Friday, March 21, 2008

Hooked on Gold Gazette 3/21


· Gold Spot Closing Price for Friday: $919.20
· Spot price last week: $1002.50
After topping out at $1034 Monday, the low was $903.60



______________________________________

Calendar of Events

MARCH

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

APRIL
1st APRIL FOOLS DAY – Arkansas River is open for Motorized Equipment
9th GPOC General Meeting
25th – 27th SPRING Gem, Fossil and Mineral Show – Denver, Co.
_______________________________________
NEWS

WOW! Gold sure has been in the news this week. Hope you did not buy yours on Monday. LOL! The price got too high for the Swiss to ignore, along with a lot of other folks, and so a lot of profit taking has been bringing the yellow metal’s price down. This next week should be interesting.

March is sliding by and the open date for the Arkansas River to motorized equipment is sneaking up on us. April 1st is more than just April Fool’s day around here. Do you have your equipment repaired and ready for it? Remember to have your bonds up to date before you go out, and that Cache Creek does not open until the end of May. If you are wondering what is going on with that, we have some new information posted for you at http://www.hookedongold.com/arkansas_river_drainage.html . Scroll down to the NEW for ’08 under the Cache Creek dialogue.

Now, this doesn’t have anything to do with gold, but our oldest son has started a business that places RFID boluses into dairy cows to track their temperatures, as well as a lot of other helpful information, so if you are a dairyman you want to check out this link. If not, please indulge me here and know that the purpose of this sentence is to provide a backlink to their site. http://www.bellahealthsystems.com/ Gonna be hugely golden!

We get to go and find our first gold in a couple of weeks in Arizona. I wish I could say we were finding gold in Colorado, but Aspen reported 450 inches of snow fall so far this year. Now, that isn’t Buena Vista, but they also have had their fair share and the April open on the Arkansas River could be slippery and a bit chilly. Last week they still had 3 feet on the ground. It is warming up, but it will take a little while to melt it even if they don’t get any more. If the precip changes to rain, then the snow will melt super fast. Hopefully that won’t happen at high elevations, or we could be in for a very wet spring with the snow melting faster than rivers can handle it. Of course, that DOES move gold around and into the rivers to get classified for us.

Oh, and while we are gone to Arizona, e-mail will be slow as my brother lives way out in the boonies and has dial up, so we have to go into town to try and find a connection. We will do that every so often, but our main goal is to find gold, so please be patient while we are out having fun! I know. You’re jealous, but SOMEONE has to do it while you are working.

Tomorrow I will be posting my next blog in the series on gold prospecting resources. I have been busy trying to put the first store page together. No idea when that will be finished. It could be in the next few days, or it could be never…..or at least SEEM that way. New things are going up on most pages, though, and some of the copy has been revamped, so watch for updates and maybe a new page or two on new subjects. I think I will be putting up some of my past articles on the articles page, too.

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
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. They are easily removed by going into your computer’s control panel and deleting them, or you can also use a virus scan to look for them and delete them

Friday, March 14, 2008

Hooked on Gold Gazette 3/14



Prospecting Fever

· Gold Spot Closing Price for Friday: $1002.50
· Spot price last week: $972.40
That’s right folks. We have a weekend close above $1,000



______________________________________

Calendar of Events

MARCH

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

APRIL
1st APRIL FOOLS DAY – Arkansas River is open for Motorized Equipment
9th GPOC General Meeting
25th – 27th SPRING Gem, Fossil and Mineral Show – Denver, Co.
_______________________________________
NEWS

Do you have cabin fever in a big way? Are you waiting for that first opportunity to go prospecting and find some gold? Boy, WE sure do!!!! Looks like the trip to Arizona will be sometime the first part of April. In the mean time, there are birthdays, Easter, Spring vacation, when we get to visit with the two older grandsons, and snow. Temperatures are moderating into the 50’s, so we will get to go and play on Clear Creek in the next few weekends just to get our prospecting fix. In Arizona, we will be in the Prescott area where my brother lives. Always a fun time for us, early in the season. We are trying to make connections with my brother’s friend near Stanton to see if we can find some of his gold for him with the metal detectors.

I saw a very interesting report on the newswires about mining in India this week. Their cabinet voted to ease their mining policy to shorten the time it takes to get new mining leases granted. It is expected to take 6 to 12 months with the new system. Now, you might wonder why this is so important. Well, it seems only 10% of India’s minerals have been explored for, and as we all know, India needs more and more minerals for their booming economy. If they can get those in country, everyone wins. There will be less pressure worldwide in the competition for these minerals. However, don’t expect it to be over night. It does take years to develop these things.

So, is everyone tired of the promised changes in the site as I am? Man o man, there seems to be one thing after another that gets in the way of my moving forward. Take heart. There should be things going up this next week. Hopefully, by Saturday night the changes my tech needs to make to the pages will be complete and I can start duplicating the template to get additional pages up. If not, I’ll do it anyway and we will have to deal with the additional pages when the time comes. Time is a wastin’ and summer prospecting will be here before we know it.

I have a couple of new link partners, so check them out. Also, here is a link to prospecting books that I don’t find too many other places. http://www.research-unlimited.com/index.html

More researching information will be out this weekend. While I know most of you only want someone to point you to a spot to dig gold, at these prices, there aren’t many who will give you that information willingly, and there aren’t many sites out there that will even tell you where the open spots are. We are trying to give you that information for some of Colorado. If you have information that the public can use for other states, we can start pages for each of those areas.
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 .

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
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. They are easily removed by going into your computer’s control panel and deleting them, or you can also use a virus scan to look for them and delete them

Wednesday, March 12, 2008

More Sources for Finding Gold



Finding a piece of gold like this beauty from California is the dream of every gold prospector I have every talked with. Learn about some of the resources you have available to help you find your own mother lode.

I am having a hard time believing it is March 12th!

Nobody is watching gold right now with the DOW going up, but gold is also back on the upswing. Many were hoping it would reach the magic $1000 mark early last week, however, it fooled most people and reversed course a bit.

As promised, I am continuing my article on research sources to help you in your search for gold. Friday we talked about local sources of information in your libraries and newspapers, and the people who are affiliated with your local prospecting clubs. Another source of information can be found in the official reports done by the USGS geologists and mining engineers sent into the field in the 1800’s to collect data about mineral deposits, along with other information needed by government agencies. Many of these old reports are still available from the USGS (United States Geological Survey).

The USGS also has a couple of databases you might find interesting in your search for gold. One is the Mineral Resources Data System (MRDS) and the other the Mineral Availability System (MAS). The first database contains mineral occurrences as well mine sites for industrial mineral and metallic mine sites that are known worldwide, and can be a source of information to obscure deposits often never mentioned anywhere else. However, the quality of some of this information may be in question, so you still need to do your prospecting on any information you might obtain. Some of this information may simply point you in the right direction, but values may not be enough or in a form that is practical to mine. Also, some of the coordinates may be off the mark, and are more in a general area than pinpointed, with a few off by more than a mile, and should be used in conjunction with other resources for a better overall picture. We’ll talk some more about sources to help you find gold in the next blog.

OOPS! When I read this post, I realized I had NOT talked about your local resources before, so I will include that in the next posting.

Good Prospecting to You,
Shirley Weilnau
http://www.hookedongold.com/
info@hookedongold.com
http://www.hookedongold2.com/ Metal Detectors at auction

Friday, March 07, 2008

Hooked on Gold Gazette 3/7/08


· Gold Spot Closing Price for Friday: $972.40
· Spot price last week: $974.30



______________________________________

Calendar of Events

MARCH

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

APRIL
1st APRIL FOOLS DAY – Arkansas River is open for Motorized Equipment
9th GPOC General Meeting
25th – 27th SPRING Gem, Fossil and Mineral Show – Denver, Co.
_______________________________________
NEWS

Well, we are still waiting for gold to reach that magic $1,000.00 mark. It is expected to meet with resistance at that price before rising higher later this year.

More snow is falling in the mountains and even the northern mountains are now showing totals over 100% for the year. Look for high water during run off this spring and early summer. Should be a great year for white water rafting.

This seems to be a slow week for news on gold, other than how high it is right now. It did dip to $958 earlier this week, but rebounded right back the next day. This seems to be a good place to talk about researching your areas for this season prospecting trips. I don’t think I have taken time to talk about that, so I thought I would start today and continue this next week with some tips about where to find your research materials. Today I will discuss your local resources.

The first one that comes to mind is your local prospecting club. You will find a wealth of information there, but don’t think that those “old” timers will just give up their secret or best spots to you. They WILL tell you about the best places to get started and even give you a hand with the basics. Anything more than that will require time invested with them and the club to “prove” your worthiness. Along the way, you just might find that special place of your own to share with them. Good reciprocal information is always appreciated.

Next, your local library or the newspaper or libraries of the area you are interested can yield some good information, but remember that newsmen of the 1800’s exaggerated findings to sell papers with sensational news. While there usually is a thread of truth there, the whole truth may be somewhat different than the printed “truth”. (A good rule of thumb for today as well. LOL!) I’ll give you some more tips next week so I can get this published before supper.

Website changes continue, but the search function is still not working right. Hopefully it will be fixed by early this next week. After I get everything working, I will begin rebuilding the store. Some of the older items will go up first, and I will then work on getting up newer items that have been found this past Fall. While I know many of you will be looking for equipment for this next season, it is simply too expensive right now to have a distributorship for larger equipment, and so we will stick with what we make ourselves and what we can drop ship. Those items will be the corrugated mini sluice for black sand separation from gold and the Madam Queen Shirley’s Magic Panning Sand, with 7 grains of real Colorado gold.

One fantastic find this last Fall was a source for Gold Nugget and/or Gold in White Quartz Jewelry from a company that has been in business for over 40 years and two generations. Items are available in 14K gold and sterling silver. We stock a few items, and anything else can be ordered and drop shipped with a 30 day return policy on the jewelry. Another part of what they have available is prospecting gift items made from redwood bark, geodes, and amethyst with mining and gold panning scenes. VERY reasonable in their cost. We stock some of these items, also, and those we don’t can be ordered and drop shipped. I’ll tell you, I sold quite a few of these off site this last year, and I am sure you will be pleased with them as well.

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 usPLEASE 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. They are easily removed by going into your computer’s control panel and deleting them, or you can also use a virus scan to look for them and delete them

Wednesday, March 05, 2008

Golden Snow


Golden snow is falling in the city and mountains again today. Lots of snow means gold will get moved around this spring in the rivers and streams and more float gold will find its' way into tributaries for us to find.


Since finding gold is what we are about, I can't be too much against falling snow. It does make my job easier by helping to concentrate more gold in the public placer areas where I want to look for it this summer. Spot gold took a roller coaster ride yesterday down to $958.50, but is up again this morning to around $987 again.


Are you spending your time repairing equipment? Prospecting season will be here soon, and the snow will be melted so you can find gold. Larry has his plans for constucting a highbanker/dredge combo just about finished, and they will be for sale on site early in the spring. The corrugated mini sluice will be back up as well, and I have an excellent source for nugget jewelry in 14 K gold or sterling silver lined up, with MQS Magic Panning Sand reappearing, too.

The gem show this past weekend was slow, with people holding on to their money. A lot of work with few results. Still, it is fun to work with the public and talk about gold and gemstones.
Our youngest grandson will be one year old this next week. That whole year has gone by so fast, and what a golden year it was. Thank you to all of you who made it so for us! We met so many wonderful people this last year, and had so much fun with all of you. Hopefully we will see you all again this year and make more new friends of those who we will meet this year. Good Prospecting to You!

Saturday, March 01, 2008

Hooked on Gold Gazette 2/29



Yes, it's Gem Show week and time to spend my weekend in the "green" booth.



· Gold Spot Closing Price for Friday: $974.30
· Spot price last week: $944.60

pssst......silver was $19.81

______________________________________

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.
29th Leap Day

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

Short newsletter this week. Gold is trying to break out and run for $1000! Warmer weather is making us itch to get out and do some prospecting. In case you haven’t been online and onsite, you will find the change we have been talking about for months. Wish I had the weekend to work on it, but I have to go and sell emeralds. I know, I know. SOMEONE has to do it and it might as well be me. LOL! The jewelry comes in nice buttery 18K gold and is really remarkable.

I was reading that the Thai’s are selling their family gold to keep their heads above water with the inflation rate there. It’s getting melted down and shipped off to better markets, as most people there are selling and not buying.

Have you heard the rumors going around about us beginning another mini ice age? I’ve been hearing bits and pieces for about a month now, and the charts seem to bear this out. Could be all that talk about global warming might be short lived if we continue to cool off globally. What’s up with the earthquake in England? Indonesia, yeah, but ENGLAND? How long has it been since that happened?

3 weeks until the first day of Spring. Can you smell it in the air? With mid 60’s and low 70’s this weekend, we are both bummed that we BOTH have to work. I’ll put up some more thoughts early this next week.

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 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

______________________________________

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

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

















Friday, January 25, 2008

Hooked on Gold Gazette Jan 25th





Summer time fun. Don't know about you, but I'm tired of being COLD!!!




HOOKED ON GOLD GAZETTE

· Gold Spot Closing Price for Friday: $910.50
· Spot price Jan. 18th: $880.50
______________________________________

Calendar of Events

JANUARY 2008
1st New Years Day
9th GPOC Meeting 7:00 p.m. Colo. Springs

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

BREAKING NEWS! Closure of three large mines today in South Africa have placed the supply of platinum and gold in jeopardy. The local utility/power supplier informed Anglo Platinum, Anglogold Ashanti, and Harmony gold mines that they would be unable to guarantee continued power supplies to them due to power shortages and worker strikes. Gold reached a high in overnight markets of $924.70 on the news.

The cost of making a penney has neared it not surpassed 2 cents. How much longer do ou think we will be carrying the coin in their present state? Aren’t we ALL picking up penney’s we find on the ground?

Ever wonder what the gold market has been doing by percentage gain each year since 2000? Well I found a chart that tells you just that. Don’t know for sure what gold will do in the future, but the past has been remarkable.

2001 33.10%
2002 20.10%
2003 54.40%
2004 8.36%
2005 40.00%
2006 20.60%
2007 31.10%

This shows an average gain of 27.27%, and will boost gold to $1061.00 per ounce by years end, if it only reaches the AVERAGE, and there are many factors working now to push it past the average.

This year, China began trading in gold futures contracts for the first time ever. The Chinese have an opportunity to buy futures contracts on gold at just 7% of the contract, making it very easy for the average person to purchase the smaller 1,000 gram contracts. The impact of these traders along with world wide traders, could have a substantial impact. As China becomes the world’s largest producer of gold, soon, according to a prediction by the China Gold Association, it could also become the worlds second heaviest buying country as well.

COLORADO is experiencing a surge in mining claim applications. “GOLD?” you ask? NOPE. Oil and uranium. The state has some of the lowest fees in the Rocky Mountain area, and the State is contemplating how much to raise them. Mining companies are complaining, but if you look at Wyoming and Utah, we are charging almost half what other states are getting. I guess you could say, I’m more in favor of the State getting more in fees than to have my income or property taxes raised. Then there is that proposed gasoline tax of 13 cents. I can’t say that the fee hike is necessarily bad for mining as they are already paying higher fees in neighboring states. Heck, if they’re lucky they can spend the fee money in court paying lawyers to fight the environmentalists and locals who don’t want mining and then take their high paying mining jobs and mine somewhere else. THAT would be great for the environment, AND the economy.

The Tucson show is coming up in February. You could be there anywhere from the first of February til around the 17th and see a lot. While much of the show is for wholesale, there is much to see for the average guy. The downtown convention center has something going on each long weekend, and there are other things al over town at many motels, and can be accessed by and “prospector”. I can promise you that if you have never been, you will be on overload by the time you leave. Plan to park your car and use the shuttles.

So, how are you planning on spending your Federal “rebate” check? That is, assuming it can pass both the houses without too many changes, (HA! Can you spell P*O*R*K?) AND you get it before the elections.

Oh! Oh! In the proposed changes to the mining laws that were talked about last summer, how did you like the one about how the water quality coming out of a mine 10 years after it was shut had to be guaranteed to be “clean”? I didn’t see any mention of any consideration of the water quality BEFORE the mine was opened.

The new template is almost finished and it should be in place in March. What with the Tucson Show coming up, there won’t be much time to switch it before we leave, so it will have to wait until we get back. It will take some time to get everything as it should be before it goes “public”. It looks great and just needs a few more tweeks to be ready to start using. Did you find gold this 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.
_______________________________________

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

Friday, January 18, 2008

Hooked on Gold Gazette Jan. 18, 2008.


Sources of gold are numerous......many right under your feet!


HOOKED ON GOLD GAZETTE
• Gold Spot Closing Price for Friday: $880.50
• Spot price Jan. 11th: $894.90

After touching $915 earlier this week, gold slipped back into the $874 range and has settled for the weekend at the above price.
_________

Calendar of Events

JANUARY 2008
• 1st New Years Day
• 9th GPOC Meeting 7:00 p.m. Colo. Springs

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
Now, the discussion on how gold nuggets can be placed in rock other than quartz has been interesting, but now you are wondering how you can put this knowledge into practice to find your own gold in the field. Placer deposits, as any placer miner can tell you, can hold gold from several sources, and looking at the pieces you recover will tell you how many sources you have. Color of the gold will be the most obvious indication, and, when seen under magnification, the
actual size, depth, and courseness will be another. Follow these upstream until one disappears from the samples and you will be nearer to one of the sources.

What do you look for if you are not sure if the gold comes from a quartz source or one of schist or shales? Look for both in a general location. Even gold that is deposited in schist or shale will have quartz near it, although the quartz may be barren of gold. Of the two, quartz is easier to spot simply because of it's white color. Look for reddish and reddish brown schists and shales near the quartz, especially if the quartz is barren of gold and there are indications of iron in the quartz or nearby. Quartz often weathers out of rock faster, and can leave a large scree field.

A metal detector sweep of the area will give you an indication of whether there is larger gold present, and a sampling of the area with a shovel and bucket can tell you if there is smaller gold in the area. Process the dry samples at a water source. The detector will also be able to locate deposits that are left from wetter periods in the past in cracks and crevices, and in ravines.

Keep looking, and testing, and sampling and detecting, and you will find gold, possibly in the place you least expect.

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/
www.thevideosense.com/user/MQS Prospecting Videos
www.hookedongold2.com/ Looking for metal detectors on e-Bay? Click here
info@hookedongold.com contact us

Thursday, January 17, 2008

Hooked on Gold to get a new look




How do you like this picture for the new template header?



HOORAH! My new HOOKED On GOLD template is on it's way to being a reality! I have finally made connections with an expert who can give me a template that will do what I need it to and it will be similar to the one you see now! So, none of you will suffer too much shock when it gets changed. The header will be slightly different, but the look and feel should be the same with the width finally under control.

In GOLD news, we have gold dropping today to near that magic $50.00 point below it's high last week. The stock market is taking a beating this week so it should be interesting to see if gold finally decides to take a turn in the opposite direction of the markets, or continue to follow them down. I haven't heard of any selling off of gold by major banks recently, but with the price so high, I'm sure someone somewhere is taking profits.

Tomorrow's newsletter will continue with the discussion on how gold is put into rock under geothermal conditions.

Monday, January 14, 2008

Gold above $900




Your Specimen Gold Is UP!





Good monday morning to all of you. Gold is rising again today after touching $914 and then sliding back and climbing back up to $908 at 9:00 this morning. Of course it can correct itself back $50 to $100, but right now it is at around $30 a gram.


I have been told that specimen gold does not fluctuate very much based on the day to day spot prices, but when the price increases by around 50% in a year, well, your specimen gold just went up 50% as well. So, those people who bought their specimens at the Tucson show last year that no one even saw but the bidders, made on heck of a deal. It is hard to find 50% gains even in the stock market.


I have been discussing the information I found on the geothermal theories on gold nuggets with a geologist friend of mine, and he found the information very interesting. More on that this Friday as I continue this discussion in the newlsetter, so check back for another round in this discussion. If you have any thoughts, let me know. We may all start looking for nuggets in another area we hadn't thought about before.

Friday, January 11, 2008

Hooked on Gold Gazette, Jan. 11, 2008



Left From Gold Days Gone By

HOOKED ON GOLD GAZETTE

· Gold Spot Closing Price for Friday: $894.90
· Spot price Jan. 4th: $863.00
________________________

Calendar of Events

JANUARY 2008
1st New Years Day
9th GPOC Meeting 7:00 p.m. Colo. Springs

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

WOW! Are you watching gold skyrocket this week? Man, I don't think I would be selling any gold right now until it settles down and I can get a great price for it. I am wondering what the price will be at the Tucson show in Feb.

As promised, I am continuing the discussion of how gold is formed outside quartz. There is and has been among old prospectors, the ongoing belief that not all gold is associated with quartz, and there are many examples throughout the U.S. gold strikes that support the theory that gold can also be depostied in the fissures and breaks in rock such as slate and certain schists. This especially true if the rock has a brownish red to red color to it.

Red clay or dirt is an indication of mineralization and a high concentration of iron. While hot, gold will show a affinity to iron, but when sulphur is introduced, the iron will let go of the gold and attach itself to the sulphur where it precipitates out creating iron pyrite. This leaves the gold in the solution to find it's own place to settle, and that can be in rock that has a space for it to crystallize in. Sometimes that is around quatz crystals, and sometimes in and around other rocks with spaces.

There are many examples of this type of evidence in California, Alaska, Nevada, and even Colorado. I am sure you all have heard of Farncom Hill in the Breckenridge district. I have found small pieces of wire gold when going through the slate there with a small backpack type highbanker on a claim we had permission to be on many years ago. I have since wondered about the other slate type of rock I often see in other mining districts. From now on, I WILL be taking samples to test this theory out while I am out finding gold.
______________________________________
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

Friday, January 04, 2008

Hooked on Gold Gazette Jan. 4, 2008


HOOKED ON GOLD GAZETTE
· Gold Spot Closing Price for Friday: $863.00
· Spot price Dec. 29th: $838.80
_____________________________________________________
Calendar of Events
JANUARY 2008
1st New Years Day
9th GPOC Meeting 7:00 p.m. Colo. Springs
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
Gold is in the news this week so much, that it is hard to decide which aspect to report on. Several will be ongoing, but the U.S. Forest Service updates are probably the most pressing. In case you have not been aware, the U.S. Forest Service has recently proposed to “issue criminal citations for occupancy” on public lands. As always, they will also be attempting to put further restrictions on mining on public lands. One proposed amendment will create a “bonded notice”, which will require a “financial guarantee” for any mining activities that would not require a plan of operations. The amount of this proposed “bond” was not quoted, but we in Colorado are already familiar with this type of bonding which has been required by the BLM on the Arkansas River for about 4 or 5 years. Public Lands for the People will be addressing this issue when it is posted, but miners in general need to get on board with this as no public meetings are proposed and the comment periods are usually very short.

The Preble’s Mouse has raised its’ ugly head again and it is now planned not to delist it from the endangered species list, even though it was proven to be genetically identical to another more common mouse. Yes, dear friends, your house, highways, and recreation will be limited because such activities might disturb its’ habitat. This highly specialized mouse is doomed by mother nature to die out when it’s habitat changes, and that is why it is a mutation of the original. The original is meant to survive. If we continue to go against mother nature, how will new species ever evolve in a new world? Why is this mouse more important than another that might take its’ place. How can the Fish and Wildlife Service be sure this mouse will become extinct if it is disturbed, or that it isn’t part of the bigger “plan”?

Comments on the prebel mouse issue can be submitted to: Susan Linner, Field Supervisor, Colorado Field Office, Ecological Services, P.O. Box 25486, MS-6542, Denver Federal Center, Denver, Co. 80225 or by fax to (303) 236-4005 or email to FW6_PMJM@fws.gov Comments much be received by Jan. 22, 2008.

Chili is in this week’s news as one South American country that can attribute its’ prosperity to mining and a government that is aware of the contribution it makes to that prosperity. While working with mining companies to develop resources, they can also keep environmental impacts to a minimum while reaping the maximum benefits from mining. They have been reasonably successful in keeping all things in perspective, to the benefit of all.

Gold prices continue to bounce around, and predictors are coming out with what they think it will do in ’08. I am reading and hearing many, and the highest prediction is that it will reach $1500 and silver to be at $25.00 per ounce. Now, I’ve watched these predictions for quite a while and I gotta tell ya, they never are as high as predicted, but they do go up. If you were to look at ’07, you would find that gold advanced 50% this year. If it were to advance at the same pace this year, that would make the peak somewhere in the $1200 range. Since the stock market is predicted to stay rather flat for ’08, and gold has been pacing itself with the markets, that would mean gold should stay in the $800 to $900 range. Personally, I would LOVE to see $1500 gold, but realistically, I have to hope for $1000 to $1200 this year. How’s your crystal ball?

Next week, more on how gold gets deposited in its’ matrixes.

Last note: I had a link come in about 30 minutes ago that is announced on the home page concerning Cache Creek regulations for 2008. Check it out if you haven’t already.
______________________________________
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

Thursday, January 03, 2008

Gold Spot Price on the Rise


Outstanding Case of Gold at the 2007 Tucson Show at the Convention Center




GOLD! Whoa Boy, have you been watching it this morning? If not, take a look at the charts page! While I have been catching up on e-mail, planning tomorrow's newsletter, and making other changes, it has gone from around $856 to over $867 right now at 9:42 a.m.


I have been reading and watching stuff about other mining and rock hounding opportunities around the country, and I gotta tell ya, you should be checking these places out for some fun. Every state has a free or pay for use place where you can find all sorts of metals, gemstones, agates, petrified wood, and fossils. Geology is great fun for everyone, and kids always like diggin' in the dirt. Visit your state's digging areas this weekend if the weather permits, and if not, plan outings for this spring and summer.


The gem and mineral societies around the country are also in full swing planning and putting on gem, mineral, and fossil shows. Attend one for some amazing earth science experiences. The annual monster show in Tucson will be underway in about 3 weeks, too, and will run several shows across the city for about 3 weeks. Hooked on Gold will be there around the 9th through the 15th or so, of Feb. Just in time to see the gold displays in the Convention Center 14th through the 17th. We photographed some amazing pieces of gold last year, and plan to do the same this year. Watch for new pictures in March.

Tuesday, January 01, 2008

Happy New Year from Hooked on Gold




HAPPY NEW YEAR!




Gold closed yesterday to end 2007 at $833.30 after touching $842. Now that the holidays are over more time can be devoted to site updates and the catalog. I have a "fix" to try that I had done for me by someone a little more knowledgable in these things than I am, but have not had time to upload it. You might get a glimpse of it today or tomorrow. I'll then try to mess it up by putting the new template in it, so it might not be up very long. As most of you know, the newsletter is being posted on the blog right now. If you would like an e-mail sent telling you when it posts, you can drop me a note at info@hookedongold.com, and I will put you on a list for e-mail notification on Fridays.

I-70 was closed yesterday for around 24 hours due to high winds and blowing snow after getting over 12 inches of new powder. The ski industry here is jumping for joy after a very dry November. The city is slated for a drier winter, and we will be very glad to get out of the deep freeze tomorrow. Christmas day was terrible for travel, with temps in the teens and blowing snow with ground blizzards and slick highways. Travel was slow! We were on the highways trying to get to all the places we were supposed to be,and then everyone got sick passing around all the viruses everyone has been picking up. LOL! The holidays! How we LOVE them, even with all the problems and driving! We also spent about 5 days with our grandsons after Christmas playing Monopoly, Phase 10 and spending all the Christmas cash burning a hole in evryone's pockets. One of them even chose the picture for last week's newsletter. Off to watch the Tournament of Rose's Parade and have breakfast. GOOD PROSPECTING to all of you this year, and may your find that BIG nugget!

Friday, December 28, 2007

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
_____________________________________________________
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
_______________________________________________________
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

Friday, December 21, 2007

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
_______________________

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
_____________________________
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!
________________________________
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

Friday, December 14, 2007

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

_____________________________________________________

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.

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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

Tuesday, December 11, 2007

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.

Friday, December 07, 2007

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

Tuesday, December 04, 2007

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