physical metal commanding timeless and universal intrinsic value. It is a rock of stability in a
chaotic world, a stark contrast to the complex web of mere promises to pay that is our modern faith-based
financial system. Without gold, true diversification and protection from systemic risk is impossible."
Adam Hamilton, Dec 26, 2008
| Since the beginning of mankind, gold is the single object that has influenced every aspect of our existence and outright survival. It has determined the rise and fall of hundreds of empires and is directly responsible for the establishment of today's world economy. It has always been sought for, always been worth something, and has never been worth nothing. In today's economy, gold is considered by the experts as one of the best and safest investments, period. |
 In Egypt, gold was considered the skin of the gods. During the earliest periods of Egyptian history, only kings were allowed to wear gold. |
 These mountains and the immediate surrounding area have produced hundreds of thousands of ounces of gold. |
Most of the gold recovered during early American mining history is gone. It has been melted and consumed by hundreds of millions of past and present Americans and been inserted into our economic infrastructure in uncountable measures. Emerging countries and growing economies around the world are easily outpacing what mining operations around the world can supply. The simple rules of supply and demand indicate that the price of gold will continue to rise as demand increases and supplies decrease. |
Of the world's largest and most demanding emerging economies, China and India pace this race for gold. In the February 2009 Business Standard report, it was reported that the demand for gold in India alone surged by 84% in the 4th Quarter. Stated reasons are that 71% of the increase was for jewelry, and 29% was for investment. There are no signs of this demand in India slowing down anytime soon. Chinese demand is exploding and will easily pass the demand coming out out of India. |
 India’s gold demand surged by 84% in the fourth quarter of 2008. See report here |
 China's gold buying triples as world demand tops $100 billion. February 2009, See full report here. |
China breezed past the United States to become the second biggest retail gold market in the world (India is the first). "To put that figure into perspective 363.3 tons, is equal to 10,596,250 troy ounces of gold, at today's gold price of approximately $900 US that is $9,536,625,000 US Dollars worth of gold. Mainland China gold demand, including gold jewelry and retail gold investment, reached 326 tons, an increase of 26 percent from 2006. This is the first time it has surpassed the 300 ton level. The gold jewelry demand in mainland China reached 302 tons in 2007, a year on year growth of 23.5 percent. Gold Jewelry and other ornaments have always been a form of savings in China since time immemorial." See the entire report here. | You can spend all day reading expert commentary concerning the demand on gold and dwindling world supply. Simply Google "gold demand". Although the estimates of experts range wildly (as high as $5,000 p/ounce), all agree that over the long term, the price of gold is going much higher than where it is today. You can save your money and buy a fixed weight of gold at the market price, or you can spend a fraction of that cost and purchase your own gold bearing property which may contain untold amounts of raw gold. Northwest Prospects provides the opportunity of a lifetime to add this truly affordable investment to your portfolio, gold. Click here or on the Own a Mining Claim link below to see how you can add some richness to your life. |  A chart showing the price of gold from 1995 to Nov 2009. |
"As recently as 2002, the private ownership of gold was prohibited in China. You could be jailed if caught with any in your possession. Beginning in 2009, in a stunning about-face, the central government removed all restrictions. In fact, as Mineweb and other sources report now it is actively pushing folks to buy some personal metal, with China’s Central Television, the main state-owned television company, running news programs cum infomercials, letting the public know just how easy it is to purchase gold and silver as an investment. | It truly is as simple as can be, because every bank sells gold and silver bullion bars in four different sizes to individuals. (Try to find the same the next time you make the trek down to Wells Fargo.) Mining companies are reportedly encouraging employees to convert some of their wages to gold on payday. Gold is traded in some form 24 hours a day. And paper proxies for the metal are also soaring in popularity. There are persistent rumors that the export of silver has already been banned. Gold could be next. Thus China, which only yesterday was the lowest per-capita consumer of gold in the world, is bidding to become the biggest. Some analysts believe it will pass India – the top dog since forever – as early as 2010. Clearly, the government believes the country is strengthened if everyone who can holds some hard currency. All this suggests a mania in the making, and only in the formative stage. Imagine if hundreds of millions of new consumers climb on that particular bandwagon…" Erik Bethel, See his entire article here 
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