2/6/25 Report - Spot Gold Prices. Dollar Purchasing Power. Charts and Patterns to Consider. Old Mountain Path and Artifacts Discovered After Ice Melt.

 

Written by the TreasureGuide for the exclusive use of the Treasure Beaches Report.

I always liked the name of this bear. It stuck in my mind from the first time I saw it and I never forgot it.   I think the book was my sister's rather than mine and I don't know if I ever read it. I don't think I did. It was just the name that stuck with me. Being made of up multiple words, it is something like those long German words such as Schwarzwalder Kirschtorte (Black Forest Cherry Cake). The Germans just smash words together to make bigger words rather than hyphenating - and so you have World War II. That's a leap. But think about it.

Anyhow, Mr. Bear initially lacks the quality of empathy and went around flattening the houses of other little animals, but in the end he realizes the harm he caused them and is sorry. It is a story about empathy.

Some people lack empathy, which is very problematic by itself, but empathy seems to be part a more general ability to see things from various perspectives. That is a very useful ability for detectorists as well as problem solvers in general. It is also entertaining.

Microsoft Bing told me the book was first published in 2000. I knew better than that, and when I did a little additional research, I found it was actually published as early as 1950.

The cover image of the book I found on the internet says it is the 65th anniversary edition, so it had to be produced decades earlier.

The world is a wonderful place with little treasures to be found everywhere by the alert and joyful seeker.

One thing that isn't flat is the gold price chart.  Gold is now near record high prices.   It is off a little this morning. 

Below is a one-year price chart in dollars/oz.

If you've been holding gold for the price to increase, you've been rewarded.  Look at that accelerating upward slope.  That is getting steep.  Now if that doesn't get your attention, look at the following chart for a longer time span.

Wuueeee!  There have been some big drops, but in comparison, small in comparison.  Of course, a lot of that is due to inflation and decrease in the value of the dollar.

How about the following chart that shows the steadily declining purchasing power of the dollar.

Source: Visualizing the Purchasing Power of the U.S. Dollar Over Time

Obviously going the purchasing owner of the dollar is going opposite direction of gold spot prices.  There is an obvious inverse correlation between the price of gold and the purchasing power of the dollar.

Look at this.

First look at the dramatic rise in the period highlighted by box B, which takes the price to record highs.

Now look at the chart in box A.  Very similar rate of increase and amount.  If you overlay the chart in box B over the chart in box A, they would overlap to a very large extent.

In the period between 2000 and 2014, after the peak, prices quickly dropped.  It might not happen again, but it would not be shocking if it did.  

Also note that the drop in the price of gold after the peak was followed by another and much large increase.

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Can you figure out what this artifact is?  I would have never guessed.

Archaeologists recently documented a rare treasure trove of Viking Age objects littering a long-forgotten mountain pass, including the remains of a dog wearing its collar and leash.

As climate change melts Norway's glaciers, pockets of history hidden for centuries or millennia are finally seeing the light of day. Melting along a high-altitude trail in the Lendbreen glacier has revealed hundreds of artifacts dating to the Viking Age, the Roman Iron Age and even the Bronze Age.

Remarkably well-preserved items littered the winding path, including clothing and shoes, a variety of tools and riding gear, and animal bones and dung. They offer clues about daily life, and hint at the challenges and importance of mountain travel in this region, according to a new study published online April 16 in the journal Antiquity...

Here are the links for more about that.

Viking 'treasure' of rare artifacts revealed on a long-lost mountain trail | Live Science

Melting Norwegian Ice Uncovers a Treasure Trove of Viking Artifacts | Watch

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Source: Surfguru.com.

So we have a continuing small surf, and this evening a negative low tide.

Good hunting,

Treasureguide@comcast.net