With Gold prices as they are now at 1600 US$ or 1300 Euro per
ounce (2012), all you need to recover to make 100 US$ per day is 1/16th of an ounce or 1.77 grams – the American 1 cent & the European 1 cent coin each weigh approx 2.5 grams, if you were to recover 1 cents weight of gold every day you would be making almost 200 dollars per day.
As a result many gold mines and gold bearing localities that were seen as being economically unsound are now becoming viable again. This also includes gold prospecting once again becoming viable as a full time job.
Not to mention the fact that many experts are expecting the gold price to continue rising, thereby increasing the amount you could earn per day. Gold is also used nowadays in many electronic devices for its high conductivity of electricity so it is used on a daily basis and its demand will therefore increase further, high demand = high prices.
Whereas a couple of years ago it would have been almost impossible to make a living sluicing or panning for gold, in a few months to a year that could all change very quickly, especially with so many skilled workers from all industries losing their jobs due to the economic downturn.
On this website i will teach you how to start out with gold prospecting, from the old timers tricks of the trade, to using state of the art tools to find previously untapped sources of gold. I have been prospecting as a hobbyist for the past 25 years and in more recent times i have turned it into a full time job as i lost my job in the construction industry and soon found i could make quite a bit of money off my one-time hobby.
You will find all of your gold prospecting equipment, supplies & tools on this website, as well as a prospecting forums, prospecting methods, techniques & tips. Whether you’re prospecting for gold in Arizona, California, Colorado, Wa, Queensland, NSW or anywhere else in the world, its irrelevant, this is a global gold rush, and you’ve come to the right place – GoldProspectingOnline.com .
Gold Prospecting Knowledge
As with all pursuits you must gain theoretical knowledge before going out into a real world situation.
If you would like to continue reading you can learn the following -