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


13th GPOC Meeting 7:00 p.m. Colo. Springs
22nd – 24th Gem and Mineral Show Jefferson County Fairgrounds, Colo.


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

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 .

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 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: .

Until next week……
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