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A long-range locator is a class of fraudulent devices purported to be a type of metal detector, supposedly able to detect a variety of substances, including gold, drugs and explosives; most are said to operate on a principle of resonance with the material being detected.
What allowed detectors to discriminate between metals was the fact that every metal has a different phase response when exposed to alternating current; longer waves (low frequency) penetrate ground deeper, and select for high-conductivity targets like silver, and copper; than shorter waves (higher frequency) which, while less ground penetrating ...
The HUI-gold ratio is an expression which compares the relative quantities of the NYSE Gold BUGS Index and the price of gold. The ratio is calculated by dividing the value of the NYSE Gold BUGS Index by the price of gold. [5] Investors use the HUI-gold ratio to illustrate the ever-shifting relative strength of the gold stocks versus gold. [6]
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"Gold bug" (sometimes spelled "goldbug") is a term frequently employed in the financial sector and among economists in reference to persons who are extremely bullish on the commodity gold as an investment or a standard for measuring wealth. [1]
The design of the American Buffalo gold bullion coin is a modified version of James Earle Fraser's design for the Indian Head nickel (Type 1), issued in early 1913. After a raised mound of dirt below the animal on the reverse was reduced, the Type 2 variation continued to be minted for the rest of 1913 and every year until 1938, except for 1922, 1932, and 1933 when no nickels were struck.