Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Gib Bogle who wrote (72669)	3/1/2010 2:32:23 PM
From: Maurice Winn	1 Recommendation Read Replies (3) of 74559

No way. That's where you come in. As the waves drift the silt including the gold round on the sea floor, the gold falls down and when the silt drifts over old stream beds which are deeper hollows, the gold will concentrate and the lump of sand will then migrate over the hollow just like the sand crossing the Kaipara and Manukau harbour entrances in lumpy manner, leaving gold behind [if there was gold to be left behind and if there weren't strong currents scouring it out again]. The old depressions in the Firth of Thames don't have currents and didn't, other than those induced. They were just hollows waiting to be filled with gold, or silt if there was no gold coming down. There must be large collections of gold just waiting to be scooped up, if we knew where to go and scoop. At $1000 an ounce, we don't need to scoop many truckloads. Mqurice

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