Investing in gold has long been recognized as a solid investment, especially when there is a downturn in the economy. Gold is there forever, never losing it’s appeal, it never wilts, or fades or degenerates as paper does, it’s there forever.

Did you know that you can, in fact anyone can buy gold online and actually, it’s really not very hard to find an reputable online source for gold bar and bullion dealers who can look after you, ensuring for you a very solid investment whilst the rest of the economy struggles to maintain it’s momentum. It’s true, you today, could buy a one or several ounces of pure gold bars today - how would that make you feel?

Gold has been so highly desired for time immemorial - countless generations have sought this most highly valued exquisite metal and with the price of gold in recent months escalating, now could be a great time to invest yourself upon one of the most stable and beautiful products known to man. Consider weighing up carefully, where your money is going.

Ask yourself, if your money really is safe now in the hands of the banks or whether it is time to start investing in something which will never ever perish or fade away.

Widespread internet availability today makes your research a whole lot easier and there is a great deal of information out there that you can search for. Another good resource of information is the local library in the area where you plan to go gold prospecting. Another aspect not to overlook is research via old books on the subject or even the diaries of old gold miners if you can find these.

All of these avenues will eventually turn up for you, some awesome information and greatly increase your chances of finding a spot where you can find worthwhile deposits of gold that will be worth your time, locating and finding for yourself.

What else can you do?

Try finding old newspapers, old bulletins and geological books about mining, especially upon the subject matter of  gold. Geological maps can also help you in your search and you should be able able to find these too, via your local state university, another option. There is an old saying which goes along the lines of, ‘To find gold, go where gold has already been found’.

So, try and find out where the placer workings were located, and try to find spots that others might have overlooked. Also contact governmental agencies in the area where you intend to prospect as all these avenues will assist you in your such to one degree or another.

Also contact any geology and prospecting clubs or associations in the area where you intend to start prospecting and don’t be afraid to ask of those members questions relevant to the subject, remember, most people like to talk about subjects which they have a passion for and sometimes depending on the circumstances, they may give you some really good pointers on good places to prospect for gold.

Remember also to always make sure that in the area where you intend to start your gold prospecting that you have in advance all the required permissions from the land owner and don’t be surprised if s/he is very annoyed with you, if you do not seek this permission first. It is polite and common courtesy to ask first. Again preparation is key. Driving long distances only to find out the land status does not permit gold prospecting can be very disheartening.

If you do your research in advance, many of these kind of problems can be overcome which will aid vastly to your overall enjoyment whilst prospecting for gold nuggets out in the field.

Collecting Gold Coins can be a highly rewarding and pleasurable activity, it actually dates back to when coins were very first issued for trade. Enter the middle ages and people then started to turn it into an actual ‘hobby’ simply because of the unique artwork and historical value associated with coins.

Coin collecting today is still a hobby come business / past time that a great number of people enjoy participating in. One of the most precious and most expensive collections that anyone can ever have are those associated with gold coins, but having said that, it still represents amazingly good value and could just turn into a worthwhile investment proposition for you to add to your investment portfolio.

Of course as with anything, it is always wise to conduct all due diligence first, this goes without saying. The most expensive gold coin ever purchased was worth, wait for it - about Eight Million Dollars! This was the American 1933 Gold Eagle. This is why the collecting of gold coins deserves to earn for itself, the title, the ‘hobby’ of kings and queens.

Gold coins were one of the very oldest forms of money, or currency. This was later followed by silver coins. Gold coins were in circulation in the US from 1838 until 1933. The design was the Liberty Head bust, however this was only minted until 1907. This design was then changed to the Indian Head and Saint Gaudens motifs and was used until 1933, the start of the Great Depression. This then prompted the recall of gold coins which makes them very difficult to locate today.

Since these are no longer in circulation, the price alone for one of these commodities is actually quite high. Gold is also now used for other products such as jewelery or gold bars that people also retain for investment purposes.

South Africa minted it’s first gold coin which was called the Kruggarand in 1967. This gold coin actually has no face value but merely stands as a symbol. It is made from one ounce of gold and can be bought for investment purposes.

Since then, other countries have also minted gold bullion coins. Canada made the gold maple leaf gold coin in the year 1979 and Australia followed suit with the Gold Nugget in 1981. These two are nearly as popular as the South African Kruggarand gold coin with it’s 24 carat purity.

A lot of individuals today retain gold and gold coins as an investment because they speculate that the demand will cause it’s market value to increase. Other people hold onto gold and gold coins as a form of insurance especially in view of the present shaky market conditions and downturn in the economy. There was a point in time when the more paper money that was produced, as released by the banks, the higher the market value of gold which maintained gold and cash as equal value. After this standard came to the end of it’s day in 1971, this enabled government to produce more paper currency without increasing the price of gold itself.
For an excellent source of gold coins on the market today, actually eBay has a good range available from within it’s marketplace, although you are well advised to do your research first before simply rushing in. Of course many positive feedbacks given to an individual seller will give that individual greater credibility and respect. If you do your due diligence you too could soon be collecting gold coins either for investment or simply for the great pleasure that can be gleaned from researching their history and use.

In recent years, massive advances have been achieved with regards to the technology of gold detectors. Ideally, you want to purchase a good VLF or a PI detector to gain good results. On the market today there are at the very least a dozen or more great gold detectors and your budget will likely have a play in which one is best for you.

Certainly in mineralized areas strongly consider the pulse induction, PI gold detectors.

Now, as regards accessories, there are many on the market that can aid you vastly as you search for your ideal and suitable gold detector. If you pick the right ones these can greatly increase your gold detectors overall performance. One must have, is a good set of high impedance headphones. If at all possible, what you want to try and do is to to match the impedance of the headphones to your actual gold detector. You will find that some work great with some gold detectors, whilst on others, the results will not be so good.

Another worthwhile accessory is an audio booster or signal enhancer which will help to increase faint target sounds, but be aware also that these can increase the background noise whilst you are out in the field conducting your gold detecting.

Nearly all gold detector manufacturers produce a variety of search coils, i.e. the round device that you move just above the surface of the ground and/or terrain. These can vary in size and also in configuration (DD, DD pro, Mono and Salt). As a general rule of thumb, the smaller circumference loops work best for tighter areas and smaller gold which is close to the surface. Larger coils have the advantage of allowing you to cover more ground, although they have less sensitivity to smaller pieces of gold, the advantage with these though is the depth to which they can detect gold nuggets lower down or deeper, this does depend though as I said on the size of the coil and the target. Recent advances have made some gold detectors very advanced pieces of equipment in their own right and there are now some very good ones on the market, the MineLab 4500 gold detector springs to mind straightaway if you have the budget for this one.

You will also need a decent digger, often called a prospecting pick, this will enhance your digging speed considerably. Consider first a lightweight pick as the less weight you need to cart around the more ground you can cover at the end of the day. A metal handle or a wooden handle makes little difference, just make sure if the latter that the handle is not going to snap on you at the worst possible time, unexpectantly as this can be rather infuriating and time consuming should it happen to you.

Acquiring a super strong magnet is also very helpful in area that have a lot of iron trash. A strong good sized magnet will save you so much time when digging in an area where there is lots of iron rubbish.

Gold locations occur in many areas throughout North America and around the world. If you are on your own personal gold trail quest to discover gold perhaps for the very first time, or to take up gold prospecting as a hobby, discovering where these likely gold locations are, will significantly add to your eventual gold recovery from the field.

As with anything in life, you can just go straight out there and start trying to find these gold locations with nothing more than a wishful dream and therefore it is unlikely that you will ever find your pot of gold at the bottom of the rainbow, so the first advice is to always carry out due diligence and research first.

Whilst this may not seem very exciting to some individuals who are very keen to find gold locations straightaway, much fun can be gleaned from this gold research adding to your gold learning and your overall success in locating gold on your gold trail.

Knowing where your chances are significantly increased is half the battle and this gold locations research too can save you a lot of hassle falling foul of some of the gold regulations and laws surrounding gold prospecting wherever you live in the world.

One of the most logical places to start your gold locations research is the local library or to dig around and search online.  You could also join one of the many gold prospecting forums on the internet to find out the best gold locations in your area. Joining a gold prospectors club and striking up new friendships, swapping skills etc and given time you will no doubt be given a few good tips to help you find ideal gold locations which will have a positive bearing and increased likelihood on striking gold for the first time, then as your own gold skill develops, you can further refine your research to find better gold locations.

You can also buy gold maps online, which will give details of where gold is likely to be found.  One or two sites specifically supply these gold maps to the wider public.

Another option is to visit directly known gold areas and to pop into the local secondhand bookshop heading for the section on local minerals.  It may be that your gold luck is in if you manage to pick up an old mining book for next to nothing or gold magazine or gold journal, which highlights some excellent technical gold discussion, sparking off in your mind a great thought to locate that gold lode being talked about.

This research in the beginning will surely pay off for you handsomely in the long run and overall can only enhance your overall gold knowledge upon the subject, so although perhaps not as pleasant as camping out in the wild and actively prospecting for gold, you will come to realise given time just how valuable and insightful such gold reasearch is, for this gold knowledge will give to you tips and advice which you will carry with you for many a long year to come in the future and especially in the beginning, such advice can be invaluable.

GoldsGold wish you the very best of luck researching gold locations upon your own gold trail and hope that this advice stands you in good stead for finding lots more very productive gold locations in the near future.

Please read on to find out more about this awesome piece of gold kit which is fantastic for catching gold in riverbeds / streams etc.

The Gold Sluice is a great and very handy piece of gold kit, small enough to transport virtually anywhere.  A gold sluice looks similar to an elongated metal tray, with a wider opening at the top to funnel the water through the gold sluice.  You basicly hand trowel or shovel material from the streambed into the top of the funnel, then the action of the water flowing downstream carries this material through the sluice.  Usually you’ll use a gold sluice in a few inches deep of flowing water.

Along the bottom of the gold sluice is a gold catchment mat, on top of this gold mat there are riffles all the way down the sluice, the idea being that as the material is placed at the top of the gold sluice, the water action will carry these gravels etc through the sluice towards the bottom edge.  Any gold, naturally being heavier than the other material going through the gold sluice, this will become trapped by the riffles and the mat below them.

You can quite easily make your own gold sluice or they can be bought online, indeed, if you look in our gold store on this site, you will find many for sale at very good prices.

Short Gold Sluice Video demonstrating a mini gold sluice:

The gold sluice is very effective in collecting gold for use in streambeds and rivers where water flow is not a problem. There are many makes and models of the gold sluice available online, with some interesting innovations on the market all basically using the same principle for collecting gold.

If water is a problem, for example out in the middle of the desert, a similar piece of gold equipment comes into play, in a nutshell it’s very similar to the gold sluice working on the same principle, only this time a very fast strewam of air is blowing the material through the channel rather than water and this is called, the gold drywasher.

A gold drywasher doesn’t cost very much, the only downside to many of these gold drywashers is a/ the noise they make and b/ the dust that they can create, having said that depending on which model you buy, the gold drywasher is also very effective in the collection of gold, with of could some machines being better than others, so research and due diligence you must carry out first to find out which gold drywasher is particularly suited to your on the ground conditions. You can also buy a dustless gold drywasher, the two can be seen side by side in the gold drywasher video below.

A video demonstrating the Gold Drywasher.

One of your main considerations to keep in mind anytime you are gold prospecting is to keep the weight down to a manageable size.  There is nothing worse than carrying too much gold equipment out in the field, getting tired from walking long distances, carrying everything but the kitchen sink.  You’ll only carry more than you need once to never do it again.  Of course if your gold panning, gold prospecting location is close to your vehicle, then this advice does not matter quite so much, however, you will be surprised just how much everything weighs when you add it all together and by their very nature, many gold tools, gold equipment that are a prerequisite for finding gold out there are fairly burdensome to carry alone over any distance on rough terrain.

Before moving onto further pieces of possible gold equipment, gold tools, here are some basic tools which can be easily overlooked but when out in the field, you think to yourself, darn, I wish I had that with me now, for that half wouldn’t make my job so much easier!

What’ll you’ll need then regarding gold prospecting equipment / essentials, obviously this will depend greatly on the terrain that you are gold prospecting within, so just use your commonsense.

A small sharp axe is always a good idea for cutting away tree roots etc or dead timber in a river bed, to get to your ideal gold prospecting location.  A sharp knife too can help and is small enough to be considered indispensable out in the wild.  A long shovel is a good idea, more lightweight the better, this will save you bending over all the time and possibly hurting your back.  A long handled shovel is also handy for digging out holes to get to your gold bearing gravel. A shorter spade is an option.  A couple of trowels are always extremely handy, a short one for putting spoil into your gold pan or spiral gold wheel, an extending longer trowel for digging deeper or accessing harder to reach areas.  A long metal pick is excellent for prying open crevices where gold may be hiding or to simply loosen material prior to digging.  A GPS so you can make a note of any locations where gold has been found may also help you as well as of course a mobile phone or ‘GPS Spot’ device in case of emergencies.  Also carry a small compass with you if trekking out into the middle of nowhere.

A plastic or metal gold pump is also excellent for drawing up material from deeper down or for use underwater.  This works by suction and simply sucks up the dirt which is then contained in the tube for easy placement into your plastic bucket.  These are especially useful to use within crevices where gold may be trapped.  Rubber gloves will of course keep your hands dry, warm and somewhat protected, it goes without saying that warm clothes are a necessity as is enough food and water for your trip.  A pair of gardening gloves are also a good idea when digging out banks etc where there may be sharp rocks etc.  Some sort of insect repellant can be very useful in keeping midges off your skin, driving you to sheer exasperation and takes up an extraordinarily small amount of space as does a tube of antiseptic cream if you do cut yourself somehow.

A hooked painters scraper can also be used for crevicing very small cracks where gold may reside within.  A strong screwdriver or two can also be used for prying open cracks in rocks.  Two pairs of tweezers, one short the other long.  A rock hounding rock hammer will be great for hitting open any bedrock etc, indispensable in my opinion.  A gold sucker, small enough to fit in a backpack side pocket.  For locating tiny flakes of gold, within gold bearing quartz for example a small magnifying glass, eyepiece can help you immensely.  And then a gold classifier, to sort through your rubble which will fit inside your gold pan to save room.

Of course, every gold prospector will have his or her favorite tools and this is by no means an exhaustive list, read online and you’ll soon be able to pick up some useful tips and pieces of advice from other gold prospectors.  Especially out in the wild, always use good commonsense, sensible strong boots with ankle protection, a headtorch, spare batteries, matches or a lighter, extra clothing and let someone know where you are approximately and what time you expect to be back again so if the worst does happen, someone, somewhere can raise the alarm.

Gold equipment essentials include the following tools to get started on this very rewarding activity.

One of the most basic pieces of gold equipment that you will need on your gold finding expeditions is the gold pan.

Panning for gold has been around for a very long time. Gold panning consists of a circular bowl, called a gold pan. Gold panning as most people understand it is a labour intensive, time consuming, manual activity. You hold the gold pan in your hands and rock or swirl the contents within the gold pan to get rid of unwanted material. Typically, wide, shallow gold pans are filled with gravels and sand that may contain the material that you are after, namely gold. Water is added to the material inside the gold pan. As gold is much heavier than and denser than other material within the gold pan, it will settle to the bottom whilst the other non gold material is sloshed out over the side of the gold pan. Eventually, after some minutes of work, you will be left with silt in the bottom of the gold pan which might just include hopefully, flakes or tiny nuggets of gold, these can then be extracted from the gold pan and placed into a gold vial, or small plastic bottle with a screw top for safe keeping.

Quite literally, rinse and repeat this process of often as is required to determine the prospects of finding gold in any particular gold area where you are looking for this most precious metal.

Depending on the area where you are gold mining, the gold pan is perhaps one of the most basic pieces of gold equipment that you will need. The gold pan can have either smooth sides or riffled sides on the inside of the gold pan to catch the gold. Other gold tools similar to the gold pan, which can help to speed up the process is the gold wheel, or gold spiral wheel as it is sometimes called. This is a step up from the basic gold pan and will be discussed next.

Incidentally, gold pans are made from wood or plastic, the latter gold pan material being the material of choice by many, simply because it is so durable out in the field. Typically, you would of course choose a dark colour gold pan which will highlight the gold specks to the naked eye much more easily. Gold pans can be bought on this site for just a few dollars, very cheaply.

Here is an image of a gold pan:

The spiral gold wheel works similarly to the gold pan, without you doing most of the hard work yourself, it is far less tiring and tedious than using a gold pan alone, the other advantage of course is that the gold spiral wheel picks up much more gold than a gold pan alone can, in a much faster time too.. Standing at an angle, gravel and sand material is added with a trowel to the gold spiral wheel.

The gold spiral wheel is exceptionally easy to use too, even for a beginner to gold prospecting.

You simply fill the tank with a few gallons of water, three to four gallons is ideal in most cases. Then you simply hook the clips to your 12V battery , flick a switcth and you are ready to go! The gold wheel will start to rotate and the water will spray from the spray bar onto the actual gold wheel itself. Then all you have to do is to add a trowelful of sand or material approximately every 20 seconds. You’ll soon start to see the gold settles to the bottom as the spiral turns and the stepped riffles will pick the gold up, conveying it higher towards the center of the gold spiral wheel. When the flakes of gold or small gold nuggets reach the center of the gold wheel they will pass through the hollow shaft in the center into your gold catch cup. You can quite easily get fully familiar with the gold wheel in as little as ten minutes it is that user friendly and will yield you much more catchment of gold than a gold pan alone and of course is much faster too.

You can buy a gold spiral wheel on this site, they don’t cost much and will almost certainly pay for themselves very quickly by the amount of gold found, so make an exceptionally good gold tools investment. The gold spiral wheel can also be easily carried in any car and conveyed to your chosen gold prospecting location very easily.

The gold spiral wheel:

In the next article we’ll be looking at gold equipment basics for gold field trips, please read on to find out more.

Another factor is the Central Bank themselves and their strategic decisions to buy or to sell gold, decisions which tend not to be reactive to the economic cycle. These decisions by this body are usually made several years in advance and are then carried out over a timespan of years according to their own plans, for strategic purposes. In the country of Switzerland for example, the proposition to sell gold, or the first gold sales program, was first recommended by a group of experts in 1997. However, the actual sales program did not even begin to commence proceedings until the May of 2000, with the sales then taking place over a period of 5 years, such was the confidence in this commodity to deliver it’s long term gains and profits for them. If this is good enough decision making on a strategic basis for them, this tells you that the long term investment for gold bodes well for you also.

Gold scrap supply is influenced by many factors, the most important of these perhaps being price and price volatility, however recessions and periods of economic distress have also had an impact. To demonstrate, one of the most dramatic examples was when Korea was pushed into recession during the 1998 Asian currency crisis, it’s scrap supply increased by almost 200 tonnes as the government then bought gold from the local populace in exchange for won denominated bonds. It then went on to sell the gold upon the international market in order to raise enough dollars currency to avoid defaulting on it’s external debt.

In summary, a U.S. recession does not have any negative implications for the gold price thanks to the unique drivers of gold demand and supply. The only element of gold demand that could be affected by a recession is investment demand, but that in turn will also depend to a large part on the actual ‘type’ of recession. So far, the brewing recession has been positive for gold investment purposes as it has been accompanied by a rise in inflation and a falling dollar, which has boosted the demand for gold as a dollar and inflation hedge.

Did you know though, that everyday individuals, just like you and me can buy pure gold bars, gold nuggets, even gold bullion, gold ingots, 999.9 gold and 1oz gold bars very quickly and easily over the internet and online from highly reputable and totally trustworthy sources?

Would it surprise you even more if I told you that some of the best deals that you can get online for buying pure gold bars, can be found on your old favorite marketplace of all time in our modern age - Ebay? Astonishing isn’t it?

The answer though is Yes You Can!

Someone, just like you can buy pure gold bars and find them for sale, right now on eBay. And with eBay’s Positive Feedback Trader Rating system, there really is no reason for you to be afraid of buying from upon this marketplace.

Invest in gold for your own future and the future of your family today! Here we provide you with the: Top 3 Reasons To Buy Gold … pure gold bars, gold nuggets, gold bullion and gold ingots for investment purposes or just for the joy of owning this most valuable commodity known to man.

Gold is an independent asset, it moves quite independently from the economic cycle. It’s really not too hard to understand this since one must consider the sheer diversity of it’s supply and demand base, this is afterall, the penultimate determining factor of price movements in the market place.

Commodities tend to typically fall during economic recessions, since the raw materials used in the production of non essential goods and services declines. However, the demand for gold, in comparison to other commodities is actually quite small. In 2007 just 14% of gold demand came from the industrial sector which was mostly, electronics. This is in great contrast to base metals and even other precious metals where the greater demand comes from industry. The upside of this is that gold is not so susceptible to the vagaries of the general economic market conditions. With that being said however, the demand for gold in electronics is likely to fall if the overall economy does in fact fall into a full blown recession, as consumer spending on electronics naturally falls with it.

Recession in the US would without a doubt have some negative implications for the gold jewelry demand in North America, as consumer spending slowed down.  Added to this point, gold is actually much less vulnerable than other jewelry materials, such as diamonds or platinum to a US recession as far greater demand for gold comes from outside of North America - 70% of diamond jewelery demand comes from the US, compare this with just 10% for gold.

The final source of demand that comes from investors themselves, people like you and me. Investors buy gold for a huge number of reasons. One of the chief reasons amongst these are gold’s inflation and dollar hedging properties, both of which factors have been proven for a very long period of time. How a recession affects investment demand would depend, in part, on how inflation and the dollar react.

The upcoming and brewing recession has so far been rather positive for gold on both fronts. The dollar has continued it’s downward slide, while inflation has unusually enough, headed higher. U.S. consumer prices increased at an annual rate of 4% in February (08), up from 2.4% just a year earlier. If trends continue as they are, investment demand for gold as an inflation and dollar hedge is very likely to remain strong. And if the recession does deepen it’s affects amid concern over the health of the U.S. backing sector, the demand for gold as a safe haven asset is also likely to remain most robust.

What does this mean for you? Gold is right now, one of the most solid investments that you could consider making, is the message in a nutshell.

If we look at the supply side, there are three main sources, 1/ Mine production. 2/ Official sector sales and 3/ Scrap or recycled gold. Mine production by far is the biggest element from these three. This accounts for a full 70% of total supply in the last year. This upward trend in mine supply of gold production that was by way of example underway in the 1980’s was not stopped by the 1990 recession. The U.S. economy suffered an outright contraction, while world GDP growth slowed to 1.6% from 2.9% the previous year. Nor was the downtrend in mining output that began in 2001 reversed by the sharp acceleration in world growth that followed.