Philippines to close aerospace agency for inactivity
IANS India Private Limited
Indo Asian News Service
IANS India Private Limited28 December 2017
Manila, Dec 28 (IANS) The Philippines government on Thursday said that it will abolish the state agency responsible for aerospace development for not having manufactured a single useful aircraft in its almost 45 years of operation.
"They are supposed to design a plane. It's been 45 years already and they have not designed a plane yet," Finance Secretary Carlos G. Dominguez III said after announcing the decision to abolish the Philippine Aerospace Development Corp (PADC).
Founded in 1973, the PADC is a state agency with the aim of undertaking "business and development activities for the establishment of a reliable aviation and aerospace industry", reports Efe news.
To fulfil this task, the aerospace agency is responsible for the "design, assembly, manufacture and sale of all forms of aircraft" and the development of "local capabilities in maintenance, repair, overhaul, and modification of aerospace and associated flight and ground equipment".
The finance secretary explained that the decision to abolish the PADC is part of a plan by President Rodrigo Duterte's administration to cut the number of state enterprises to fewer than 90.
In the 1980s, the aerospace agency participated in the creation of the first and only prototype of a Philippine light aircraft, the PADC Defiant 300.
With a fuselage made of wood and fibreglass and a Lycoming engine of 300 horsepower, the PADC Defiant 300 made a test flight in 1987, although the project was finally abandoned due to lack of state funding.
In the 1980s and 1990s, the PADC also developed the PADC Hummingbird helicopter prototype, which was considered a copy of Eurocopter's MBB Bo 105, but the project was also discarded as too lengthy and expensive.
--IANS
ksk
USA
Meet Earth's Newest Island, Which Just Appeared Out Of The Sea
Picture of Alice Johnston
Alice Johnston
Social Content Producer
Updated: 20 December 2017
It might seem like the number of islands in the world is set, but a new discovery tells us otherwise.
An island that appeared almost overnight on the coast off North Carolina, and is now ‘a mile long and three football fields wide,” according to The Virginian-Pilot.
Imagine looking out your window one day and spotting a brand new island that hadn’t been there the day before?!
Screen Shot 2017-12-19 at 1.58.32 pm
The island viewed from above | © Chadonka / Instagram
Locals are calling it Shelly Island, and it’s already being explored by curious travellers.
While it started as little more than a sandy bank, it’s got bigger and is now a fully-fledged small island.
Caleb and his grandmother Janice Regan named it Shelly Island because it’s a good place to hunt for seashells, and the name has caught on.
Attempting to get to the island, however, could be dangerous. Bill Smith, North Carolina Beach Buggy Association, warns of the strong currents and that there could be hooks on the ocean floor, and that stingrays and sharks up to five feet long had been spotted in the area.
Dave Hallac, Cape Hatteras National Seashore superintendent said: ‘Those same forces are likely what shaped the island and are what could make it disappear or connect to the shoreline at some point in the future.
‘For now, adventurers are enjoying Shelly Island while they can. It could disappear as quickly as it appeared.’
Many have travelled to Shelly Island by boat, however, and are enjoying it while it’s still there. As they should – how often does a whole new island appear near where you live?
flocked to get his insight as he has helped them rack up as much as 6,220% in total winning gains
Better Than Bitcoin
December 29, 2017October 3, 2017 J.L. Yastine
Cryptocurrencies have been all the rage.
And it’s no wonder when cryptocurrencies like Ethereum shot up 2,740% … digital cash surged 1,092% … and Bitshares jumped 1,446%.
And while more money might be made as the cryptocurrency market grows into an estimated $200 billion industry, there’s a much more lucrative place to make money.
An industry set to explode a full 8,000% … surging from $235 billion to $4 trillion in the next four years.
That’s why one former hedge fund manager — Paul Mampilly — isn’t recommending a single cryptocurrency to his 100,000-plus readers.
“Cryptocurrencies are in a massive bubble. They are too risky,” Mampilly says. “There’s a new, emerging industry that will mint more millionaires than any other investment in history. More than bitcoin, more than marijuana, more than biotech … combined.”
One should heed Mampilly’s insight.
He made a 76% return during the 2008 crash which is part of the reason Barron’s named his co-managed hedge fund “one of the world’s best.”
Mampilly became famous for helping millionaires make millions, but turned legendary when he walked away from Wall Street to help Main Street Americans make the same type of returns.
And they love him.
Over 100,000 people have already flocked to get his insight as he has helped them rack up as much as 6,220% in total winning gains.
One guy, a retired man from Buffalo, wrote that he made $998,000 thanks to Paul’s timely advice … and even sent a copy of his brokerage statement to prove it.
But all of that could pale in comparison to this little-known industry set to explode 8,000%.
Which is why Mampilly recently posted a new video on his website giving all the details behind this surging industry. Best of all … he reveals the one company you need to buy now so that you can profit in 2018.
This is the biggest and boldest investment prediction of Paul’s decorated career.
A prediction that he says will “hand investors who act fast a rare once-in-a-lifetime opportunity to become incredibly rich, incredibly quickly.”
“Expect gains of at least 1,000% as this situation evolves,” Mampilly says.
This is the type of recommendation Paul used to give to his billionaire clients. But today, Paul is giving it to Main Street Americans so they can get in on the ground floor.
I urge you to take a few minutes to see Paul’s secret to stock market riches and to get the full story on this “better than bitcoin” investment
It was a miracle worthy of the season. When Captain Leonard La Rue spied from his twelve-man merchant ship, the Meredith Victory, the throng of Korean refugees on the docks of a city in flames, he didn't hesitate to do what others would consider impossible. In December of 1950, La Rue and his skeleton crew rescued fourteen thousand Korean refugees from the hands of the rapidly-approaching Chinese army in the city of Hungnam. Through the night and next day, a seemingly endless succession of refugees boarded the Meredith, their will to live and strong spirit steeling them against the bitter cold and incredibly crowded conditions. Standing shoulder to shoulder for three days the refugees and crew stoically endured as La Rue steered the ship through sea battle, a thirty-mile web of sea mines, and enemy shelling. Ship of Miracles is the incredible story of what has been called "the greatest rescue operation by a single ship in the history of mankind." Against all odds, the little merchant vessel transported its precious cargo to the island of Koje-Do on Christmas Eve completely unharmed, all fourteen thousand refugees alive and well, including an additional five new lives begun on this incredible journey. As the fiftieth anniversary of this miraculous rescue approaches, Ship of Miracles is as touching today as it was then; a tale you'll hold close to your heart, and return to time and again. While the United States Navy prepares to celebrate the fiftieth anniversary of the perilous evacuation at Hungnam and honor the Meredith Victory's miraculous feat, read this never-before-told account from the crew themselves, as they relate the incredible and unbelievable details of their three-day journey from fear to freedom.
It was a miracle worthy of the season. When Captain Leonard La Rue spied from his twelve-man merchant ship, the Meredith Victory, the throng of Korean refugees on the docks of a city in flames, he didn't hesitate to do what others would consider impossible. In December of 1950, La Rue and his skeleton crew rescued fourteen thousand Korean refugees from the hands of the rapidly-approaching Chinese army in the city of Hungnam. Through the night and next day, a seemingly endless succession of refugees boarded the Meredith, their will to live and strong spirit steeling them against the bitter cold and incredibly crowded conditions. Standing shoulder to shoulder for three days the refugees and crew stoically endured as La Rue steered the ship through sea battle, a thirty-mile web of sea mines, and enemy shelling. Ship of Miracles is the incredible story of what has been called "the greatest rescue operation by a single ship in the history of mankind." Against all odds, the little merchant vessel transported its precious cargo to the island of Koje-Do on Christmas Eve completely unharmed, all fourteen thousand refugees alive and well, including an additional five new lives begun on this incredible journey. As the fiftieth anniversary of this miraculous rescue approaches, Ship of Miracles is as touching today as it was then; a tale you'll hold close to your heart, and return to time and again. While the United States Navy prepares to celebrate the fiftieth anniversary of the perilous evacuation at Hungnam and honor the Meredith Victory's miraculous feat, read this never-before-told account from the crew themselves, as they relate the incredible and unbelievable details of their three-day journey from fear to freedom.
Will the Next Gold Rush be Under the Ocean? – Deep Sea Mining
Rare Gold Nuggets November 23, 2017 Recent Posts
Gold on the Ocean Floor
This mining method, also known as the deep sea mining, is done in the bedrock of an ocean and is one of the latest methods in mining which involves excavation of minerals at the seabed.
Ocean floor mining has been considered for years, but only in the past few decades has it really been considered as a viable possibility. As one might expect, the high cost and technical nature of this sort of mining has always been cost prohibitive.
There are two mining methods that can be considered in as an option for the mining of gold and other mineral from the sea floor. These two methods are the hydraulic pump method and bucket system that excavates ore from the seabed to the surface for processing (much like the historic bucket dredges).
Mining the ocean floor is certainly not without controversy. The extractions process involve the creation of vents in the sea bedrocks which to some point can pose a great danger to the aquatic animals as well as the dry land due to the deposits of the earth surface that is removed from the sea.
Gold on the Ocean Floor
There is no doubt that a considerable amount of gold exists underwater that could potentially be mined. In fact, with the majority of the Earth covered in water, it may not be a stretch to say that the majority of the Earth’s gold is underwater and still waiting to be mined.
The most attractive areas for potential mining are those areas with known hydrothermal vents, which are known to be associated with the occurrence of gold. Ancient hydrothermal gold deposits are well-known to have gold on dry land throughout the goldfields of the world. These areas are likely to have the highest concentrations of gold.
Of course, recovering gold from the ocean is not a cheap affair, but there is great interest from large mining companies who have the resources available.
Also Read: Mining Platinum & Other Metals on Asteroids
And: Mining Mars – The Potential for Gold and other Precious Metals
Ocean floor mining Regulations
It’s probably no surprise that this mining methods has been highly scrutinized by a wide variety of concerned groups. The risks to marine ecosystems, as well as the high potential for pollution are the main issues. Issues that are mitigable on dry land mining operations will need to be managed very differently when underwater.
Regulations are complex and vary from country to country. In some other countries, their governments have never allowed the exploration of the minerals from the floor of the sea simply because of one reason, that is the danger that it poses to the aquatic nature, and the earth shaking of the sea bedrocks that play an important role in the firmness of the grounds nearby.
There is still considerable interest in this mining method, with ongoing debate on both sides. In fact, with the depletion of resources on land, it is likely that there will be more and more pressure to open up the ocean to mining in the coming decades.
Next: Lithium Mining in the USA – The Next Mining Boom?
Will the Next Gold Rush be Under the Ocean? – Deep Sea Mining
Rare Gold Nuggets November 23, 2017 Recent Posts
Gold on the Ocean Floor
This mining method, also known as the deep sea mining, is done in the bedrock of an ocean and is one of the latest methods in mining which involves excavation of minerals at the seabed.
Ocean floor mining has been considered for years, but only in the past few decades has it really been considered as a viable possibility. As one might expect, the high cost and technical nature of this sort of mining has always been cost prohibitive.
There are two mining methods that can be considered in as an option for the mining of gold and other mineral from the sea floor. These two methods are the hydraulic pump method and bucket system that excavates ore from the seabed to the surface for processing (much like the historic bucket dredges).
Mining the ocean floor is certainly not without controversy. The extractions process involve the creation of vents in the sea bedrocks which to some point can pose a great danger to the aquatic animals as well as the dry land due to the deposits of the earth surface that is removed from the sea.
Gold on the Ocean Floor
There is no doubt that a considerable amount of gold exists underwater that could potentially be mined. In fact, with the majority of the Earth covered in water, it may not be a stretch to say that the majority of the Earth’s gold is underwater and still waiting to be mined.
The most attractive areas for potential mining are those areas with known hydrothermal vents, which are known to be associated with the occurrence of gold. Ancient hydrothermal gold deposits are well-known to have gold on dry land throughout the goldfields of the world. These areas are likely to have the highest concentrations of gold.
Of course, recovering gold from the ocean is not a cheap affair, but there is great interest from large mining companies who have the resources available.
Also Read: Mining Platinum & Other Metals on Asteroids
And: Mining Mars – The Potential for Gold and other Precious Metals
Ocean floor mining Regulations
It’s probably no surprise that this mining methods has been highly scrutinized by a wide variety of concerned groups. The risks to marine ecosystems, as well as the high potential for pollution are the main issues. Issues that are mitigable on dry land mining operations will need to be managed very differently when underwater.
Regulations are complex and vary from country to country. In some other countries, their governments have never allowed the exploration of the minerals from the floor of the sea simply because of one reason, that is the danger that it poses to the aquatic nature, and the earth shaking of the sea bedrocks that play an important role in the firmness of the grounds nearby.
There is still considerable interest in this mining method, with ongoing debate on both sides. In fact, with the depletion of resources on land, it is likely that there will be more and more pressure to open up the ocean to mining in the coming decades.
Next: Lithium Mining in the USA – The Next Mining Boom?
Tips for Buying Natural Gold Nuggets
Rare Gold Nuggets May 22, 2014 Gold Nugget Facts, Recent Posts
We would all love to be able to go out and find a pile of gold nuggets, but since it’s is much easier said than done, you may be thinking about buying some gold to add to your collection instead. If you have never bought natural gold before, or you want to learn a bit more about investing in rare gold nuggets, there are some things that you should consider before buying.
If you decide you want to buy some gold nuggets, you should first ask yourself whether you are more interested in the metal itself as an investment, or are you more interested in natural gold for its collectability as a rare mineral specimen. This will help you decide what your best options are.
If you are simply interested in buying some gold as an investment in precious metals, then you may actually be better of purchasing refined bullion. This is commonly available at most coin shops and is guaranteed to be at least .999 purity. These can easily be purchased in a variety of sizes, most commonly as 1 troy ounce rounds and bars. If you simply want some gold as an investment then this can be a good option, but if you want some natural gold then there are a few things to consider.
Size
If you want to purchase natural gold for investment and are just looking for the best price, then smaller sized placer gold is going to be your best option. This is because placer gold general has the lowest premium due to being much more common when compared to the larger and much rarer nuggets and specimens. Size has a huge effect on the price of natural gold, so if you are looking for the cheapest price by weight alone, then fine dust or flakes will probably be your best bet. Its small size also means that you will be able to sell small amounts at a time rather than all at once. Many people like to have gold dust as an item that they can barter with.
Natural placer gold is nice, but most gold collectors prefer larger gold nuggets. It pretty much goes without saying; a big gold nugget is almost always worth more than small placer gold dust due to its rarity and collectability.
People who want to add a piece of rare gold to their collection almost always want a nice chunk of gold, something that they can hold in their hand and enjoy as a display piece. While smaller placer gold is still beautiful, it just doesn’t compare to the awesome feeling of owning a gold nugget. This is why size is such an important factor in the price of natural gold.
Learn How to Find Gold Nuggets
Even though there is a higher premium price that you will generally pay for larger nuggets, this doesn’t mean that they are not a good investment. You may pay a premium when you buy, but you can also ask a nice premium when you decide to sell also. Big gold nuggets never go out of style!
Beauty
Regardless of which type of natural gold you decide to purchase, its natural beauty is always an important consideration. Each piece of gold that exists in nature is unique; it all has different shapes and colors that have an effect on its overall beauty.
Gold is never 100% pure in its natural form. To get gold that is truly pure it needs to be refined, so the true gold content within any piece of gold as it comes from the Earth will vary. This variation can actually be quite amazing, and each different region will produce slightly different purities of gold. The gold that has a higher purity is generally more beautiful than those that have lower purities due to other metal alloys such as copper and silver.
Gold generally averages in the range of 18 karat to 22 karat purity, but there are some areas where it runs well over 23 karats, and other places where high silver content within the gold lowers the purity down around 14 karats or even lower. These extremes in purity are generally rare, but they do occur, and you can often tell just from looking at the piece.
The gold content within a nugget is not the only thing that has an effect on the value and beauty of a natural gold nugget or specimen. Sometimes very low purity gold brings a very high premium price to collectors.
Some of the beautiful gold specimens that come out of the state of Nevada are an excellent example of this. Many mines in Nevada produce natural gold that has a very high silver content. In fact, it is technically not gold at all, but is actually a metal called electrum, which is an alloy of the two metals that is has more than 20% silver content. The high percentage of silver makes the gold noticeably lighter in color than an average piece of gold, yet these specimens are some of the most highly sought after by rare mineral collectors.
This is a good time to talk about another factor that has a huge effect on the value of natural gold. The shape of a gold nugget has a huge impact on the price that a collector is willing to pay. Not all nuggets are created equal; some are very smooth “lumps” that don’t really attract a lot of attention when compared to others. The overall character of a nugget has a lot to do with the price that someone will pay for a piece of gold. Most collectors are looking for something different and unique to include with their other minerals. They don’t want the same stuff that everyone else has, thus a nugget with an interesting shape will usually command a higher premium price.
Gold can also come in some very interesting formations that are quite rare and highly sought after by collectors of rare minerals. Rather than being smooth, rounded placer gold nuggets, these pieces have a beautiful crystalline structure. Some of the interesting formations in them are so unique that you can identify the exact mine that they came from just by looking at them.
Origin
In some instances, the general location or mine that a nugget came from can have an impact on their interest to collectors. Some beautiful specimens from specific mines are sought after due to their appearance, but specific locations can also appeal to certain collectors for purely nostalgic reasons.
People often want gold that comes from their home state or country. If someone grew up in a mining community, then they often want a nugget that came from a specific area that they are familiar with, and they will pay a premium for it.
There are also certain locations that appeal to people for other reason. Gold from the Mother Lode region of Northern California, the well-known mining districts in Alaska and the Yukon, along with certain regions of Australia, Arizona, Colorado, and Nevada all hold interest to certain buyers. Even some more obscure mining locations like New Zealand, Peru, Chile, Argentina, and The Philippines hold interest to certain collectors.
Gold Price
While most natural gold nuggets will bring a premium over the spot price of the metal itself, it is still worthwhile to know what the current gold price is. This information is easily found on websites like kitco.com.
The price of gold itself should only be used as a general guideline when it comes to natural gold values. More average placer gold dust may only be valued at around spot price, but almost any nugget is worth at least some percentage above it. At the present time, it seems that around 1.5 times spot price is the going rate for most quality nuggets for sale by dealers, but exceptional crystalline specimens can easily bring several times their weight in gold.
Warnings
This article would not be complete if I did not include a few warning that any gold buyer should be aware of if they are serious about buying natural gold. These concerns mainly apply to buying gold online on places like eBay and Amazon, where you are unable to see the gold in person. However, some of these risks will also apply to buying in person too.
It is very important to educate yourself on what natural gold looks and feels like, because there are fakes out there!
We all know that gold is a very heavy element, which is a great indicator. It is noticeably heavy when you hold it in your hand, and most other metals will be significantly lighter when you hold them in your hand. This is one good indicator of whether a gold nugget is real or fake.
The shape and overall “look” of a nugget is also an indicator, assuming that you have seen enough natural gold to be able to notice the difference. Most of the fake gold nuggets are very easy to identify, but if you are not sure or have concerns, you should not buy!
If you have concerns about a certain nugget, have it tested. Simple acid test kits can be purchased very reasonably that will indicate whether what you have is real of fake.
There are also a lot of sellers, primarily on eBay, who are selling gold “specimens” and “ore”, that are little more than rocks. They often contain minerals like mica or pyrite which have a shiny, reflective appearance. I can assure you that these so-called “specimens” contain no gold, and are sold with the sole purpose of deceiving the buyer into thinking they are buying gold when they are actually just buying a pretty rock.
Where you choose to buy your natural gold is up to you, but whomever you buy from, I recommend that you make sure that they have a good reputation for selling gold and have an established presence within the mineral collecting community. There are many good established businesses online. I will just warn you that some of the eBay sellers (even ones that have decent feedback rating) are selling these so-called “specimens”.
Another issue that is very common on eBay is to take very close-up photographs of a gold nugget without anything in the picture for size reference. You should always buy from a dealer who includes something in the photo to give you an indication of size. The last think you want to do is to think you are buying a nice sized nugget and end up with a small flake.
Understanding the common weights used by sellers of precious metals is also very important. The most common weights used by gold dealers are grams, pennyweights, and troy ounces. Gold and precious metals are weighed using troy ounces, NOT in avoirdupois ounces! Grains are also used by some sellers, which is fine, but know that grains are very small and a piece of gold that only weighs a few grains is very small. Understand the basic weight conversions before you buy so you are not disappointed.
Hopefully this information provides you with some good information to consider if you decide that you want to start investing in natural gold nuggets and specimens. Regardless of which type of natural gold you like best, be sure that you are happy with your purchase and enjoy it! Understanding the common weights used by sellers of precious metals is also very important. The most common weights used by gold dealers are grams, pennyweights, and troy ounces. Gold and precious metals are weighed using troy ounces, NOT in avoirdupois ounces! Grains are also used by some sellers, which is fine, but know that grains are very small and a piece of gold that only weighs a few grains is very small. Understand the basic weight conversions before you buy so you are not disappointed.
Also read: How Rare are Gold Nuggets?
Tips for Buying Natural Gold Nuggets
Rare Gold Nuggets May 22, 2014 Gold Nugget Facts, Recent Posts
We would all love to be able to go out and find a pile of gold nuggets, but since it’s is much easier said than done, you may be thinking about buying some gold to add to your collection instead. If you have never bought natural gold before, or you want to learn a bit more about investing in rare gold nuggets, there are some things that you should consider before buying.
If you decide you want to buy some gold nuggets, you should first ask yourself whether you are more interested in the metal itself as an investment, or are you more interested in natural gold for its collectability as a rare mineral specimen. This will help you decide what your best options are.
If you are simply interested in buying some gold as an investment in precious metals, then you may actually be better of purchasing refined bullion. This is commonly available at most coin shops and is guaranteed to be at least .999 purity. These can easily be purchased in a variety of sizes, most commonly as 1 troy ounce rounds and bars. If you simply want some gold as an investment then this can be a good option, but if you want some natural gold then there are a few things to consider.
Size
If you want to purchase natural gold for investment and are just looking for the best price, then smaller sized placer gold is going to be your best option. This is because placer gold general has the lowest premium due to being much more common when compared to the larger and much rarer nuggets and specimens. Size has a huge effect on the price of natural gold, so if you are looking for the cheapest price by weight alone, then fine dust or flakes will probably be your best bet. Its small size also means that you will be able to sell small amounts at a time rather than all at once. Many people like to have gold dust as an item that they can barter with.
Natural placer gold is nice, but most gold collectors prefer larger gold nuggets. It pretty much goes without saying; a big gold nugget is almost always worth more than small placer gold dust due to its rarity and collectability.
People who want to add a piece of rare gold to their collection almost always want a nice chunk of gold, something that they can hold in their hand and enjoy as a display piece. While smaller placer gold is still beautiful, it just doesn’t compare to the awesome feeling of owning a gold nugget. This is why size is such an important factor in the price of natural gold.
Learn How to Find Gold Nuggets
Even though there is a higher premium price that you will generally pay for larger nuggets, this doesn’t mean that they are not a good investment. You may pay a premium when you buy, but you can also ask a nice premium when you decide to sell also. Big gold nuggets never go out of style!
Beauty
Regardless of which type of natural gold you decide to purchase, its natural beauty is always an important consideration. Each piece of gold that exists in nature is unique; it all has different shapes and colors that have an effect on its overall beauty.
Gold is never 100% pure in its natural form. To get gold that is truly pure it needs to be refined, so the true gold content within any piece of gold as it comes from the Earth will vary. This variation can actually be quite amazing, and each different region will produce slightly different purities of gold. The gold that has a higher purity is generally more beautiful than those that have lower purities due to other metal alloys such as copper and silver.
Gold generally averages in the range of 18 karat to 22 karat purity, but there are some areas where it runs well over 23 karats, and other places where high silver content within the gold lowers the purity down around 14 karats or even lower. These extremes in purity are generally rare, but they do occur, and you can often tell just from looking at the piece.
The gold content within a nugget is not the only thing that has an effect on the value and beauty of a natural gold nugget or specimen. Sometimes very low purity gold brings a very high premium price to collectors.
Some of the beautiful gold specimens that come out of the state of Nevada are an excellent example of this. Many mines in Nevada produce natural gold that has a very high silver content. In fact, it is technically not gold at all, but is actually a metal called electrum, which is an alloy of the two metals that is has more than 20% silver content. The high percentage of silver makes the gold noticeably lighter in color than an average piece of gold, yet these specimens are some of the most highly sought after by rare mineral collectors.
This is a good time to talk about another factor that has a huge effect on the value of natural gold. The shape of a gold nugget has a huge impact on the price that a collector is willing to pay. Not all nuggets are created equal; some are very smooth “lumps” that don’t really attract a lot of attention when compared to others. The overall character of a nugget has a lot to do with the price that someone will pay for a piece of gold. Most collectors are looking for something different and unique to include with their other minerals. They don’t want the same stuff that everyone else has, thus a nugget with an interesting shape will usually command a higher premium price.
Gold can also come in some very interesting formations that are quite rare and highly sought after by collectors of rare minerals. Rather than being smooth, rounded placer gold nuggets, these pieces have a beautiful crystalline structure. Some of the interesting formations in them are so unique that you can identify the exact mine that they came from just by looking at them.
Origin
In some instances, the general location or mine that a nugget came from can have an impact on their interest to collectors. Some beautiful specimens from specific mines are sought after due to their appearance, but specific locations can also appeal to certain collectors for purely nostalgic reasons.
People often want gold that comes from their home state or country. If someone grew up in a mining community, then they often want a nugget that came from a specific area that they are familiar with, and they will pay a premium for it.
There are also certain locations that appeal to people for other reason. Gold from the Mother Lode region of Northern California, the well-known mining districts in Alaska and the Yukon, along with certain regions of Australia, Arizona, Colorado, and Nevada all hold interest to certain buyers. Even some more obscure mining locations like New Zealand, Peru, Chile, Argentina, and The Philippines hold interest to certain collectors.
Gold Price
While most natural gold nuggets will bring a premium over the spot price of the metal itself, it is still worthwhile to know what the current gold price is. This information is easily found on websites like kitco.com.
The price of gold itself should only be used as a general guideline when it comes to natural gold values. More average placer gold dust may only be valued at around spot price, but almost any nugget is worth at least some percentage above it. At the present time, it seems that around 1.5 times spot price is the going rate for most quality nuggets for sale by dealers, but exceptional crystalline specimens can easily bring several times their weight in gold.
Warnings
This article would not be complete if I did not include a few warning that any gold buyer should be aware of if they are serious about buying natural gold. These concerns mainly apply to buying gold online on places like eBay and Amazon, where you are unable to see the gold in person. However, some of these risks will also apply to buying in person too.
It is very important to educate yourself on what natural gold looks and feels like, because there are fakes out there!
We all know that gold is a very heavy element, which is a great indicator. It is noticeably heavy when you hold it in your hand, and most other metals will be significantly lighter when you hold them in your hand. This is one good indicator of whether a gold nugget is real or fake.
The shape and overall “look” of a nugget is also an indicator, assuming that you have seen enough natural gold to be able to notice the difference. Most of the fake gold nuggets are very easy to identify, but if you are not sure or have concerns, you should not buy!
If you have concerns about a certain nugget, have it tested. Simple acid test kits can be purchased very reasonably that will indicate whether what you have is real of fake.
There are also a lot of sellers, primarily on eBay, who are selling gold “specimens” and “ore”, that are little more than rocks. They often contain minerals like mica or pyrite which have a shiny, reflective appearance. I can assure you that these so-called “specimens” contain no gold, and are sold with the sole purpose of deceiving the buyer into thinking they are buying gold when they are actually just buying a pretty rock.
Where you choose to buy your natural gold is up to you, but whomever you buy from, I recommend that you make sure that they have a good reputation for selling gold and have an established presence within the mineral collecting community. There are many good established businesses online. I will just warn you that some of the eBay sellers (even ones that have decent feedback rating) are selling these so-called “specimens”.
Another issue that is very common on eBay is to take very close-up photographs of a gold nugget without anything in the picture for size reference. You should always buy from a dealer who includes something in the photo to give you an indication of size. The last think you want to do is to think you are buying a nice sized nugget and end up with a small flake.
Understanding the common weights used by sellers of precious metals is also very important. The most common weights used by gold dealers are grams, pennyweights, and troy ounces. Gold and precious metals are weighed using troy ounces, NOT in avoirdupois ounces! Grains are also used by some sellers, which is fine, but know that grains are very small and a piece of gold that only weighs a few grains is very small. Understand the basic weight conversions before you buy so you are not disappointed.
Hopefully this information provides you with some good information to consider if you decide that you want to start investing in natural gold nuggets and specimens. Regardless of which type of natural gold you like best, be sure that you are happy with your purchase and enjoy it!
Also read: How Rare are Gold Nuggets?
Muhammad Ismail Zabiulla
8 hrs ·
_Scientific miracles in Quran and Sunnah:_
*THE RETURNING SKY*
```The verse 11 of Sura Tarik in the Qur'an, refers to the "returning" function of the sky.```
*By Heaven with its cyclical systems.* ```(Quran, 86:11)
This word interpreted as "cyclical" in Quran translations also has meanings of "sending back" or "returning".
As known, the atmosphere surrounding the Earth consists of many layers. Each layer serves an important purpose for the benefit of life. Research has revealed that these layers have the function of turning the materials or rays they are exposed to back into space or back down to the Earth. Now let us examine with a few examples of this "recycling" function of the layers encircling the Earth.```
*The troposphere,* ```13 to 15 kilometers above the Earth, enables water vapor rising from the surface of the Earth to be condensed and turn back as rain.```
*The Ozone layer,* ```at an altitude of 25 kilometers, reflects harmful radiation and ultraviolet light coming from space and turns both back into space.```
*The ionosphere,* ```reflects radio waves broadcast from the Earth back down to different parts of the world, just like a passive communications satellite, and thus makes wireless communication, radio, and television broadcasting possible over long distances.```
*The magnetosphere layer* ```turns the harmful radioactive particles emitted by the Sun and other stars back into space before they reach the Earth.
The fact that this property of the atmosphere's layers, that was only demonstrated in the recent past was announced centuries ago in the Quran, once again demonstrates that the Qur'an is the word of Allah (ﷻ).
_*May Allah ﷻ Bless us
_*Aameen*_
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Hormorh Bolar G Aremu
Hormorh Bolar G Aremu Hmm what a Fact!
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Mundi Sule
Mundi Sule Aameen ya Allah
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Princedan Abu
Princedan Abu Ameen
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Balchisu Salifu
Balchisu Salifu Ameen
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Bashir Salawudeen
Bashir Salawudeen Hmmm, Allaaaaaahuuuuu akbar
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Azeez Taofeek Olalekan
Azeez Taofeek Olalekan Amen
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Top 6 Digital Coins That May Be Worth More Than Bitcoin Some Day
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If you’re wondering what all the fuss is about. Or if you have not heard about Bitcoin or other digital coins in the news or from a friend, it’s time to WAKE UP! Digital currencies look like they may be the next evolution of how we pay for things, so it may be a good idea to educate yourself on the topic so you don’t get left behind! Japan has already allowed Bitcoin as a form of payment in many stores, and other countries may soon follow.
Bitcoin’s price has already reached the highest levels ever. So what other coins are there to invest in? Is it risky to get in now? If you’re wondering about other “Altcoins” and if they truly have value, this article is here to pick out the 6 best alternative coins to Bitcoin. Starting with #6 below.
#6 Monero ( XMR )
If you haven’t heard of Monero yet, that’s pretty much the point. The creators of this coin made an emphasis on privacy and security. While Bitcoin’s transactions are all public through the rolling blockchain, Monero takes a different approach. Monero is a type of coin where transactions are partially hidden. This creates a privacy dream, for people that want all their transactions to be private. Many people say this allows criminals to use it to launder money and do shady things, however we see it in a positive light. Monero is the digital currency for anyone that is sick of “big brother” watching over their backs. There will always be demand for a coin like this. And Monero is the largest one!
Read about the next Coin on the list #5 Zcash on the next page below!
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Home Networks Hot topics Fixed Wireless Access
Time to capitalize on the potential of fixed wireless access
Up to 50% of the world’s citizens are still waiting for reliable broadband access. For mobile operators, that market demand offers a huge opportunity for growth. Fixed wireless access (FWA) provides a bridge to those potential customers.
With a fixed wireless access offering, network operators can supply vast amounts of new customers with broadband internet. By delivering broadband over existing LTE mobile networks, operators can rapidly increase revenue in untapped markets. Today, operators may be underutilizing as much as 80% radio spectrum in suburban and rural areas, but now it is possible to turn that unused spectrum into a valuable consumer offering.
Fixed wireless access has great potential to provide broadband for homes and businesses in rural and suburban areas.
Visit our in-depth demo on FWA
What is FWA?
What is FWA?
Fixed wireless access is a service utilizing wireless radio technology (i.e. mobile networks) to deliver broadband internet to residences and businesses.
FWA is a high performance yet cost-effective solution to provide broadband in many areas where fixed broadband (such as DSL, cable or fiber alternatives) are limited.
Why does FWA make sense now?
Advances in radio technology, gains in spectrum and demand for broadband everywhere make now the perfect time to strengthen your FWA offering.
High performance
With guaranteed bit rates, FWA is a cost effective way to deliver reliable broadband.
Spectrum availability
More spectrum is becoming available for FWA offerings.
Cost effective
FWA allows for precise rollout with upgrades to existing wireless infrastructure.
Government investment
Realizing national broadband plans requires cost-effective solutions like FWA.
Bridge the digital divide with fixed wireless access
Today, governments want to provide broadband all their citizens. With wide-ranging goals, from improving education and health services to increasing national gross domestic product GDP, public officials are ready to invest in broadband to promote the advancement of businesses, schools and communities.
Access to fixed wireless access helps public authorities achieve these ambitious goals, while minimizing the cost of investment and accelerating rollout. Providing high-speed connectivity via FWA in areas without fiber or fixed networks has a positive impact on communities, with rapid return on investment (ROI).
Bridge the digital divide with fixed wireless access
FWA can boost revenue with precision rollout
Fixed wireless access offers the means to provide ”wireless fiber” – fiber-like services, in terms of capacity and speed. But the rollout and operation of fixed wireless access is more cost-efficient than fiber, which requires sizeable investments in installation and upkeep.
In developed areas, fixed wireless access can be a “last mile” solution to provide homes and businesses with broadband. In areas without cable, fiber or copper infrastructure, fixed wireless access is the solution many communities are looking for.
By targeting areas with the best potential for return, operators can choose more precisely where to invest. Customer-side installation of consumer premises equipment (CPE) solutions makes it easy connect more customers at a low cost.
The evolution to 5G strengthens your FWA offering
The business case for fixed wireless access as an improvement to mobile broadband only becomes stronger as LTE evolves. With the ability to use larger chunks of radio spectrum to provide improved latency and capacity, the evolution to 5G will take fixed wireless access to a whole new level.
Fixed wireless access for both small and medium-sized enterprise (sme), and residential applications is already gaining momentum. With 10 to 100 times more capacity than 4G, 5G has the potential to enable cost-efficient fixed wireless access solutions on a massive scale.
How can you better monetize your network with FWA?
Contact us to find out
Find out more
Ericsson to modernize and manage TELE-POST’s network in Greenland
Ericsson to modernize and manage TELE-POST’s network in Greenland
Learn how Ericsson Radio System will provide Fixed Wireless Access for some of the world’s most remote residents.
Fixed wireless access on a massive scale with 5G
Fixed wireless access on a massive scale with 5G
The evolution to 5G will take FWA to a whole new level. Read our in-depth report on 5G fixed wireless access.
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Japan - en,ja
Kenya - en
Malaysia - en
Mexico - es,en
Myanmar (Burma) - en
Nepal - en
New Zealand - en
Nigeria - en
Panama - es,en
Paraguay - es,en
Peru - es,en
Philippines - en
Puerto Rico - es,en
Russia - ru,en
Rwanda - en
Senegal - en
Singapore - en
South Africa - en
Spain - es,en
Sri Lanka - en
Suriname - en
Sweden - sv,en
Switzerland - en
Taiwan - zh,en
Tanzania - en
Thailand - en
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Ukraine - en
United States - en
Venezuela - es,en
Vietnam - en
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Home Networks Hot topics Fixed Wireless Access
Time to capitalize on the potential of fixed wireless access
Up to 50% of the world’s citizens are still waiting for reliable broadband access. For mobile operators, that market demand offers a huge opportunity for growth. Fixed wireless access (FWA) provides a bridge to those potential customers.
With a fixed wireless access offering, network operators can supply vast amounts of new customers with broadband internet. By delivering broadband over existing LTE mobile networks, operators can rapidly increase revenue in untapped markets. Today, operators may be underutilizing as much as 80% radio spectrum in suburban and rural areas, but now it is possible to turn that unused spectrum into a valuable consumer offering.
Fixed wireless access has great potential to provide broadband for homes and businesses in rural and suburban areas.
Visit our in-depth demo on FWA
What is FWA?
What is FWA?
Fixed wireless access is a service utilizing wireless radio technology (i.e. mobile networks) to deliver broadband internet to residences and businesses.
FWA is a high performance yet cost-effective solution to provide broadband in many areas where fixed broadband (such as DSL, cable or fiber alternatives) are limited.
Why does FWA make sense now?
Advances in radio technology, gains in spectrum and demand for broadband everywhere make now the perfect time to strengthen your FWA offering.
High performance
With guaranteed bit rates, FWA is a cost effective way to deliver reliable broadband.
Spectrum availability
More spectrum is becoming available for FWA offerings.
Cost effective
FWA allows for precise rollout with upgrades to existing wireless infrastructure.
Government investment
Realizing national broadband plans requires cost-effective solutions like FWA.
Bridge the digital divide with fixed wireless access
Today, governments want to provide broadband all their citizens. With wide-ranging goals, from improving education and health services to increasing national gross domestic product GDP, public officials are ready to invest in broadband to promote the advancement of businesses, schools and communities.
Access to fixed wireless access helps public authorities achieve these ambitious goals, while minimizing the cost of investment and accelerating rollout. Providing high-speed connectivity via FWA in areas without fiber or fixed networks has a positive impact on communities, with rapid return on investment (ROI).
Bridge the digital divide with fixed wireless access
FWA can boost revenue with precision rollout
Fixed wireless access offers the means to provide ”wireless fiber” – fiber-like services, in terms of capacity and speed. But the rollout and operation of fixed wireless access is more cost-efficient than fiber, which requires sizeable investments in installation and upkeep.
In developed areas, fixed wireless access can be a “last mile” solution to provide homes and businesses with broadband. In areas without cable, fiber or copper infrastructure, fixed wireless access is the solution many communities are looking for.
By targeting areas with the best potential for return, operators can choose more precisely where to invest. Customer-side installation of consumer premises equipment (CPE) solutions makes it easy connect more customers at a low cost.
The evolution to 5G strengthens your FWA offering
The business case for fixed wireless access as an improvement to mobile broadband only becomes stronger as LTE evolves. With the ability to use larger chunks of radio spectrum to provide improved latency and capacity, the evolution to 5G will take fixed wireless access to a whole new level.
Fixed wireless access for both small and medium-sized enterprise (sme), and residential applications is already gaining momentum. With 10 to 100 times more capacity than 4G, 5G has the potential to enable cost-efficient fixed wireless access solutions on a massive scale.
How can you better monetize your network with FWA?
Contact us to find out
Find out more
Ericsson to modernize and manage TELE-POST’s network in Greenland
Ericsson to modernize and manage TELE-POST’s network in Greenland
Learn how Ericsson Radio System will provide Fixed Wireless Access for some of the world’s most remote residents.
Fixed wireless access on a massive scale with 5G
Fixed wireless access on a massive scale with 5G
The evolution to 5G will take FWA to a whole new level. Read our in-depth report on 5G fixed wireless access.
Stay updated
Ericsson Networks on Twitter
Ericsson Networks on LinkedIn
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Home Networks Hot topics Fixed Wireless Access
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