Archive

Archive for September 24, 2009

Supply, demand and buried treasure

September 24, 2009 7 comments

artifactsAn amateur “metal detectorist” recently stumbled upon  a trove of more than 1,500 gold and silver artifacts  in a Staffordshire, England field. 

The items date from the Seventh Century,  and archeologists say it is  the largest hoard ever found in Britain. 

Click here for the full story: http://www.nationalpost.com/news/story.html?id=2028795

Rocky makes two observations:

1) While the bull market for gold is several years old, the bull market for Metal Detectors may just be starting. (Click here for a half-price sale on the “Bounty Hunter Time Ranger Metal Detector and Deluxe Gold Pan Kit.”)

2) The collection has been officially declared as a “treasure trove,” and under UK Law is the property of the State. Even in a field, the tax man is never “afield.”

Follow

Get every new post delivered to your Inbox.