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“How NOT to be a victim of gold scams” Part TwoThe first part was to give some background in the realities of the industry, to help dispel what get rich forecasters say. The deeper I went... well... rabbit holes go deep. Armstrong, like many frauds of economics loves talking about gold. How to invest and make money in it. From the first post, there is no way a outsider investing in the stock market, will make more than those working in the industry. This part is to address specific gold predictions by Martin Armstrong... and how disconnected from reality...

In a press announcement issued by the Studio ESSECI press office, authorities have discovered lost pieces of the Golden Tree of Lucignano, a grandiose reliquary created by the famous Sienese goldsmith, Gabriello d'Antonio.The reliquary is considered one of the finest masterpieces of Italian goldsmithing, which is a morphological tripartition (roots, trunk, foliage) and contains the metaphor of the life of Christ in the three different phases: origin, passion, and glory.Measuring 2.70 metres in height, it was created in two stages between 1350 and 1471 from gilded copper, silver and enamel, and features branches decorated with coral, crystals and miniatures on...

A study published in the journal Prehistory Works, indicates that two objects sampled from the Villena Treasure were smithed using meteoric iron...The Villena Treasure is one of the most important Bronze Age hoard finds in the Iberian Peninsula, discovered by José María Soler in 1963 in Villena, Spain. Archaeologists uncovered a collection of bowls, bottles, and bracelets, which were ornately crafted from gold, silver, iron and amber.Iron was considered a precious metal before the advent of iron smelting, where meteoric iron was the only source of iron metal used to make jewellery, tools, and weapons during the Bronze Age.Iron sourced...

The detectorists were conducting a survey to find relics from WW2, in particular, traces of the Battle of Szczec, fought between the Soviet Red Army and the Wehrmacht...According to a press announcement by PAP, Detectorists from the Szczecin Search Group Association have found 70 coins deposited in a heavily corroded metal can buried at a depth of approximately 15 to 20 cm’s. The total discovery has been estimated to be worth 100,000 zloty, which is over 24,000 US dollars based on current conversion rates.A preliminary study of the coins has already identified a Liberty Head double eagle, also known as...

How not to be a Victim of Gold Scams.I have seen a lot of posts made by people who claim to be representatives of small gold mining operations, or a group of miners or mandates of someone selling gold. When I come across these posts I try to expose them for what they are, obvious attempts to scam people.Sadly, gold fever causes people to set aside all reason, specially when the potential profits are in the millions of dollars. Brokers who are trying to operate large transactions on the dream that they will be worth millions often get caught up...

The CK Gold Project is on a fast track to complete state permitting and start mining land near Curt Gowdy State Park for what it believes is 1 million ounces of Wyoming gold. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Technicians with Buckley Powder Co., a Cheyenne-based explosives service company that blasts rock in quarries, helped perform seismic tests on land near Curt Gowdy State Park that U.S. Gold Corp. wants to mine for gold and copper. The technicians just loaded a 50-foot hole with explosives and are preparing for a test they performed in 2022. (Courtesy U.S. Gold Corp.) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Mining expert George Bee was...

An international team of chemists has set a new world record for tying the world’s smallest knot, which they say consists of only 54 atoms. Remarkably, researchers involved with the achievement say it happened by accident, and are unable to account for how it occurred. Chemists Zhiwen Li, Jingjing Zhang, Gao Li with the Chinese Academy of Sciences’ Dalian Institute of Chemical Physics, and research colleague Richard J. Puddephatt with the University of Western Ontario, Canada, were attempting an entirely different process in the lab when the record breaking discovery was made. Their achievement is described in a study that...

Guest Boyd Anderson, a professional hockey player who scored 5 goals in 3 min .07 seconds ended up in the room with the people planning the disappearance of Malaysian Flight 370. Patents, Gold and the grand deception for the New World Order.

An object uncovered by archaeologists in Norfolk, England, is “completely unlike” anything else ever discovered, experts said Monday. The tiny 19.4 mm (o.7 inch) object is a gilded silver relic, adorned with intricate designs appearing to show an animal looking over its shoulder, according to The Telegraph. The piece is believed to be at least 1,200 years old and archaeologists reportedly can’t determine the purpose of the mysterious object. Detectorists found the piece in a crumpled condition, but it appears to be a round object with shallow sides, making it somewhat dish-shaped. “It was made by someone with a real...

I once asked my grandchildren, “What were the first Christmas gifts?” And one of them showed she was on the right track….up to a point. The answer she gave was, “The first Christmas gifts were given by the wise men, and they gave to the Baby Jesus, ‘Gold, Frankenstein, and myrrh.’” Out of the mouth of babes.

More than eight years after a South Carolina couple was brutally killed in their home on Halloween night alongside their elderly mothers, one of the family members who gave a slew of tearful media interviews mourning the victims has just been charged with the crime. Anderson County Sheriff Chad McBride announced the jaw-dropping conclusion of the case on Friday, telling reporters that Amy Vilardi and her husband, Rosmore “Ross” Vilardi, had been taken into custody and charged with the murders of Amy’s mother, Cathy Scott, 60; Cathy’s husband, Michael Scott, 59; Michael’s mother, Barbara Scott, 80; and Cathy’s mother, Violet...

A new type of gold fever has hit the retail market as Costco can’t keep enough of the precious metal on its digital shelves. Costco started selling gold bars to its North American customers earlier this year, and according to the retailer’s third quarter earnings, the move is paying off. In the company’s earnings call on Thursday, CFO Richard Galanti said that Costco sold $100 million in one-ounce gold bars between July and September. According to media reports, during the call Galanti was asked what consumer trends Costco was seeing this holiday season; he answered: "They're buying gold." In 2020,...

Went up a few percent in 6 hours. I suppose it's "only" 3 percent and the end result is just recovering back to where it was a week ago. Still the upward spike seems unusual.

Central banks are set to surpass 1,000 tons of gold purchases for the second consecutive year, aiming to reach levels not seen since 2010. This surge in buying suggests a potential return to a bullish gold market. Adding to the optimism, gold futures are experiencing the steepest contango since the 1980s, indicating growing interest and potential support for a sustained uptrend in gold prices. The significant increase in central bank gold purchases underscores a renewed confidence in the precious metal as a store of value and a hedge against economic uncertainties. Investors are closely watching these developments, considering the historical...

A "very rare" ancient gold coin found recently in the mountains of central Norway could be lost cash that once belonged to an early monarch, according to Norwegian officials. The gold coin was discovered by a metal detectorist in Vestre Slidre, a rural city known for skiing, in Norway's south-central Innlandet County. Technically called "histamenon nomisma," the coin was first introduced around 960 C.E. and used as standard Byzantine currency, the Innlandet County Municipality said in a news release. That means the artifact would have traveled more than 1,600 miles from its origin site to the spot where it was...

Several gold bars discovered by federal agents in Democratic New Jersey Sen. Bob Menendez's residence as part of a high-profile bribery investigation can be traced to a violent robbery a decade ago. According to a sprawling indictment unsealed by federal prosecutors in September, Menendez and his wife allegedly played a role in a years-long bribery scheme that involved the Egyptian government and local businessmen including Fred Daibes, a wealthy New Jersey real estate developer. Prosecutors revealed they retrieved multiple gold bars from Menendez's home which were allegedly used as payment in the scheme. At least four of the gold bars...

Gold prices notched a record high for a second day in a row Monday — but the global rush for bullion is not about to stop anytime soon. Gold prices are on course to hit fresh highs next year and are expected to remain above $2,000 levels, buoyed by geopolitical uncertainty, a likely weaker U.S. dollar and possible interest rate cuts. Prices of the yellow metal have risen for two consecutive months with the Israel-Palestinian conflict boosting demand for the safe-haven asset, while expectations of interest rate cuts have provided further support. “We believe the main factors buoying gold in...

This chart tracks Gold vs Bitcoin performance from a $1 investment on 6 Oct 2009 when Bitcoin first had a market price.I humbly dedicate this chart to @PeterSchiff in honour of his tireless promotion of Bitcoin to his audience of gold bugs, we are forever grateful. In it for less than 14.1 Years? Here ya go... BTC PriceGold PriceTodays value from $1 investedBuy 1 yr ago$20930$1674Bitcoin: $1.67 | Gold: $1.19Buy 2 yrs ago$61490$1802Bitcoin: $0.57 | Gold: $1.10Buy 3 yrs ago$15550$1941Bitcoin: $2.25 | Gold: $1.02Buy 4 yrs ago$9357$1486Bitcoin: $3.74 | Gold: $1.34Buy 5 yrs ago$6455$1232Bitcoin: $5.43 | Gold: $1.61Buy 6 yrs...

Colombia is hoping to expedite its mission to recover a three-century-old sunken treasure worth as much as $20 billion as the ownership of the fortune lies in legal limbo amid an ongoing court battle. President Gustavo Petro ordered his administration to exhume the “Holy Grail of shipwrecks” — the Spanish galleon San José — from the floor of the Caribbean Sea as soon as possible, the country’s minister of culture told Bloomberg last week. Petro wants to bring the 62-gun, three-masted ship to the surface before his term is up in 2026 and has requested a public-private partnership be formed...

(Kitco News) - HSBC Holdings Plc, one of the world’s top bullion banks, has announced the launch of a platform that utilizes distributed ledger technology (DLT) to tokenize the ownership of gold held in its London vault as it looks to help usher in the digital age for the London gold market.According to a report from Bloomberg, the new system creates digital tokens representing gold bars, which can then be traded through the bank’s single-dealer platform. This approach “generates a permissioned digital representation of clients’ physical gold holdings,” said Mark Williamson, global head of FX and commodities partnerships and proposition...