Showing posts with label gold etf's. Show all posts
Showing posts with label gold etf's. Show all posts

Friday, March 13, 2009

HookedonGold Gazette 3/13/09

I just like this one...It's IMPRESSIVE!
Didn't think I would get this out in time, but once I started, it flowed.....kinda like water over a fall! LOL!

· Gold Spot Closing Price for Friday: $929.40
· Spot price last Gazette: $938.40
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Calendar of Events

MARCH
8th Daylight Savings Time begins in Colorado, Spring Forward!
11th GPOC Regular Meeting 7:00p.m.
17th St. Patrick’s Day
20th Spring Equinox

APRIL
· 1st April Fools Day, Motorized Equipment Opening Day on Arkansas River
· 10th Good Friday
· 12th Easter
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NEWS

WOW! Today it has been a challenge to get off of twitter and facebook and get to the newsletter! Facebook has some new features and a new look, so I spent some time on it to get used to the new feel. And then there is twitter, with all the news flying around with the people I follow. If you aren’t on twitter, you are missing a great resource for information….but be warned; it can be addictive to read everything! LOL!

One of the new communication items I keep finding on the web can be found at ning.com. It is a website that allows you to set up a forum type social network for your niche. GPOC president, Eric Vesterby, suggested a website for me to look at, and I noticed it was set up with ning. I have seen several others in other niches set up with the same website, and so Eric and I thought it might be a good idea to set one up for Hooked on Gold. I’ll be working on that this next week. It has a very interesting array of options that I think you will like. Social networks are very hot for users right now, and I could get you information quicker AND answer questions quicker. You could also ask questions of others and get answers. There is also a chat room and various discussion boards, so I think this is going to be a good fit for us.

PLEASE BE ADVISED THE FORMS PAGE IS STILL NOT WORKING!!!!! It is posted on the page prominently in two places that it is not working, but every day I have someone try to send it to me and all I get is the email with no information attached to it. Please send me an email to either info@hookedongold.com or hookeongold@gmail.com and ask for the specific information you are wanting. I can send it to you that way, but not with the form. If I get this social site working, I’ll take the form page down as I can post the information on the social site.

FYI, I did buy a new emerald ring last weekend, but not to wear now. My friend Pedro Arevalo who owns and operates T.L.E. International was taking old inventory back to Colombia to rework, and one of the rings has a very sweet marquise cut emerald of fantastic quality with VS1 baguettes in it. I have really like the stones in the ring, but I have one that is styled similarly with a mandarine garnet. I asked how much he wanted for the stones and he gave me a very good price, so I bought the stones to rework into a wedding set later on.

Are you ready for motorized equipment prospecting season to begin on the Arkansas April 1st? Everyone I talk with is itching to begin. Point Bar has been busy already with all the warm weather we had a couple of weeks ago, and getting into the water early is on everyone’s mind. We can’t until after Easter, as that was what I gave up for Lent. Believe me, giving up early prospecting is a big sacrifice for me! We are making headway with retirement the end of April, too, and setting up things for the summer. So far, we will be forced to take a week off before then or lose the time and money for it, and we will need to readjust a loan we made that the rules changed on. No BIG shoes have dropped so far, although we continue to watch for one that will stop us for another year. So far, we do not foresee anything large enough for us to pull back, yet. It’s gonna be a GREAT summer!

I also heard from Eric that the claims that were placed below GPOC’s Prospector #3 last summer, North of Buena Vista, have been denied and the area is once again open to the public. The BLM was there last Fall to see the claimants break camp and leave. This is GREAT news for everyone!

I had one link this past week that might be interesting for you to check out. It’s entitled “Gold going down in favor of equities, and silver up?” http://www.safehaven.com/article-12794.htm I still see some who predict the gold ETF’s could figure prominently in the course of where gold heads. Inflation will also be a determining factor in the next few years, but the ETF’s hold a tremendous amount of vaulted gold and when those folks decide to start selling, it could put gold in a tailspin. Silver is in a similar position, but they don’t own the same percentage of known bullion that the gold ETF’s do. Probably won’t happen until we hyper inflate, though, so watch for them to start pulling out of their gold positions when they need dollars to pay the rent with. In the meantime, gold coins are beginning to rise nicely and are commanding about 20% to 30% or more over spot for AU 55 and better.

HR699 is still on a desk somewhere. GPOC has a information on what you can do to get a letter to your congressperson before it gets passed. Do not bother signing and sending on any type of petition that gets passed by e-mail. It is a waist of your time, as it just gets passed around. There is no way for anyone to retrieve all those signature and send it anywhere, much less expect that anyone would even look at or consider such a petition that was received by a representative, as all of the names could be trumped up. Come on people…..use your heads. Where does it say in these emails how it will EVER get delivered, to whom, and WHEN? If you want to say anything to your representatives, you have to do it YOURSELF! You can find more information on this at http://www.gpoc.com .

Lots more going on, but I’ll have to blog it later this week. Happy Birthday today to my youngest grandson who is turning 2 years old!!! Have a happy Friday the 13th, everyone. I’m outta here.

Panning Kits Here
Monthly prospecting equipment Specials HERE
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 April 1st.
_______________________________________
www.hookedongold.com
www.hookedongold2.com Metal Detectors at Auction
hookedongold@gmail.com contact us
PLEASE BE ADVISED: Ads that you might find on this blog or on a website using ads, may use cookies or other tracking means to track your movements on the web. Please read our Privacy Policy to see how this affects you and what you might want to do to prevent cookies being used to track you.

Monday, January 26, 2009

Gold Markets, Gold Miners and Gold Jewelry

The gold spot price is back up above $900 today, and a search for some information on the rise gave me some interesting analysis. Calls on the SPDR Gold ETF (GLD is the other one) are up 4 times normal over Friday, and share prices of the miners were up as well.

Analysts are predicting the price of gold to rise for the next few months, too. However, the Indian market wants a lower price, of course, as they go into their marriage season so that brides will have ample dowries going into a marriage. If she doesn't have enough gold going into the marriage, the grooms family can cancel the marriage, or there can be other consequences for the bride. This is why the Indian marriage season is so important to the price of gold and gold jewelry, and gifts to the bride are always in 21 to 24K gold jewelry, not in coins or bars, or raw gold.

On the world scene, Guyana is expecting as much as a 50% drop this year in gold prospecting, after an 18% increase in '08. I have been reading that many of the exploratory companies are also scaling back exploration this year.

As to us, I don't think we will be scaling back our own gold exploration, so you can bet you'll be seeing us around the gold bearing areas in Colorado this summer. Looking forward to a very pleasant and profitable gold season, ourselves.

Good Prospecting to You,
Shirley Weilnau

Saturday, November 15, 2008

HookedonGold Gazette 11/14/08

Yup, that's what gold looks like!

· Gold Spot Closing Price for Friday: $742.30
· Spot price last Gazette: $733.90
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Calendar of Events
NOVEMBER
· 2nd End of Daylight Savings Time
· 4th ELECTION DAY Get out and VOTE!
· 11th Veterans Day
· 12th GPOC Regular Meeting 7:00 p.m.
· 27th THANKSGIVING
_______________________________________
NEWS

You would think that with most of our gold finding season behind us, an early Thanksgiving feast finished, and the fact that it isn’t quite Christmas shopping season yet, that we would be having a nice, quiet reprieve before the holidays, right? NOT! In fact, our lives seem to have been even BUSIER than they were this summer. I really didn’t think that was possible, but it has taken me three days to catch up on the household things that are URGENT since Wednesday. When I realized it was time to publish the Newsletter, well, the list of things to write about was done, but that was it. So, I am a day late, but by Wednesday, I was THREE days late.

You read about part of the newsletter items yesterday in a blog post, and so, I will finish today with what else is going on. The biggest news in Colorado mining this past week has been Freeport-McMoran’s decision to postpone the opening of the Climax Moly mine indefinitely and layoff 25% of their workforce at the Henderson mine. They are planning to complete the construction going on at the Climax mine, but opening it has been delayed due to the slow down in steel production and demand. You can read more about it at http://www.fcx.com/ .

We had our first measurable snow yesterday here in Denver with a quick storm that moved in early in the morning and left almost a quarter inch of the stuff, which melted as soon as the sun came out later in the day. That means we did not make the latest date for snow fall in the Denver area, which would have been Nov. 22nd. I-70 and the mountains have had several good snows over the past couple of weeks, and most ski areas opened early.

Blog posts you might be interested in include one by an artist on panning at Panning For Gold, this newsarticle from Vancouver on new panning regulations http://www.thenewstribune.com/adventure/story/536229.html , and several that are commenting on the gold markets and what they may do this next year. Open Letter on Gold Demand and Supply, 'GOLD TO BREAK TO UPSIDE, DOLLAR TO COLLAPSE', and Gold Outperforms... Everything .

As to the gold ETFs, you are essentially buying paper, and the paper has been trading at a discount to the real price of gold. Invest in the real thing, if you are looking to do that. Gold miners should go up with this trend in a bull market in gold, too.

Are you still out finding gold? If so, comment to our blog and let us know what you are finding. If you receive RSS notifications, Hooked on Gold website now has an RSS feed you can subscribe to. You’ll find it on the home page.

Well, that’s it for today. I could go on about my trip up to Greeley to deliver a new distributor to Bella Health Systems, but that isn’t about this kind of “gold”. See you next week, and hopefully there will be more time for some extra blogs this week. As always…..

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 April 1st.
_______________________________________
www.hookedongold.com
www.hookedongold2.com Metal Detectors at Auction
info@hookedongold.com contact us
PLEASE BE ADVISED: Ads that you might find on this blog or on a website using ads, may use cookies or other tracking means to track your movements on the web. Please read our Privacy Policy to see how this affects you and what you might want to do to prevent cookies being used to track you.