Gold and Silver Prices Signal the Destruction of the Dollar

Gold and silver is the only way to test the strength of the currency. The dollar is weakening against other currencies but when compared against the price of precious metals and raw materials we can see THE THE TRUE VALUE OF A US FEDERAL RESERVE NOTE. Watch the video and feel it.

source: www.youtube.com/watch?v=doSpeRyBHw8

GOLD in architecture

Did you know that religious building such as mosque do have a GOLD material? Man will spend a lot to make the their religious monuments and buildings look glorious and beautiful. Some people might think its kind of waste but it is the way how they show their appreciation to the CREATOR. For this posting, i show several mosques that have a GOLD in their domes and minarets structure.

1. Mosque of Sultan Omar Ali Saifuddin in Brunei

This mosque was opened to public since 1958. The domes are made with 24 carat gold. It was believed that the cost for this mosque almost USD 5 millions.

2. Mosque of Al-Askari in Samarra, Iraq

It was built since 944 M and was known as Shiah moqsue. However the dome of this mosque was bombed by US in February 2006 during the invasion in Iraq.

3. Mosque of Qubbah As Sakhrah/Dome of the Rock in Jerusalam, Palestine

This moqsue also known as dome of the rock. It was built by Abdul Malik bin Mirwan in 690M. Later the development of Al-aqsa mosque continued and officially finished on 710M.

4. Mosque of Suneri in Lahore, Pakistan

This mosque have 3 domes that have gold plated on it which at the main dome, left side and right side of domes. It was built by Nawab Syed Bhikari Khan in 1753.

5. Mosque of Sultan in Singapore

In 1928, the mosque was renovated in little india area from old domes to the gold domes. It was donated by British East India Company around 3000 singapore dollars.

6. Mosque of Dian Al Mahri in Depok, Indonesia

This mosque located in Java West and start built in 1999. It was officially use in April 2006. All the domes was made with 24 carat gold. It was belong to the individual people name Hajjah Dian Djurian Maimun Al-Rasyid.

p/s: i wish i can visit all these great places

Recycle your GOLD from computers?

In IT industries especially for computer used a number of gold in their components. You can see through the CPU mainboard or MOBO. However, do we realize how many computers are dumped away since 20 years? Some might seen this as an opportunity in recycle business. Computer industries are moving faster and faster. Yet, the usage and demand of user are increasing and it may contribute towards MODERN waste. To make it useful than wasted, you need to recycle gold from the CPU components. But how? Read instructions below....

1.Open your CPU casing

When open your CPU casing, you can see the motherboard with processor, components like graphic card, ram, hardisk drive, power supply etc. Pull out all this component and divide it by part. For laptops, maybe a bit difficult but still you can try.

2. Separate into pieces

Please ensure you separate the CPU parts into different bin. For instance rams and graphic card should be put differently. Most computer recycling might ask you to separate metal and plastic components. Beside recycle the gold component, you are advisable to recycle the rest of component part. This will make your recycle work much easier by divide it.

3. Collect the scrap in volume

Before you recycle it, better collect as many units as you can. You can get a better price with more volume of CPU components. From the research done by EOEarth, 1 metric ton of electronic scrap from CPU contains more GOLD than recovered from 17 metric ton of gold ore. So one computers would not advisable if you plan to make money with recycle. The more old computer, the more money you will get.

p/s: this might be one of my business opportunities :)

source: www.ehow.com

How they GOLD mining?

How the modern world mining the minerals such as gold? Previously, ancient civilization generally mint along the side of river. From the research and information, they have 2 kinds of method that majorly used for large mining. The methods are surface mining and underground mining.

Surface mining

Surface mining like open pits from the above image are appropriate for large tonnage near surface deposits. The level floor of the pit is around 30 foot benches lower. This method using explosion through blasthole drill holes to remove big rocks. After blasting, the broken rock is leave as mark by the geologists either ore or waste. In addition, if the mill combine with other types of ore or if higher grade mill and lower grade ore is produced, the truck drivers may have a possibilities destination to bring out the broken rock.

The truck that use to load minerals with large rocks

Underground mining: 3 types of method
1.Block caving

Block caving is the lowest cost per ton underground mining method. It only require substantial upfront development costs as large excavations must be made to "undermine" the block that is to cave, and large milling infrastructure must be established to handle the big ore tonnages that a successful cave will generate. After the ore block is undermined, the ore block is fractured over time by gravity and the pieces fall down the finger raise. The size of the pieces passing to the chutes for loading is controlled by heavy duty sieves or "grizzlys" on the grizzly level.

2.Long hole stamping

This long hole stamping mining method is very popular, and is almost the underground analogy to the advances achieved in mechanising a large open pit. This method is productive and has low costs because the large blocks of ore can be identified in hard rock. Besides, it have the safety method where the loader is operate by a radio control as a remote away to an ore pass. Normally, a loader will pick up the broken ore manually but with radio control, it could avoid the risk of their workers.

3.Cut and fill

This cut and fill method is usually applied in large ore zones. However in narrow ore zones, it can very labour intensive with a negative impact on cost per ton. Because the higher costs, this method require higher grade ore than for long hole stoping. This method can be carried out in an underhand configuration towards weak ore zone. The advantage of cut and fill is the miners are working under a roof of cemented fill, which also for safety reason.

source: www.trustingold.com

GOLD use in medicine?

Gold is commonly used for jewellery and some for industrial uses. Today gold is seen as the potential of investment. From the ancient civilizations, people use gold and silver as trading for items. In modern world, people use paper money to buy and sell. However, do you know that gold is also used in medicine?

I bet not many of us aware that gold is used for medicine purpose as well. Historian believes that gold has been used in medicine since the ancient times. For many centuries, gold are commonly used in medicine for the treatment of various diseases in many culture and countries. Many diseases such as smallpox, measles and skin ulcers were treated with the ancient china medicine that mixture with gold. Even in the south, the gold is widely used in medicines for various treatments.

GOLD for ayuverdic ancient medicine

In India, it has been in use for many centuries in their ayurvedic medicines. Ayurvedic is an ancient form of medicine in India, used for many treatments. Believe it or not, a large quantity of gold is used in these ayurvedic medicines every year.

GOLD for cancer treatment

Besides ayurvedic, gold is also very beneficial in the treatment of cancer. Biologist and scientist are now researching to make treatment medicines that have mixture with gold. They are researching to develop gold-based treatments for cancer. It has said to be used in chemotherapy and also in the treatment of prostate cancer.

GOLD for pregnancy test

In the other hand, gold also has been use for clinical purpose in the pregnancy testing. A rapid test is a test for pregnancy that contains colloidal gold in it. It is a very inexpensive test kit and is very convenient. Over 99% of pregnancy test results are accurate based on above product.

GOLD for rheumatoid arthritis

Gold has been in use for the treatment of rheumatoid arthritis since 1927. It has been very effective in reducing stiffness as well as the pain. It was one of the first drugs to demonstrate retardation of radiographic damage. Nevertheless for the last 20 years, injectable gold has moved from being first-line treatment to at least fourth. This medical methods often requires therapeutic trials of up to six months.

GOLD for implants

In previous artificial implants, people cannot undergo the operation because the material may cause infections from bacteria and other foreign elements. As a result, they are forced to remove the implant and live the life of a handicap. But in modern world, researches have proved that gold has the quality that resistant to bacteria. Therefore, it is a next step in the medical world.

GOLD for virus HIV

This info might be ridiculous but researchers are searching and studying that gold can be a medium of protection to the immune system against HIV. Modern medicine has started taking benefits from the ancient methods and ways of treatments. It is believe that ancient Chinese used gold sprinkles in their drinks because of its healing and healthy properties.

p/s: for every illness, there is a cure

Gold Commodity Research Report

As we know, gold is the most widely used metal especially in jewelry industry. According to the Gold Fundamental Commodity Analysis gold is consider as a "Hold" because the demand and supply of gold have a low potential to increase in value. Their analysis shows gold can be a short term investment. In other hand, Gold Value Investor Survey said gold can be seen as long term investment. The reason was the long term growth potential of gold is due to difficulties to expand in short term and many SWOT analysis strength.

What is SWOT analysis? SWOT analysis is a strategic planning method used to evaluate the Strength, Weakness, Opportunity and Thread/Limitation in order to achieve the objectives of PLAN. Based on gold SWOT analysis:

• Strength: Gold has a large amount and diverse growth in the market
• Weakness: If the price cost of gold is too high, the consumer might substitute other metals for gold. (Silver)
• Opportunity: Gold acts as an inflation hedge investment
• Threat: The unstable prices of gold may reduce the popularity of gold
  

From Gold Trade Analysis, their views that gold should stay at the same price over the short term. A moderately favorable investor survey means gold may increase in price over the long term.

p/s: SWOT analysis may appropriate for some of the objectives...

source: www.wikiwealth.com

GOLD mines all over the world

Have you ever seen gold mines in front of your eyes? How about pure gold from mines without finishing? These picture shows a few gold mines all over the country. Gold which carried out from mine are mixed up with sand, silt and other minerals. Therefore the gold miner clean it first before selling to buyers. This are the real shape of your GOLD before turning into bullions, jewelry, and bar.

1) Harris Property

2) Black Canyon Property

3) Hoffman Property

4) Colombia Property

12 pounds (144 troy ounces) for one week of production


1 week production from the Hojas de Maiz Gold mine by Australasia Mining Co.

p/s: gold powder is kinda interest

The priceless of GOLD?

Natural source of gold before mining?

Firstly, you might think this is a pure gold between rocks before mining. The answer is wrong. This mineral is not a gold but very similar to GOLD. That is why the word "fool's gold" is there. These mineral exactly look like a shiny and precious metal gold but is not. What the heck is this thing?

This mineral is called Iron Pyrites, or scientifically known as Iron Sulphide (FeS2). It has a same gold colour and physically alike. The other name for this mineral is "Nordic Gold" or "Fools Gold". This mineral can fool you if you have no knowledge about GOLD. How to differentiate these two minerals?

• Streak of mineral is different. Streak is refers to the color of a mineral's powder.It can be tested by rubbing the mineral on the hard white porcelain surface. Gold streak is in yellowish colour while "fools gold" is in black.
• The hardness of material. Gold has a hardness of 2 1/2 to 3 refer to "Mohs scale". The hardness is as same as a human's finger nail. However fools gold has a hardness of 6 to 6 1/2 which mean as hard as a typical knife blade

Note: Mohs scale is the measurement that use to categorize type of minerals through hardness. The lowest Mohs scale is 0 known as liquid and the highest is diamond 10.

The piracy of gold and silver is everywhere as people are start seeing as a potential in investment. Hopefully, these simple knowledge may contribute to the society as well as awareness. Collector should concern these before selling to others.

Seriously genius - Gold test

Do you know how to check either your gold and silver is pure or fake? A long time ago, people used their teeth to check the purity of the metal. In our modern time, people use a machine gold test which have a weight scale and a container filled up with acid. Below is the standard process which bank or gold shop use to convince the purity and weight.

Modern typical gold test machine

A brilliant company named "The Fisch" have invented their products which can detect the originality of your gold and silver metal. Basically, fake metal have different scale and weight. It looks alike but the comparison is too small. If experts, they will realize a fake one or vice versa. But people like us did not help too much. So "The Fisch" will save us from being scammed by "scumbag". See how The Fisch works.....

Function of The Fisch

FIRST: Coin identification; fine gold or platinum content in troy ounces and grams, fineness.

SECOND: Slot checks the maximum diameter and thickness

THIRD: Fulcrum checks the minimum weight. The Fisch tips slightly below the manufactured weight to allow for acceptable wear

FINAL: Recess checks the shape and locates the coin for the weight check

P/s: How about the DINAR and DIRHAM coins? Would love to buy if the price below 1g gold price :)

Source: www.fisch.co.za

The biggest GOLD coin in the world

Can you imagine if you owned a 100kg gold in one shape? According to Reuters source, a spanish precious metals trading company bought the world's largest gold coin for 3.27 million euros equal to USD 4.02 million. This "OMG" gold is the Canadian Maple Leaf coins $1,000,000 produced by the Royal Canadian Mint.

Interesting info that the diameter of gold coin is around 53cm (21 inches) and have 3cm thickness. The purity is 99.999 percent which mean the purest type in the market. As an official record, the Guinness Book of Records claim the world biggest gold coin in the world. Previously, the records was held by Austrian mint in 2004 which produce 15 pieces of 100,000 euro coins weighing 1000 troy ounces (31.1 kg).

P/s : My canadian maple leaf only weigh of 1/2 oz (15.5g)..hopefully will achieve 100kg in my dreams :D

Source: Reuters

Silver – the next stop of investment

Gold as we concern are stronger as the price increasing drastically. The industry of gold basically is focusing more on jewelry, electricity, motherboard and some component in technology part. The demand of gold are quite outnumber which make the price even higher. However, silver are seen to be the next BOOM in the market. Why the silver makes people more interest than gold?

As we all realize, silver material are used a lot in industry. In 1900 there were 12 billion ounces of silver in the world. But today, the figure has decrease to 1 billion ounces in above ground refined silver. This is happen due to high demand of silver in industry such as global photography, technology, medical, defense and electronics industries. Do you realize that most of our gadget such as mobile phone, camera, laptop, mp3 device, PC component is part of silver material?

The price of silver is at less than $17/oz today. Meanwhile in 1979 and 1980, the actual silver price increase to $21.80/oz and $16.39/oz. In today's USD dollars and adjusted for inflation which may contribute to an inflation adjusted average price to $60/oz and $44/oz in 1979 and 1980. As a result, silver will be one of the commodities item that people seek for the next stop of investment. Better start than never :)

The powerless of money

Do you still remember this old money ? If your hobby is collecting coins, you could have a few old coins and notes. The older the coins, the more historical value it could be. Nevertheless, do you think this value of paper note are valid until nowadays? The answer is NO.

Why these paper note are no valid? Because it was created by the government or rulers during that time which are falling due to war, invasion, bankruptcy etc. People are suffering because they do not have something value to buy food and necessities. Can this tragedy happen to our time as well? It could be happen in any time. As a result, the notes are becoming as same as "toilet paper" because the values are not valid.

Some of the country are facing the situation of hyper-inflation. The example of country that suffering are the state of Zimbabwe. Their money becoming less and less value. For instance, RM10 note are equal value to 10 cents. The government of Zimbabwe cannot do anything, the only way they have is to copy out more notes to save the states. But is this the best solution? There is no other way unless the state have their own reservation such as gold, silver, oil etc.

The picture shows a 100 billion dollars note can buy 3 eggs


The Zimbabwe currency value for 1 note of 10 US dollars


You need piles of note if having a dinner or lunch in a restaurant

How are we going to against this hyperinflation? Gold is the only material which are not affected with inflation. The price of gold are still maintain until now. Since the prophet Muhammad (PBUH) time, the price of a goat is 1 dinar. What is Dinar?

Dinar is a standard measure value of unit that used for trading, buying, selling and so forth. 1 Dinar is equal to 4.25 grams of weight and the purity of 916. 1 Dinar can bought a normal size of goat during the time of prophet Muhammad. Until now, 1 Dinar is also a same price of 1 normal goat. The price of 1 dinar according to the price of spot gold now is RM592. The value of gold are still on the same track over centuries. If u keep your note RM600 in a bank, do you think you can still afford to buy a goat for the next 10 years?