Panning For Gold

Have you ever ask yourself why a huge number of folks have gold and silver fever?  Perhaps it’s because they realize that our government has too much debt and it’s getting more and more difficult to pay it off.  Not only that, but inflation is high while the various world currencies are losing value on a daily basis.  Debt is so massive that it’s nearly impossible to expect payment in many circumstances.  Today, banks must have huge amount of money in order to remain competitive.  And yes, you too must have more money today to survive that you did five years ago, because of inflationary prices.  How do you cover yourself against inflation?  The answer is simply – you do so with gold and silver.  There are many reasons to own gold, but most importantly:

1. You protect your purchasing power as inflation rise with gold or silver

2. You are protected if and when banks collapse

3. You are protected when currencies are devaluated

4.  You will be better protected if there is an economic crisis in other developed nations

5. You are protected against any outrageous actions by our government or  if it stop printing paper money

6. Owning gold and silver is trendy today and less risky than paper money.

Perhaps these are the reasons that so many have now taking up the hobby of panning for gold in the state of California.  Go north to south and you will find individuals panning for gold because as the story goes, the state of California contains 70% as much gold today as it did one hundred fifty years ago.  Moreover, this year is said to be especially good for finding gold because of all the heavy rains last winter.  In many instances, the rain waters dislodged trees and boulders – some releasing pockets of the precious mineral.  However, if you should decide to try gold panning it is suggested that you first check with the local Forest Service and then bring along a friend who is experienced; if not, take panning lessons because the task is said to require a lot of finesse.