The Hobby of Gold Panning

Image via WikipediaGold panning as a hobby.

With the price of gold over $1350 a lot more people have become interested in panning for gold as a hobby. I was in a hobby store that sort of specializes in goldpanning equipment a few days ago and they had actually run out of a certain brand of goldpan. The owner was saying he sells seven or eight a day sometimes where that used to be a month sales.
It looks like the time has come for gold panning. he was telling me that what used to be a hobby for some people is now actually earning them 40 or 50% of their income because of the high unemployment. At this moment the gold is sitting at  $1389. That's more than $50 a gram. In a good stream a person who knows where to look and easily make two or 3 g a day. That's tax-free to!
Eastern Nevada, Idaho, and Montana are all known gold states. Of course California has gold to and Eastern Oregon is exactly empty especially around the Baker city/Sumter area. Washington state has gold but there's never been a really big run. And then of course British Columbia to the north of Washington is well known as a source of gold.
Another way to make some money from the new interest in gold panning is to sell  gold panning equipment. Like the store owner that I was referring to earlier. If you  do a search for gold panning you can see there's a lot of people selling it but there's always room for one more as they say. I noticed quite a few of the people selling have affiliate links and are picking up some extra cash by people clicking and buying.
It is a known fact that the people made the most money during all the famous North American gold rushes where the merchants selling stuff whether it was food, liquor, mules and horses, and of course services. He should give some consideration to this before you go thrashing around in a creek looking for the elusive nugget.
Of course you could just open up an online trading account and bet on gold going up or down it doesn't matter you can bet either way. A lot of people use their Forex accounts for this because the Forex trading companies have started to include silver and gold in their offerings. These are highly geared accounts so little bet has the potential to make you a lot of money.
So you can see there's several ways to get in on the new 21st century gold rush. The thing you have to do is decide how you're going to participate and then take action and hopefully make some money on the hobby of gold panning.