Gold played an important role in ancient Egyptian mythology and was prized by pharaohs and temple priests. Gold has been discovered in nearly every state in the U.S. “I believe there’s more undiscovered gold out here than has ever been found,” Gonzales says. Since gold is found all over the world, it has been mentioned numerous times throughout ancient historical texts. There you go … it’s all about ‘rights’ again. Typically it takes about 20 years to go from discovery to full scale gold mine. He believes that the difference may have been the equipment. Gold can be found throughout Michigan. The famous gold areas of Alaska, California, and many of the western states still produce lots of gold, and even many of the states across the Midwest and east coast have gold that can be recovered by prospecting. The prospector found it in a nearby place where hundreds of gold diggers have searched before, which makes the event even more surprising. After it was shared on social media site Reddit the footage has been … However, the new civil war won’t be between the North and the South – this one will be between the government and the treasure hunters who claim they found the location of the buried gold as far back as 2005 and have been denied their rights to it. Gold has traditionally been seen as a safe haven for investors, and many others are spending time looking for it. Peak gold takes this phenomena into account. Egyptians and gold The first firm evidence we have of human interaction with gold occurred in ancient Egypt around 3,000 B.C. Much like peak oil we’ve picked the low hanging fruit wherever it has been found. In the newly released video, explorers are shown wiping away mud from bars revealing their shiny gold surface. Most placer gold found throughout Michigan is […] This state by state guide will help you get started on your adventure! To get at some kind of estimate, let's figure that the world has been producing gold at 50 million ounces a year for 200 years. Legend has it, in the late 1880s, a group of bandits successfully raided the Mexican city of Monterrey and carried off a treasure trove of silver and gold, diamonds, statues and Catholic vestiges. When it comes to oil reserves the big ones stick out like a sore thumb. Now people are using modern technology to find it.” Above: Mark Patterson and Bobby Gonzales demonstrate the steps they take to hunt for gold. In addition to glacial deposits, there are also some known lode deposits that are found here. As of last year, the show had been on for six years and while a few things have been found here and there that provided hope for a bigger cache, things were going slowly, to say the least. But gold is still here. 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