finished yet? If not, you have one more weekend before the big day. Hooked on Gold will be visiting relatives until after Christmas Day, so if we are a little slow answering your requests, be patient. We WILL get back to you. Have a wonderful Holiday and a very Merry Christmas!
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If you find a broken link, please let us know
THE ARKANSAS RIVER is now closed TO MOTORIZED EQUIPMENT FOR THE WINTER UNTIL APRIL 1, 2008.
________________________________
Until Next week.
Good Prospecting to You,
Larry and Shirley Weilnau
http://www.hookedongold.com/
http://www.thevideosense.com/user/MQS/ Prospecting Videos
http://www.hookedongold2.com/ Looking for metal detectors on e-Bay? Click here
info@hookedongold.com contact us

Hooked on Gold Gazette Dec. 14, 2007.

MERRY CHRISTMAS

HOOKED ON GOLD GAZETTE

Gold Spot Closing Price for Friday Dec. 14, 2007: $793.10

Spot price Dec. 7: $794.40

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Calendar of Events

December

12th GPOC Christmas Party 7:00 p.m. Bring unwrapped gifts for children for the Marines toy drive
19th GPR Members Christmas Party
24th CHRISTMAS EVE
25th CHRISTMAS DAY
31st New Year's Eve
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NEWS

What a golden time of year! Do you have that smell of new fallen snow at your house? Some of us have had too much of it, and some nothing but ice storms. Hopefully everyone has their electricity back on. The Holiday is just around the corner, so I hope you have most of your Christmas shopping finished and the cards in the mail. They say the biggest mailing day will be this Monday, so get it off before then. You may be lucky enough to have post offices in your area that are staying open longer tomorrow.

If you have been watching the price of gold this past week, you have seen it go from a high of around $815 back to just below what it was last Friday. I am reading more and more material and financial papers that are agreeing that gold has and will continue to follow the stock market in it's ups and downs. If you look at both charts for that past 5 years, they are pretty much mirror images. What does that mean for gold next year? It can go either way. If the markets are up Gold will probably follow, and if it is down, ditto. Yeah, cop out, you say. But, this is a new trend in gold that the world has not seen before, and all are still waiting to see how it plays out. If gold is no longer the inflation hedge that everyone has always turned to, what will be?

China and India will continue to demand more of the world's gold every year, so the price must reflect that pressure. Who knows how much old gold is still in the vaults of the world's banks, and they trade it all the time as a commodity, often manipulating the price as they did much of '07. I find the ups and downs of the gold price in recent years to be nearly unpredictable, as there are so many variables that can and do effect the price. One thing remains sure. People will ALWAYS collect and horde gold. They love the yellow color, it's special properties, how it looks against the skin, and how heavy it feels.

New regulations are coming out this next year for Cache Creek usage. I went into some detail about it in the last blog, so if you haven't read it, you might want to do so.

GPOC members and anyone wanting to join the group needs a "heads up" as to the membership dues change in '08. Singles will be $25.00 and families $30.00 a year, the first price raise in 15 years. The cost of maintaining the claims goes up each year, as well as things like postage and paper. The new GPOC website is coming along nicely, although it isn't published as of yet. When that happens, I'll blog it here, so watch for it. They are ready to add their old store back in, as well, so you will have another source for your "stuff." I am hiring an expert early next year to help me with the problems I ca not seem to figure out on my own, and have purchased a new template for the website. A new look and feel will go along with it, and, with luck, I can put up a page for all to look at before the whole thing goes live and you are in shock and not sure where you are. Colors look like they will be in the brown, golden yellow, and burnt orange ranges, and it will have a more denim/western feel. Right now you can find the Christmas giffs that are sprinkled around the site for your enjoyment, and after the holidays I should be able to get some new video clips working in the pages as well. Have a fantastic week, and I will report to you on Friday with another chapter in gold. (HINT: The new ICMJ is out and I haven't read it yet. Larry always gets to it first and he isn't finished yet.)

MERRY CHRISTMAS TO ALL!

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If you find a broken link, please let us know

THE ARKANSAS RIVER is now closed TO MOTORIZED EQUIPMENT FOR THE WINTER UNTIL APRIL 1, 2008.

_________________________________________

Until Next week.

Good Prospecting to You,

Larry and Shirley Weilnau

http://www.hookedongold.com/

http://www.thevideosense.com/user/MQS/ Prospecting Videos

http://www.hookedongold2.com/ Looking for metal detectors on e-Bay? Click here

info@hookedongold.com contact us

Gold,Cache Creek, and SNOW

Cache Creek last fall Just one of the pictures featured in the new 2008 calendar you can find at the hookedongold cafe press store A Fabulous Gift for that Prospector you know


Waiting for the feds to decide our interest rate fate. In the mean time, gold is back at $810 this morning, after a short rally yesterday before falling back near $800. SNOW and cold is wrapping the mile high city in a black and grey scene after a weekend of freezing temps. We are looking forward to some sunnier skies tomorrow and the rest of the week, even if it is more than chilly outside. The mountains are blanketed in up to 8 feet of new snow with more on the way. I guess our November snow decided to fall in December.

And what of GOLD? Well, even though it is winter here in Colorado, plans for next year's prospecting season do go on. The BLM is beginning their plans for Cache Creek in 08, with road improvements a possibility. Those who are hoping for a facility of some type instead of the woods for relief, will find that they should probably plan on bringing their own facilities, as it will be required of all campers, as well as metal fire boxes for your campfire. New restrictions on the number of days you will be allowed to prospect the area with a high banker will be imposed as well, and even though you may balk at the idea, according to the outlines of the agreements on using the funds that were used to purchase this tract of land, the alternative is to close the area to prospecting altogether. MINING the area cannot be allowed. Those who stayed this past summer and mined the area for weeks and more than a month at a time will not be allowed to do so next year. AND the BLM is planning on frequent visits to insure compliance. Please remember that a few years ago this area was not accessible to you at all, and we believe the restrictions are reasonable considering the alternatives. I should add here that the recreational prospecting limitations will pertain to high banking and not hand tool or metal detecting usage at this time. Camping restrictions will apply to all. Camping is not going to be allowed in the parking lot, but there is AMPLE room to do that close to the parking lot. This restriction will free up the parking lot to day use, which it will be restricted to and is its' intent. We would welcome comments on these issues, as the BLM would like additional input. We are in contact with the BLM on Arkansas River prospecting on a regular basis, and can answer some of your questions as well as inform BLM of your concerns.

Hooked on Gold Gazette Dec. 7th

You can find the Goldpanner on an ornament along with several new gifts at My New Store

Another attempt at getting a store up has made me late with this post, but still early enough for you to make your gold purchase for the weekend. LOL!

Gold Spot Closing Price for Friday: $794.40

Spot price Nov. 17: $783.10

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Calendar of Events

December

12th GPOC Christmas Party 7:00 p.m. Bring unwrapped gifts for children for the Marines toy drive
19th GPR Members Christmas Party
24th CHRISTMAS EVE
25th CHRISTMAS DAY
31st New Year's Eve
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NEWS

Gold news abounds this week with the announcement of the construction that is beginning at the Climax Moly mine north of Leadville. The reopening of the mine is bringing much needed jobs to the are, and they plan to consturct several buildings in the next two years with a 2010 date for the beginning of mining operations

Also in the news this week from the financials, is the drop in production of gold in South Africa. Gold production has fallen from an output of 400 tonnes in 2001 to what will be nearly 240 estimated tonnes for 2007. Also, China will soon outpace the U.S. as the second largest gold producer in the world.

Colorado based Newmont mining has been consistently selling off it's other mining interests to concentrate on it's copper/gold production, according to a spokesperson this last week. Gold is expected to settle around $800 for the near future as the dollar continues to slide. If the Feds reduce rates again in December, it will not bode well for the dollasr, however, it will mean that U.S. goods and services will be much cheaper for foreigns counries like Canada to buy.

Another interesting thing I saw this week was that the true inflation rate in MEXICO was 3.7% this past year. Pretty impressive given their past problems. They are also creating many new jobs and are beginning to attract their own citizens away from the U.S. Now, if they succeed in keeping their people in Mexico, who will fill all the jobs in the U.S. that they do now? Interesting dilema.

Have you looked at the price of gold coins recently? The Morgan mint is advertising SILVER dollar coins for $19.95 plus shipping on very good to AU ungraded coins. Gold coins are up at least 20% since August.

As a last note, GPOC is almost ready to upload their new site. They were hopeful that they could get it done by now, but a few glitches have them jumping through hoops. Watch for it the next week or so. MERRY CHRISTMAS TO ALL!

______________________________________

If you find a broken link, please let us know

THE ARKANSAS RIVER is now closed TO MOTORIZED EQUIPMENT FOR THE WINTER UNTIL APRIL 1, 2008.

_________________________________________

Until Next week.

Good Prospecting to You,

Larry and Shirley Weilnau

www.hookedongold.com

http://www.thevideosense.com/user/MQS/ Prospecting Videos

www.hookedongold2.com Looking for metal detectors on e-Bay? Click here

info@hookedongold.com contact us

NEW! Gifts with Gold Prospecting Themes

One of the prospecting pictures in the new 12 month calendar. Real prospectors doing what they do, as well as pictures of real mines. Check this and other items out at my new store

Well, the Gazette is back to the blog as there are technical problems with the delivery....AGAIN! Boy, anyone who tells you running a website is easy is crazy. There seems to be more things crop up every day that should not be a problem than you have time to find solutions for. AND all the holiday rushing around to do as well. Not to worry, we work with what we have and find answers to our problems as we find the time. In the mean time, you will get some fresh content every few days when we are not plagued with more problems than we have solutions for. New pages are planned for this winter, as well as updating old pages, and we continue to find a way to put the store back together that doesn't include a technical genius. All we need is some simple code and a few pictures. How hard can that be? Don't know, but it is apparently more than we can handle right now.

Gold looks to be rebounding this morning and is at over $803 as I write. The wind is blowing hard again today which is warming temps into the mid 60's in the city and bringing some more much needed snow to the high country. I have some intersting news for the Gazette this Friday, so watch for that at the end of the week. Visit my new store at Cafe Press for some gift ideas for that prospector you can't find anything to get for Christmas. I have four items up now, and if the response is good, I'll put up variations of what I have. Have a custom job you want done? Cafe Press makes it easy.

Good Prospecting to You,
hookedongold.com
Prospecting Gifts

Hooked on Gold Gazette, Nov. 30th

Yes, Mt. Elbert is once again covered with snow.


The HookedonGold Gazette icons have disappeared from computers for some reason, and so, until I can figure out what happened, the Gazette will appear here for all to read, and those of you who have never subscribed will get a look at what we talk about in it. We always start with the spot gold closing on Friday.

Gold Spot Closing Price for Friday Nov. 30th: $783.10

Spot price Nov. 17: $785.40

Looks flat to me even though there have been ups and downs in the last two weeks.

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Calendar of Events

December

12th GPOC Christmas Party 7:00 p.m. Bring unwrapped gifts for children for the Marines toy drive
19th GPR Members Christmas Party
24th CHRISTMAS EVE
25th CHRISTMAS DAY
31st New Year's Eve
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NEWS

We had a few great days up at Cache Creek earlier in the month, before this cold snap rolled in. BRRRR! It has been chilly this week here. There continues to be work done up at Cache Creek, and most of it is orderly without many problems. The undercutting of trees continues to be a concern. Too many trees have withered and died this season in the pursuit of gold.

How is your Christmas shopping going? Wish I could help, but getting my store back up continues to plague me. I have tried, yet, another builder only to find that it will not show pictures even on the pages I build. There must be some silly thing I am not doing correctly to cause all of these programs to react in a similar way. Oh, well. THE NEW Prospectors Calendars, Mousepad and Gold Panner Ornament are all up on Cafe Press. Yeah, that's why I'm late getting this out. I finally got all the right pictures in the right sizes, and got the items put together this morning and afternoon, so you have some gifts for prospectors for this Christmas season. Check them out at my new store at cafe press. You can find a couple of links on the website as well.

Off to do some Christmas Shopping. I still have several geode and fluorite pendants, as well as prospector figures and Orocal jewelry left. If you are interested, email me at info@hookedongold.com and I can send them to you and bill you by PayPal e-mail billing. I've done it a couple of times now, and it sure works slick! If only I could get the durn store to work, we'd all be happy. LOL! Merry Christmas!

______________________________________

If you find a broken link, please let us know

THE ARKANSAS RIVER is now closed TO MOTORIZED EQUIPMENT FOR THE WINTER UNTIL APRIL 1, 2008.

_________________________________________

Until Next week.

Good Prospecting to You,

Larry and Shirley Weilnau

www.hookedongold.com

http://www.thevideosense.com/user/MQS/ Prospecting Videos
www.hookedongold2.com Looking for metal detectors on e-Bay? Click here

info@hookedongold.com contact us