Dateline Sept 6, 2015: Many people want to own gold and will obtain it in the usual ways: buying it or panning for gold nuggets. But now, some folks are thinking about getting their gold from volcanoes.
Gold From Volcanoes
A recent Fox News article sheds light on the topic: The article reports that a team of geologists as located the “mother lode” of gold and silver within extremely hot volcanic waters in the Taupo Volcanic Center of New Zealand’s North Island.
Essentially this is what’s going on: Super-heated and corrosive magmatic fluids can be highly concentrated in gold and other metals. When these super-heated fluids cool, they can precipitate solid metals.
Could the next gold rush be to the world’s active volcanic regions? Probably not so fast. According to Stuart Simmons, one of the geologists looking into extracting gold from volcanoes, traditional forms of mining are not practical in these dangerous super-hot regions.
He goes on to say, “The more practical thing to do is to attempt to extract the metals from the fluids as they flow through the [existing] surface pipe work. The gold and silver are passively accumulating in the shallow parts of the wells and in surface pipe work, so it is not lost.”
Even More Practical Ways to Buy Gold
Many collectors and investors would like to own gold, either as bullion or as coins but have no real desire to get burnt up by hot lava or super-heated volcanic steam in the process. The easier way, of course, is to purchase your gold from online brokerages such as Golden Eagle Coins, from well-known auction houses such as eBay, or from Amazon.
For example, at the time of this writing, you can purchase the popular 1/10 oz. American Eagle gold bullion coin for as low as $130 or less. Similarly, the 1/10 oz. Canadian Maple Leaf gold coin, coming in at 99.99% gold, is available for under $130.
Now that’s an easier way to get your gold than getting yourself burnt on an active volcano!
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