Tag: gold mining

“The Real Price of Gold”

“The Real Price of Gold”

The price of gold slipped slightly last week, which is in stark contrast to what the so-called “experts” said to expect long term.  Analysts at Morgan Stanley and UBS said Wednesday they expect gold prices to trade higher in 2009, benefiting from some safe-haven buying as well as long-term concerns about inflation. One expert said […]

January 25, 2009 | By | Reply More
Sweat of the Sun – Properties of Gold

Sweat of the Sun – Properties of Gold

From Mythology to the Economic Standard The Incas called gold the “sweat of the sun”; the Pharaohs insisted on being buried in what they referred to as the “flesh of the gods”; and Isaac Newton established gold as the benchmark of a new global economy. Sir Isaac Newton, England’s Master of the Mint, first standardized […]

January 24, 2009 | By | 1 Reply More
Snapshot: Gold Mining in the Philippines

Snapshot: Gold Mining in the Philippines

The interesting thing about the internet these days is that we can see the inter-play of gold prices and the international economic climate.  We can read about laid-off retail workers in England, nervous buyers in Israel and the Mideast, and frightened consumers around the United States. But we can also see a bright spot, like the gold market.  […]

December 1, 2008 | By | 1 Reply More
Panning for Clues in the Gold Market

Panning for Clues in the Gold Market

This weekend, I was in Phoenix, Arizona and then headed upstate to Kingman. A friend mentioned that there was a gold mine along the way that operated “when gold prices are good.” I’m guessing it’s not in operation currently. There are many ways to get the gold out of the ground, including panning, sluicing, metal […]

November 10, 2008 | By | 2 Replies More