This post will determine once and for all whether it is faster and easier to pan for gold, or purchase it from Goldmoney.
If you think you already know the outcome of this experiment, and would like to try the new and improved onboarding, that makes it considerably easier to open a Goldmoney Holding than ever before to buy some gold, start here: https://www.goldmoney.com/w/goldmatters
Like many gold enthusiasts, I enjoy watching the show Gold Rush, on the Discovery Channel, in which amateur gold miners quickly discover just how difficult and expensive it is to get gold out of the ground.
I decided to purchase a gold panning kit branded by Gold Rush and give it a try myself to see if this process would be quicker than buying gold from Goldmoney.
This kit contains a gold pan and some other supplies necessary to do some panning, including some pay dirt from active gold mines!
The instructions in the kit recommend that you watch a video to learn the basics of gold panning put on by Parker Schnabel, one of the stars of Gold Rush.
Note the Chiweenie dog standing watch. Learn more about the Goldmoney Chiweenie here: https://steemit.com/money/@goldmatters/chiweenie-dog-joins-goldmoney-t-shirt-tour
The gold panning process requires a lot of patience, as the pan must be shaken many times and the dirt and rocks washed out. It is a methodical process that old time goldminers have been doing for a couple hundred years or so.
While I have casually panned a few times before I would by no means consider myself an expert.
Even the Chiweenie dog was getting bored of watching me washing rocks.
Little by little the lighter rocks are eliminated from the pan, and the heavier black sand and gold (hopefully) sink to the bottom.
Gold panning is a little like fishing. Patience is needed, with no guaranteed results.
Finally after some vigorous shaking......
Just kidding.
BUT
I did end up with a few flakes!!
The process took 45 minutes or so. Allowing time for some pictures :)
Lets compare to purchasing some gold using Goldmoney:
After funding my account via PayPal....
Selected order to buy $20 USD worth of gold.
Chose vault.
Reviewed order.
Placed order and received confirmation of order.
With my extra time, I sent a friend some gold (this was from my Personal account, but gold payments can be send from a Holding as well).
This process took considerably less time than panning for gold, cost less than the $25 + I paid for the kit, I experienced no hand cramping, and I ended up with more gold.
Next time I pan for gold, maybe Ill use my lucky gold hat! In the meantime, I will stick with the convenience of Goldmoney.
-Goldmatters
PS. As I was composing this blog, a friend sent me this picture, its just random enough to include.
To sign up for a Goldmoney Holding start here: https://www.goldmoney.com/w/goldmatters
I am on a personal mission to spread the world about Goldmoney through any means necessary. Goldmoney allows indivuals to empower themselves by protecting their savings by owning small or large amounts gold previously inaccessible to regular people like you and me.
Read more:
https://steemit.com/money/@goldmatters/game-of-thrones-and-goldmoney
https://steemit.com/bitcoin/@goldmatters/buy-bitcoin-use-goldmoney-and-a-call-to-action