Adding Shine to Your Portfolio
December 2005 by Associated PressAs inflation fears grow, some advisers are steering their clients into precious or industrial metals as a way to add luster to portfolios.
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While most individual prospectors out there are searching for placer gold, there is a different type of prospecting being done by a handful of individuals—the search for commercially viable large-scale gold and silver deposits.
When he’s not searching for improvements on the track, the affable driver is prospecting for gold across the United States.
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At the well-known Rio Tinto copper district, Huelva, in southwestern Spain, large quantities of copper were found beneath a gossan of hematite at an average depth of 100 feet. The deposits were first mined during Roman times.
Gold was first discovered in South Carolina in 1827 in placer deposits near the Haile Mine, which later became the largest gold producer in the southeastern states. The Carolina belt is the most extensive and most productive...
Many miners who have hoarded their gold for years are now tempted by higher prices. Several friends with multiple pound nugget collections have sold them recently for cash.
The Bawl Mill • Pombo Bill to Provide Some Relief for Miners • Gemstones in Wyoming—Part I • Gateway Gold and Jerritt Canyon • The Koyukuk-Nolan Goldfields • Miners Come Out On Top in SREP v. USFS • Mining Stock Quotes and Mineral & Metal Prices • Melman on Gold & Silver • Looking Back • Company Notes • Picks & Pans: Nuggetshooting Around Cactus • Tales of California Gold Discoveries 4th in a Series—Pay Attention When You Dig