Showing posts with label gold prices. Show all posts
Showing posts with label gold prices. Show all posts

Monday, July 13, 2020

7/13/20 Report - Blue China Shipwreck. Gold Prices Increasing. Ancient Necklaces Made By Early Sea Shell Collectors.



Written by the TreasureGuide for the exclusive use of treasurebeachesreport.blogspot.com.

Site of BA02
Source: See link to Jacksonville "Blue China" Shipwreck below.

I found a good study of the "Blue China" wreck, which lies about 70 miles east/southeast of Jacksonville.  The study was conducted by Odyssey Marine Explorations and provides a lot of great information and photos.  Above is one illustration of the site.


Plates and Jars on the "Blue China" Wreck Site.
Source: Odyssey Marine Explorations Report (link below)


Source: See link below.


There is  a lot to see in this report.  Here is the link.


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Source: Kitco.com

Gold has been doing well.  As you can see from the above chart, the price has increased from just over $1400/oz. to over $1800/oz. in the last year.

After peaking back in 2011, it has almost reached those levels again recently.

Source: Kitco.com.


Silver, on the other hand, has not be doing so well.  Silver was nearly $50/oz. back in 2010, but is below $20/oz. today.

Source: Kitco.com.


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Picking up seashells has been a human habit for almost as long as there have been humans. Archaeologists found clam shells mingled with other artifacts in Israel’s Misliya Cave, buried in sediment layers dating from 240,000 to 160,000 years ago. The shells clearly weren’t the remains of Paleolithic seafood dinners; their battered condition meant they’d washed ashore after their former occupants had died....

Shell collectors at Misliya seemed to like mostly intact shells, and there’s no sign that they decorated or modified their finds. But 40,000 years later and 40km (25 miles) away, people at Qafzeh Cave seemed to prefer collecting clam shells with little holes near their tops. The holes were natural damage from scraping along the seafloor, but people used them to string the shells together to make jewelry or decorations. Tel-Aviv University archaeologist Daniella Bar-Yosef Mayer and her colleagues examined five shells from Qafzeh and found microscopic striations around the edges of the holes—marks that suggest the shells once hung on a string...

Here is the link to read more about that.


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No storms to be concerned about right now.

Happy hunting,
TreasureGuide@comcast.net

Thursday, April 23, 2020

4/23/20 Report - Beaches to Open. Prettiest Find In A While. Civil War Forks. Gold To Go Way Up. Automat.


Written by the TreasureGuide for the exclusive use of treasurebeachesreport.blogspot.com.

Loose Stone Found Yesterday.

Yesterday I found the loose stone shown above on the pavement.  All I saw at first was a bright sparkling in the sunlight.  I bent down to check It out and saw the small faceted stone.  It is the prettiest thing I've found for a while.

Back years ago I talked about eye-balling, and how to find lose gems.  I remember talking about the fellow that did quite well scouring the New York Diamond Center streets.

One good place to look for loose gems in in the frozen food departments at grocery stores.  It seems that the cold might make loose stones fall out.

Another good place is in the ladies section of department stores.  You can often find earring backings caught in the carpets around the racks and counters, especially in the corners under the ledges of the counters.

I took pride in my eye-balling skills in the old days, and did it constantly.  It kept me entertained when I went shopping with the wife.

In this blog I remember saying, more than once, "Keep looking down."

I'll have to get this one checked out.  It isn't large, but I think I can see a small inclusion, which is good.

Same Stone on Dime.

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Gaylen C. did some research on my knife and found several similar examples, usually listed as Civil War era, which matches the date range I was seeing in my brief research.

Three-Pronged Wood-Handle Civil War Era Forks
Submitted by Galen C.
Here is what Gaylen said.

There were quite a few offerings, some inlaid more or less than yours, but no exact match. Hope it helps in your research. Most described as civil war items.
I for one would miss this blog tremendously if it were gone. Don't think I've missed a day since I discovered it. Even tried, unsuccessfully, to make my way back to the first post to read them all. Hope you will be sharing your insights in one format or another for a long time to come. \

Submitted by Gaylen C.


Thanks Gaylen.

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I understand that Sarasota Beach is open.

Vero Beach is not open but Conn Boardwalk along the beach is open for oneway traffic.

I'm expecting other Treasure Coast beaches to open next week.

Here is what was reported in CBS news yesterday.

… St. Lucie County Communications Director Erick Gill tells CBS12 News the Treasure Coast counties are working together, eyeing limited beach reopenings similar to Jacksonville’s, but hoping to avoid the initial mad dash.
“We don’t want to be the first one to open up and then see the entire Treasure Coast congregate on 21 miles of beaches,” he said... 

… On Wednesday, the topic was front and center as Gov. Ron DeSantis convened four conference call meetings of his Re-Open Florida Task Force.
“Quite frankly, after the first night, it’s really thinned out,” said Jacksonville Mayor Lenny Curry, who shared with a Task Force working group how he reopened his city’s beaches this past weekend.

The beaches are only open for limited hours during the morning and evening for swimming and recreation — no sunbathing or gatherings yet.
The video and pictures of people turning out in droves the first day of the reopening raised concerns among many, but Mayor Curry said he believes people have kept their distance and it’s working...
For more of that article see

https://cbs12.com/news/local/sharper-focus-on-reopening-beaches-parks-eventually-restaurant-dining


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Bank of America says gold will reach $3000 per ounce in the next 18 months.

https://www.bloomberg.com/news/videos/2020-04-22/bank-of-america-says-gold-will-hit-3-000-an-ounce-video

That is more than $1200 over the present price.

Gold prices have been very volatile, often moving $20 to $40 a day.

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EMarketer says that while the pandemic is creating a major drag on the global economy, it's helping to accelerate the development and commercialization of emerging technologies that previously received only lukewarm support from the public or government. In an April report, the research company highlighted such technologies as drone delivery, worker robots, 5G connectivity and telemedicine.
"This is especially true for innovations that reduce human-to-human contact, automate processes and increase productivity amid social distancing," said the report.
Simplehuman seeks to make everyday life more efficient, according to Yang, creating touchless products for both the home and public spaces. Yang says the company has seen a surge in interest in items such as a touch-free, foam-sensor soap pump and a paper-towel holder that pulls the right amount with just one hand.


If you give the people a problem and a chance, they'll figure it out. That is how fortunes are made.

It actually reminds me of the automat that I saw in New York in 1964, I think. It was a bit of a tourist attraction back then.

It was a cafeteria like place where the food items were in boxes around the walls, and you just put in your coin and opened the door to get your item.



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Intolerance is a shackle restraining the intolerant.


NFL draft today.  Don't forget to tweet Boooo Goodell.

I think our beaches will open next week.

Happy hunting,
Treasureguide@comcast.net

Tuesday, August 27, 2019

8/27/19 Report - PSS-14 Mine Detector. Latest on Dorian. Gold Increasing. Evolution.


Written by the TreasureGuide for the exclusive use of treasurebeachesreport.blogspot.com.

PSS-14 Mine Detector.
Source: See Military.com link below. 

Before I talk about Dorian today, I wanted to show this mine detector, which is combines metal detection with ground penetrating radar.

The AN/PSS-14 revolutionizes landmine detection by combining ground penetrating radar (GPR) and highly sensitive metal detector (MD) technology using advanced data fusion algorithms. This unique combination enables the system to reliably and consistently detect anti-personnel (AP) and anti-tank (AT) mines and to reject the detection of metallic clutter, increasing operator confidence and efficiency.



In order to maximize operational effectiveness and efficiency, the AN/PSS-14 offers the highest probability of detection of any handheld system along with a minimal false alarm rate. The system maintains this level of performance across all environmental conditions and soil types, including those that are heavily mineralized...

Here is the link for more about the PSS-14 mine detector.

https://www.military.com/equipment/pss-14-mine-detector

As you probably know, beach metal detecting on the Treasure Coast pretty much began with WWII mine detectors.

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Now for Dorian.  Below is the cone from the 2 PM update.

Source: nhc.noaa.gov













The track is heading towards Florida, but you'll also notice that nowhere along the track does the National Hurricane Center show it as anything more than a tropical storm.

You can make too much out of that.  The track could change, as could the strength of the storm.

Looking, at the surf predictions for the Treasure Coast, at this point it looks like we could be a bump in the surf on Saturday.

Ro
Source: magicseaweed.com.

That doesn't look too exciting, but it is too early to tell for sure.

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About two weeks ago, I mentioned the increasing price of gold.  Since that time it has increased another forty or so dollars per ounce, now being around $1535 per ounce.

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I gave my opinions about evolution years ago in this blog, but now a renowned Yale scientist, David Gelerntner, discovered the fallacies of Darwinism.  Here is what Stream.org said about him.

This isn’t someone you’d expect to reject Darwin. He lives and works at the heart of the intellectual establishment. He’s a renowned computer scientist at Yale University — the New York Times called him a “rock star” — and served on the National Council on the Arts. He explained in a recent essay in the Claremont Review of Books why he no longer believes Charles Darwin’s theory of evolution. He makes similar points in a recent interview with the Hoover Institution’s Peter Robinson...

Gelerntner said, ... the incremental development of new species is largely not there. “Most species enter the evolutionary order fully formed and then depart unchanged.” Darwinism can’t explain that



Here is the link where you can read more about that.



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We'll keep watching Dorian.  It could change a lot in the next few days.

Happy hunting,
Treasureguide@comcast.net


Monday, August 12, 2019

8/12/19 Report - Mystery Item ID Self Test. Vermeil. Gold Prices. Hermit Gold-Panner Cabin.


Written by the Treasureguide for the exclusive use of treasurebeachesreport.blogspot.com.

Salvage Vessel Working Very Close To Treasure Coast Beach
Photo by DJ
Yesterday I posted a couple of finds from readers that need help with artifact identification.  I've received some thoughts on those ideas and will post what people think in a few days after more readers have a chance to send in their ideas.  All thoughts and opinions on the items I posted yesterday are much appreciated.  Sometimes there is no right answer - at least not that we can verify with 100% certainty.

Here are a couple artifacts to ID for fun.  See if you agree with the archaeologists.  What do you think they are?




First off, this illustrates one of the problems with trying to ID a piece from a photo.  The photo is two dimensional.   So I have to tell you that the are incuse.  They are carved into the stone.

Now do you know what it is?  The archaeologists say it is a stone mold for making metal letters.  Molten metal would be poured into the mold.

Here is another example.



Ok.  It looks like a bone, but what was it used for?

The archaeologists say it is a writing pen made of a bird bone.

Those items and more were uncovered during an archaeological investigation at Coventry's Drapers' Hall.

Here is the link to the article if you want to read more about that.
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Vermeil became popular in recent years.  It can be confusing if you use an acid test.

Vermeil is sterling silver with a gold plating of at least 2.5 microns thickness.  If it is marked, I think it will show a sterling silver or 925 mark, but if you acid test it and don't scratch deep enough, you might come up with a gold reading.  The gold plating must be 10K, but can be above that.  It is cheaper than gold with a gold look.

By the way, the price of gold has been going up.




The stock market has gone down a few days lately.  Some people are talking about how bad it is doing, but if you look at a ten year chart (below) the DOW is still near the ten year high.  I've been expecting a much bigger drop, but it hasn't happened yet.  It looks to me (an absolute idiot) like it is due.

010
Years 2010 - 2019
If it does take a big drop, you might expect gold to increase even more.


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The Forest Service restored the cabin of a hermit gold-panner.





...The lower Parrott cabin sits at the confluence of Nugget Creek and the Middle Fork Salmon River within the Frank Church-River of No Return Wilderness. The site is a regular stop off by river rafters floating the Middle Fork, where guides recount the story of “The Hermit of Impassable Canyon.”

Parrott spent 30 years living a solitary existence in the Middle Fork country panning for gold, hunting, trapping and growing his own fruits and vegetables. He died in 1944 and is buried in the Salmon cemetery...

Here is the link for that story and photo.

https://www.postregister.com/news/local/cabin-fever-forest-service-restores-old-hermit-s-historic-cabin/article_1a5b4196-8b88-5ee4-9798-b8808661e0bd.html

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Can you believe I've been doing this almost daily for over ten years?   What I could do if I only had some focus, discipline or perseverance.

I think some of you have been here with me almost as long.


Still nothing but a one-foot or less surf is predicted for the next several days, and there is nothing on the hurricane map.


Send your ideas on the mystery items posted yesterday.

Happy hunting,
Treasureguide@comcast.net

Friday, January 4, 2019

1/4/19 Report - Gold Trending Up. Rare Matching Pair Finds. Silver Dollar VAMs.


Written by the TreasureGuide for the exclusive use of treasurebeachesreport.blogspot.com.

While the stock market has been going through wild gyrations, the price of gold has been doing well.  Above is the 2018 chart.  The early days of 2019 have also seen increases.  

The up-trend in gold prices started back around the end of August and has continued through yesterday, when it closed at about $1298 US dollars per ounce.  Today however it is down again.  You never know what it is going to do.

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Some finds are rare for one reason or another.  Even though I used to target and find a lot of gold jewelry, I seldom found sets together.  There have been times though when I found a matching engagement and wedding ring.  On a few occasions I found a matching pair of ear rings.  I showed a diamond and pearl set before.

The one time that stick out in my memory when I found a matching engagement and wedding band together was in the shallow water beside a picnic area on a causeway in Pensacola.  They were only a couple feet apart.  They were the same size and design. They were gold and diamond, but fairly inexpensive.  I figured they just slipped off at the same time.  Maybe a little suntan lotion and a Frisbee or something was involved.  Who knows?  Anyway they ended up lost in the water in very close proximity.

Here is a more recent matching set found on a Treasure Coast beach.  14K with diamonds.  They were also found in shallow water very close together.  They make a more expensive set than the Pensacola set that I talked about.

Matching Engagement Ring and Wedding Band Set.

I always figured the matching earring finds were taken off together.  It is difficult to imagine a pair of those coming off at the same time.

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Older silver dollars are also rare finds for me.  I haven't found too many, and most of the ones I did find were found together in a cache.  After finding those and doing a little research I learned just a little about VAMs.

VAMs are cataloged varieties of Morgan or Peace dollar. For each year and mint, there are varieties that are identified by characteristics that may include any of the following:


    VAM silver dollars are cataloged using a system of numbers and letters that incorporate the “VAM” name. A normal Morgan dollar or Peace dollar is classified as a “VAM-1.” Subsequent VAM dollars are recognized as a VAM-2, VAM-3, VAM-4, and so on...

The Comprehensive Catalog and Encyclopedia of Morgan and Peace Dollars by Leroy C. Van Allen and A. George Mallis.

See https://coins.thefuntimesguide.com/vam-dollars/

"VAM" is a combination of the initials of the fellows (Van Allen and A. Mallis) that extensively studied and catalogued all the Morgan and Peace dollar mint varieties in The Comprehensive Catalog and Encyclopedia of Morgan and Peace Dollars.

Some VAMS are quite valuable.

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I added the 18th Century Material Culture Resource Center web site to my reference link list.  It is well worth browsing.

We'll have a few more days of calm surf on the Treasure Coast.

Happy hunting,
TreasureGuide@comcast.net

Thursday, February 9, 2017

2/9/17 Report - Skeletons of Colonists Being Dug Up In St. Augustine. Gold Reaches $1240 Per Oz. Full Moon and Comet This Weekend.


Written by the TreasureGuide for the exclusive use of treasurebeachesreport.blogspot.com.

I have a broad range of readers.  Some are very inexperienced.  Some haven't even bought their first detector.  And some have fifty years of experience and have made very significant archaeological discoveries.  That is one broad range indeed!  It is not easy to write something that is appropriate and interesting to both groups although it seems that generally speaking, I've managed.  I'd say it has been as much by accident as intent.  I just write what seems interesting or useful to me.  I find the basics useful because I often need to be reminded of some of the things I already knew.  It is easy to get sloppy and repeat the same old mistakes that I made when I just began detecting.

The most common questions I receive are the following.  I'm coming to Florida, so where should I go to find something good?  What detector should I get?  What are the detecting laws in Florida?  What are these things (iron flakes) that I found?  Those aren't my favorite questions but I can understand why they are asked, but I do appreciate all questions, comments and information.  Reader questions and comments help me tremendously.

I'm always trying to figure out how people respond to my posts.  I use two measures beside email comments.  Those are the number of hits and the number of Google Pluses received for each post.

The number of hits can be misleading because if a link gets posted somewhere else, that can really drive the hits up for that post.  For example, CNN posted once posted a link and that post got several thousands of hits.

There are thousands of posts in my blog.  I don't think some people realize that you can go back and read the posts made years ago, and they don't realize that you can do a keyword search.  There is a search box on the first page of the blog where you can enter your search words.

The read post of January was the 1/5/17 post, Cannon Found In River. Gems and Jewels. Wave Data Site.  Inca Emeralds.  7 Foot Surf Coming?

The most Google Plused Post of January was the 1/4/17 report, Miscellaneous Eye-balled Finds From Today.  FUN Conference. Escudo Gift. Bigger Surf Coming?

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Skeletons of early colonissts are being dug up in downtown St. Augustine.  The site could be the site of the first parish church in the United States.

Fiesta Mall on King and Chalotte Streets is the site of this dig.

Here is the link for more about that.

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Gold prices rose to $1240 per ounce in London on Wednesday, regaining almost half of their post-US election slump as Euro stock markets slipped and government bond prices rose amid fresh fears over the currency union's 2017 political outlook...

Here is the link for more about current bullion prices.

https://www.bullionvault.com/gold-news/gold-price-020820172

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Friday night a partial lumar eclipse will begin.  We will have a full moon this weekend.  Also a comet will be seen some places.

Here is a link if you want to find out more about that.

http://blog.spiritdaily.com/news-links/full-moon-and-comet

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I'm starting to wonder if we'll get any good winter storms this year.

Happy hunting,
TreasureGuide@comcast.net

Saturday, January 25, 2014

1/25/14 Report - Historic Survey of St. Lucie County, Gold Prices and Scatter Pattern of Santa Margarita


Written by the Treasureguide for the exclusive use of treasurebeachesreport.blogspot.com.



I'm not going to write much today, but I'm going to give you a lot to read.

Part of that is the 2003 survey of historic properties in St. Lucie County.

Thanks to Joan T. for giving me the link.

The survey gives a lot of history of the area and lists (many with photographs such as the one to the left here) many historic properties.

Often beach detectorists get spoiled.  They fall into the habit of going out to the beach and wandering around to see what they can find.  As a result many don't do any research.

There are different ways that research on the history of the area can come in handy.  One way is providing alternatives for detecting when the beaches aren't doing much.

This is a very extensive survey.  Although it does give some older history, many of the historic properties are 19th or 20th Century.  Still it makes for interesting reading, especially if you, like most detectorists, are into history.

Here is the link.

http://www.stlucieco.gov/pdfs/FinalReport.pdf

Note: it is a PDF file and will take a little while to load.

Here is another photo from the survey, just as one more example.


The price of gold has generally been increasing in 2014 after losing 28% in 2013.  So which way will it go?  Who knows?  Not me.  But momentum is currently with sellers so far this year.

Here is a link.

http://mail.aol.com/38306-111/aol-6/en-us/Lite/MsgRead.aspx?folder=NewMail&uid=28888340&seq=0&searchIn=none&searchQuery=&start=0&sort=received&sortDir=descending


Here is a scatter pattern of finds on the Santa Margarita wreck site from the Mel Fisher web site.

http://www.melfisher.com/Library/Chart0124_2014.html

Purple dots indicate silver.  Take a look.


Nothing much has changed at the beach yet.


Happy researching and happy hunting,
TreasureGuide@comcast.net