fault lines dividing them also aggravated the “hot spots” of volcanic activity, which is why there are volcanic cones and caldera all over Nevada, like this one:
Do you know what volcanoes can bring bubbling up to the surface? Gold (NYSEARCA:GLD), silver (NYSEARCA:SLV), copper (NASDAQ:CU) and other minerals.
Early explorers in Nevada found rich outcroppings of all sorts of metals. Now we’re on to the next round of discovery – rich deposits that weren’t visible on the surface to 19th-century gold miners.
A Golden Bull
Why do I love gold so much? A couple of reasons…
First, I see gold as insurance against a corrupt financial system. The biggest crooks on Wall Street never get punished, which means they’ll pull off more shenanigans. If a major meltdown ever happens, that 5% or so of your portfolio that’s in precious metals will be a lifesaver.
Second, with the short-term trends for gold bearish, many miners (NYSEArca:GDX)