Friday, February 22, 2008

Hooked on Gold Gazette Jan. 22, 2008.





· Gold Spot Closing Price for Friday: $944.60
· Spot price last week: $901.70
That’s almost 5% this week. It IS down from it’s high of 954.70 yesterday

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Calendar of Events

FEBRUARY

TUCSON GEM, MINERAL, and FOSSIL SHOW – Tucson, Az.
13th GPOC Meeting 7:00 p.m. Colo. Springs
15th Gold Show opens at the Denver Museum of Nature and Science
22nd – 24th Gem and Mineral Show Jefferson County Fairgrounds, Colo.

MARCH

9th Daylight Savings Time Begins in Colorado
12th GPOC General Meeting 7:00 p.m.
17th St. Patrick’s Day
20th First Day of Spring
21st Good Friday
23rd Easter
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NEWS

Are you ready to go play in the dirt, yet? Boy, we SURE are! The ground is just getting to where we can take the detector out again, but we have to be off to other places to take care of business. We spent a really nice afternoon at the Denver Museum of Nature and Science last Saturday helping to run a gold panning class for a teacher’s workshop in conjunction with their Gold Show that opened last Friday. We took a Hex Pan with us to the panning class and tried it out……unseasoned with the resist still on it! A review of the pan will be put up on the “Which Pan” page later next week after the new site is uploaded . If you are here in Denver the next few months, check it out. It is well worth the extra $5.00 to see!

We will be taking a trip to the Jefferson County Fairgrounds to visit a very nice exhibit of minerals, fossils, and what not on Saturday. Maybe we can find somewhere to look for gold in the afternoon, unless it starts to rain or snow on us again. It’s almost March 1st and the detector is gathering too much dust.

On a good note, though, we are putting the finishing touches on our Highbanker/Dredge combo plans that will be for sale on the website in a few weeks. We will run them by several people to see what needs to be added to the instructions before releasing them to you. It will be delivered in PDF downloadable form, accessible at time of payment. These are not for anyone to attempt who does not have access to the proper tools and equipment needed to put it together. One of the things required will be access to a bending machine to bend the aluminum.

The New Template will be uploaded on Tuesday night. It contains information about a month old, so give me a few days to get everything back to the way it should be and then watch for new pages and the store being back up and running with PayPal. I have a very nice selection of prospecting gifts to put up, along with the “poop Tube” minisluice, gold for sale, and gold jewelry. Madam Queen Shirley’s panning sand will be making a comeback, as well.

Gold seems to be on everyone’s mind this week, along with inflation, interest rates, the run for the party nominations, and the falling dollar. The outlook by some economists is not as bleak as one might think, for the end of the year. The Fed’s are expected to make another adjustment in the prime rate, and as most “recessions” rebound quickly outside of a global war, this one is expected to make a strong come back after it hits the bottom of the “V” sometime around the middle of the year. Gold is expected to make a run for $975 with support around $940, even as the dollar may rally. This could cause the Fed to raise interest rates quickly by ’09 to quell the possibility of inflation. Yeah, it makes my head hurt, too. LOL!

Platinum! Up 40 % this year, but falling a bit right now. And how about silver trading at $18.00!

Every so often I come across a real golden piece of news writing. Today I will leave you with these thoughts:

Scientists are trying to fight global warming by changing animal flatulence. Emissions from livestock reportedly account for up to half of greenhouse gas emissions in some countries. Kangaroos have stomach bacteria that eliminate methane from their gas; scientists want to transfer these bacteria to sheep and cattle. Bonus: The bacteria could improve digestive efficiency by 10 to 15 percent, thereby reducing feed costs. Alternative proposal: Eat less cattle and more kangaroo meat: "It's low in fat, it's got high protein levels," and "it's the ultimate free range animal."

World Open Panning website has this year’s world wide panning competitions listed and they add more all the time. A great site to visit: http://www.worldopenpanning.homestead.com/ .

Until next week……
___________________________________
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.
_______________________________________
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

Friday, February 15, 2008

Hooked on Gold Gazette




· Gold Spot Closing Price for Friday: $901.70
· Spot price Jan. 25th: $923.20
_____________________
Headframe from long ago
Calendar of Events

FEBRUARY

TUCSON GEM, MINERAL, and FOSSIL SHOW – Tucson, Az.
13th GPOC Meeting 7:00 p.m. Colo. Springs
15th Gold Show opens at the Denver Museum of Nature and Science
22nd – 24th Gem and Mineral Show Jefferson County Fairgrounds, Colo.

MARCH

9th Daylight Savings Time Begins in Colorado
12th GPOC General Meeting 7:00 p.m.
17th St. Patrick’s Day
20th First Day of Spring
21st Good Friday
23rd Easter
_______________________________________
NEWS

Family matters this past week has delayed many things. Work on the new Hooked on Gold template is still going on, but finding time to get three schedules together will be a challenge as our schedule must now include taking care of parents who are not well. Take heart! We will be putting up the new site by March or shortly after.

The hottest news on gold this week has been the controversy over the International Monetary Fund (IMF) plans to sell around 400 tonnes of gold beginning in April. Gold prices will probably drop temporarily as they sell it off. For those of you looking for the next entry point for gold, this could be your chance.

Platinum is going above $2050 today on continued fears about supplies after the South African mine closed a few weeks ago due to power problems with the nationally owned utilities. Some are even calling it “panic buying”.

LEADVILLE is having emergency meetings concerning what to do about a mine drainage tunnel that may collapse and send thousands of contaminated mine water into the Arkansas also possibly threatening nearby homes. There is currently talk about having the EPA pump the water out. If you’ve ever been to Leadville, you might have a sense of what the residents think about the EPA.

Steve Veach was the speaker at the GPOC general meeting this past week and gave a report on a new technology being used to find microscopic gold particles in core samples without crushing and fire assaying. The new High Resolution X-Ray Computed Tomography (HRXCT) takes MRI quality x-rays in three dimensions that can be rolled and turned to see exactly what is in the sample. Truly amazing to watch.

Another item this week that caught my was the fact that DeBeers is offering refunds on many of their diamonds sold in the past 2 years. If you have one, you might want to check in to it. They have recently decided to settle a lawsuit on their monopoly and the possibility of having gouged consumers during that time.

World Open Panning website has this year’s world wide panning competitions listed and they add more all the time. A great site to visit: http://www.worldopenpanning.homestead.com/ .

Until next week……
___________________________________
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.
_______________________________________
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

Friday, February 08, 2008

HookedonGold Gazette


· Gold Spot Closing Price for Friday: $923.20 Market was not closed today until 3:30 p.m. MST. The newsletter is late waiting for the market to close.
· Spot price Jan. 25th: $907.90
______________________________________

Calendar of Events

FEBRUARY

TUCSON GEM, MINERAL, and FOSSIL SHOW – Tucson, Az.
13th GPOC Meeting 7:00 p.m. Colo. Springs
22nd – 24th Gem and Mineral Show Jefferson County Fairgrounds, Colo.

MARCH

9th Daylight Savings Time Begins in Colorado
12th GPOC General Meeting 7:00 p.m.
17th St. Patrick’s Day
20th First Day of Spring
21st Good Friday
23rd Easter
_______________________________________
NEWS

WOW! Have you been watching gold this week blow through the $30.00 a gram price only to sink below $895 and back today above $923? Much of it has been due to the ups and down of the dollar, but mine closures in South Africa last week have contributed.

News from our friends at the Tucson Show report higher sales in gold the first few days of the open than during the whole show last year! Why is gold more attractive this year at $900 than it was last year at $650? Oh, man do we hate that we are not there this next week.

Platinum has increased in price this month to $1870, an increase of some $400 an ounce since the first of the year.
DeBeers is in the news this last week having settled on complaints that they have been controlling and gouge pricing the consumer sine 1997. Read the article at http://articles.moneycentral.msn.com/SmartSpending/ConsumerActionGuide/BuyADiamondGetARefund.aspx .

The new site template is almost finished and is looking great. The photo albums will have a different look temporarily until a script can be developed for what I want. It will hold up publishing the new look, so we will put up a temporary fix until the other can be finished. Could be this next week!

Weather is HUGE here right now. Today almost all mountain roads are closed due to blowing snow and 70 to 80+ mph winds. Tonight is supposed to be worse. In addition, I25 is shut down from I70 north to 58th Avenue due to a water main blow out. It could be a week or more before all of that part is reopened. The HOV lanes are being used to get traffic through, and a couple of temporary lanes may be opened later today or tomorrow.

Something FUN going on in Denver starting next Friday is the Gold Show at the Denver Museum of Nature and Science. Hooked on Gold will join GPOC doing some panning demos for teachers on the 16th at the museum, so I am sure we will all get a chance to see the gold show while we are there. It will be similar to the show in Houston that their museum put on a couple of years ago. Sorry, but pictures are not allowed in the museum, so we aren’t going to be able to get any to you. Check out www.dmns.org for more info.

World Open Panning website has this year’s world wide gold panning competitions listed and they add more all the time. A great site to visit: www.worldopenpanning.homestead.com .

Until next week……
___________________________________
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.
_______________________________________
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

Tuesday, February 05, 2008

Gold Hunting in Arizona Postponed


Have you ever had a trip planned, packed for, and you were SOOOO ready to get away and go prospecting and looking forward to finding some gold, to have some emergency come up a few hours before departure that made the trip still possible, but not all you had wanted it to be?


Well, 16 hours before we were to leave to go to Arizona and the Tucson show, a family emergency came up at my brother's house that meant if we continued with our trip, it was very likely we would be unable to visit with him and his family, and we would miss a very important propsecting opportunity. We already knew that driving would be hazardous on Sunday, and the weather would not be good for prospecting until Wed, but we had still been willing to go until his called made everything seem futile.


We will not be going to Arizona until the end of March, not attending the Tucson show this year, not selling emeralds, not buying gold, not finding gold, not visiting with our many friends and aquaintances in Tucson, not leaving the snow for a few weeks. It has taken me this long to actually be able to tell you this.


However, there still is the gift show at the end of the month where I can get a new supply of mining desgn scenes, mining themed gifts, to put onsite soon, work on the new template and getting the new items on site later this month. We also can now attend a very important demo for school teachers on the 16th at the Denver Museum of Nature and Science, just in time to unfold their new gold show. It also means you will get another newsletter this Friday. Lots of gold news to report on.


I don't know how the weather is where you are, but we are getting hit with snow every couple of days. Fortunately, the city is not getting more that a coupe of inches each time, but even we are above average in snow for this winter season. Some of the mountain areas are at 240% of snowpack for this year, and our biggest snows are usually in March. How's the weather where you are?


Friday, February 01, 2008

Hooked on Gold Gazette Feb. 1st





On last year's trip to Arizona, we got some nice pictures of this overly friendly Road Runner in Albuquerque. BEEP BEEP!




HOOKED ON GOLD GAZETTE

· Gold Spot Closing Price for Friday: $907.90
· Spot price Jan. 25th: $910.50
______________________________________

Calendar of Events

FEBRUARY

TUCSON GEM, MINERAL, and FOSSIL SHOW – Tucson, Az.
13th GPOC Meeting 7:00 p.m. Colo. Springs
22nd – 24th Gem and Mineral Show Jefferson County Fairgrounds, Colo.
_______________________________________
NEWS

The roller coaster ride of gold has been interesting this week with it touching $937.60 this morning before tumbling back under $30.00 a Gram. The uncertainty concerning South African gold mining along with economic woes pushed it up before the Fed interest rate cut pushed it back. Consumers and investors have been pulling back from the metal as it sharply rose in January. Scrap gold is being sold around the world in large quantities, jewelry demands in India and the U.S. have fallen off, and futures have fallen due to fears that the metal has advanced to quickly as of late. However, the wedding season is approaching in India and they can hold off purchasing the metal only so long, as wedding gifts of gold jewelry for the bride are traditional. Pressures on gold to rise in price are all around, and it cannot stay at current levels all year.

We will be on our way to Arizona tomorrow, and while we are away, I will blog a bit about what we are doing and sharing some pictures. There will be no regular newsletter next Friday as I will have intermittent internet access for the next week. Check back for updates throughout the week.

Snow continues to hammer the mountains here in Colorado, with each river drainage at 150% of snowpack for the year or above; March and April are still coming. That’s going to mean a heavy run off season this late spring and early summer which will be moving gold around in the rivers this year. It also means high water for most of the summer. Have you been able to get out with your metal detector? With storms coming every other day since Christmas, ours has been in it’s case, but should get to see the light of day in the next couple of weeks. Have a great weekend! Off to pack.
___________________________________
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.
_______________________________________
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