An Australian prospector has discovered a massive 177 oz gold nugget using a state-of-the-art $6,000 hand held metal detector.
In other news, several members of the NY Fed were spotted Thursday boarding a plane for Sidney with large carry-ons.
Australian amateur prospector finds massive gold nugget
An amateur prospector in the Australian state of Victoria has astonished experts by unearthing a gold nugget weighing 5.5kg (177 ounces).
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The unidentified man, using a handheld metal detector, found the nugget on Wednesday, lying 60cm underground near the town of Ballarat.
Its value has been estimated at more than A$300,000 ($315,000: £197,000)…
“I have been a prospector and dealer for two decades, and cannot remember the last time a nugget over 100 ounces (2.8kg) has been found locally,” said Cordell Kent, owner of the Ballarat Mining Exchange Gold Shop. I’ve got no doubt there will be a lot of people who will be very enthusiastic about the goldfields again, it gives people hope,” said Mr Kent.“There’s nothing like digging up money, it’s good fun.”
What was that Mr. Kent? Don’t you mean tradition?
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Don’t let Putin hold this. Better yet, sell it to Putin but don’t deliver until the check clears.
It looks like the side view of a German shephard IMO
Jimmy Durante’s heirs have requested this photograph be removed from the Internet because it is an unlicenced likeness of the deceased entertainer.
As to Putin, at least he is more savvy about Gold than Kim Jong II was…
He should have kept quiet about it! Now the vultures will move in to take the lions share!
I am glad for him. Hopefully he will put it to good use after all the claims.
I have a fiend who has a rock with 67 ounces of gold dispersed within it. He used to use it as a door stop. He said it was the safest place to put it. Thieves tend to look for a safe, so he left it out in the open. I remember looking at it and not giving it a second thought to its worth. It just looked liked an ugly rock.
Lucky Bastard!
Sidney or Sydney?
In a way, the thing is like a piece of invaluable heirloom jewelry. I couldn’t melt the damned thing down. I’d feel sacreligious. Now, swapping it to a museum for a stack of 100 oz silver bars might be the ticket!