This year has not been the best as far as the alt coins are concerned as we all know. It has been pretty disappointing, but I'm still holding out hope. However, for those of us who enjoy stacking precious metals, it's been a very good year. Gold is hitting new all time highs at around $3,565 per Troy ounce, up more than 40% on the year so far.
businessinsider.com
Silver hasn't been bad either hitting $41.25 earlier today, a few years ago it was around $15 per Troy ounce! Precious metals are a great place to invest!
Now for today's star of the show... This is not something I own but I sure wish I did! This is a 4.5 Troy ounce crystalline gold specimen that someone has removed from it's surrounding quartz matrix. Many times in nature gold nuggets form inside of quartz crystal veins which is considered gold ore. The quartz was dissolved away from around this beautiful California gold specimen. Not only is it huge, it gorgeous!
This was on sale on eBay earlier today with an asking price of $24,000. It received no bids understandably. First off, you don't know how pure the gold is, but being a California nugget it's likely around 22 carat gold (91.6% pure) at current market prices it's worth about $14,700. Your premium would be $9,300 to own this beauty. More than I would pay, but there are collectors who would be willing to shell out that kind of cash for something rare like this.
Pictures from eBay.com
For those interesting in finding gold in the wild, that's going to fall under one of my prospecting posts. I'm putting a new one together for this next week, so stay tuned! I'll discuss strategies you can use to track down gold veins, it's not usually easy. I have found a couple in my years of prospecting, but none worth actually mining.
Now if you do have a nice gold specimen trapped in quartz I recommend leaving it alone. You can probably get more from a collector as is. But if you want to remove that quartz and get something like I shared here you can learn how in the video below:
https://youtu.be/YDfub_0h9FA?si=DVkETX26UGUO3MXB
I hope you enjoyed my post of the day today. I love gold nuggets, the bigger the better! That's one nice thing about living in California is you can head out into the mountains in the right spots and find gold! It's more work than buying it online, but it's more fun too! Please feel free to leave any comments or ask any questions below. And as always, thank you so much for all of your support, it truly is deeply appreciated. Have a great day everyone!
References:
https://markets.businessinsider.com/commodities/gold-price?op=1
Disclaimer
I am not a financial planner and this isn't financial advice. Please always do your own research before investing your money. You worked hard enough to earn it!
DUO Token
This is a token from the Hive Onboarding Committee (HOC). It offers curation, dividends, and a tipping bot for those who stake enough tokens. The overall purpose of the token is to stack enough HP to be able to assist the HOC in onboarding and retaining new members to Hive.
Please check out the white paper:
https://peakd.com/pimp/@hive-193566/duo-white-paper
You can find DUO for sale here:
https://tribaldex.com/trade/DUOhttps://hive-engine.com/trade/DUO
If you are interested in precious metals or even want to learn more about them feel free to come join us #silvergoldstackers
I'm a proud member of The Alliance Family!
The HOC focuses on onboarding and supporting new Hive members, hit us up on Discord
Want to earn some free HSBI? Stake CCD tokens and you can, I claim two a week from my CCD stake! Check out the details by clicking on the banner below.
