Sunday, December 13, 2009

Hooked on Gold Gazette 12/13/09


HOOKED ON GOLD GAZETTE
· Gold Spot Closing Price for Friday: $1115.10
· Spot price last Gazette : $1150.90
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Calendar of Events

DECEMBER
· 9th GPOC Christmas Party…Remember your unwrapped toys for children. Our Marine friends will be there to pick them up. You may also make cash donations.
· 21st Winter Solstice
· 24th Christmas Eve
· 25th Christmas Day
· 31st New Year’s Eve

JANUARY
· 1st New Year’s Day
· 13th GPOC Members Meeting 7:00 p.m.
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NEWS

Have any of you had any of that golden white stuff lately? We have had a bit, but the cold has been bitter! -15 degrees at night and around +12 during the day. I think Alaska was warmer than we were this past week! And to boot, we had a gem and mineral show to help out and a GPOC Potluck to attend. BRRRR! It is WAY too early in the year for this kind of weather for me. We are all wondering what WINTER has in store for us after the 21st. Ski resorts are cheering, though, so if you are here for the high country snow, it is pretty good right now. Thankfully, we have started a warm up that is thawing all of us out.

Along with the cold we have had a bout of the runny noses and the usual maladies that go along with being cooped up in the house too long in frigid weather. Windows Seven was successfully installed on the new laptop and is running this morning. Now the task of transfering all the files from the old laptop to the new begins. In case you are wondering, it took about 8 hours to complete the update on a new laptop that didn’t have anything but the basic stuff it came with, and a couple of extra browsers. Time consuming, but pretty easy.

ICMJ had a report in their latest issue about California and the ban on dredging. It seems that the federal agencies consider the new ban a violation of the mining laws and are not, for now, enforcing it. Because of this opinion, state officials are also reluctant to enforce the ban, so dredging is continuing. It seems the dredgers have called the government's bluff and have won the first round. This situation should be interesting to watch as it could set precedence for future problems with dredging. Small towns are also noticing a marked decline in revenue due to the lack of dredgers who use camp grounds and town stores for supplies and gas when they are in the areas. Oregon continues to look at a ban themselves.

Christmas Season is upon us all, and after all the cold weather it is taking some doing to get caught up with all the Holiday stuff. Haven’t even had time for twitter lately, and we’ve been holed up for more than a week. You would think you could get caught up in those circumstances, but when it’s that cold, you don’t seem to want to do much of anything except try to stay warm. As such, I haven’t searched the internet much for info, but I have a link or two lurking in one of my files for you to read. Here is one on prospecting instructions that was good http://www.ehow.com/how_5689312_pan-gold-mines.html . In world news, Russia is planning a gold sale to the central bank this next week. http://www.businessinsider.com/russian-central-bank-buys-30-tons-of-gold-from-state-repository-2009-12 and China has a gold mining problem of its’ own http://www.nytimes.com/2009/12/11/world/asia/11briefs-ChinaBrf.html?_r=1

As you can see from the top of the page, gold has begun to slide from its’ highs. The charts are looking bearish and predictions are that the metal could plunge to the mid 900’s or more. Looks like we could have a buy signal soon. We hope it stays around for the Tucson show and we can buy gold at a cheaper price, too. :>D Hope you have a wonderful Holiday Season and “We Wish You a Merry Christmas”!

(Links to our affiliates. Good deals, and GREAT folks)
You can find Panning Kits
Monthly Prospecting Equipment Specials
Basic Prospecting Equipment

Until next week…….

Good Prospecting to You,
Shirley (MQS)
Google has begun running third party ads and is requiring adsense sites to include information about this change on their websites. You can read about this on our Privacy Policy page.
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: www.worldopenpanning.homestead.com . If the links do not work, copy and paste them into your browser.
If you find a broken link, please let us know
THE ARKANSAS RIVER is now CLOSED TO MOTORIZED EQUIPMENT until MARCH 1st.
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